One of the most interesting revelations of the latest National Association of Realtors (NAR) Existing Home Sales Report is the shortage of housing inventory being reported throughout much of the country. At the same time, buyer demand is dramatically up over last year. Here are some key points: Total housing inventory at the end of January fell 4.9 percent to 1.74 […]Continue Reading... No Comments.
Many potential buyers are waiting until they can be 100% sure the real estate market has fully recovered before making the move to purchase a home. Here are five reasons why waiting might not make sense any longer: 1.) Prices Are on the Rise The latest Case Shiller Home Price Index revealed that home prices […]Continue Reading... No Comments.
Case Shiller released their latest Home Price Index yesterday. The headlines that followed were true but, in our opinion, a little misleading. Here are some of the highlights of the report that have dominated major media coverage: Home prices rose 5.5% in the 12 months ending in November 2012 (the latest data available). In the […]Continue Reading... No Comments.
The real estate market is in the midst of a major comeback. Sales are greater than any time since 2007. Consumer confidence is increasing. Economists are now saying housing is the major tailwind to our nation’s overall economic recovery. However, there is one major challenge that could stall the housing market: a lack of inventory. […]Continue Reading... No Comments.
This blog often discusses the data behind the housing market. Today, we want to address the emotion behind the market comeback; a belief in homeownership which is still alive and well in this country. A study conducted by Coldwell Banker via The Emotion Driving the Housing Recovery.Continue Reading... No Comments.
Yesterday, we reported on the adverse impact foreclosures have had and will continue to have on the children of this country. Today, we want to talk about how parents can soften the effect. If you can’t keep your house, you via Foreclosures: What About the Children (Part 2).Continue Reading... No Comments.
Does it make sense to pay a full commission to your real estate agent in today’s market? Sellers, buyers and even agents are debating what should be charged to assist a consumer in completing a real estate transaction. Forget what via Real Estate Commissions: You Get What You Pay For.Continue Reading... No Comments.
We try to give our readers great real estate information each and every day. This information is usually in the form of analysis of the most current reports and studies on housing. We almost never use anecdotal stories. Today, we via Even a 14-Year-Old Knows It’s Time to Buy.Continue Reading... No Comments.
It’s the time of year when the so-called experts tell you how to fill out your brackets for college basketball. The frenzy has been coined March Madness. Well, in the mortgage industry, we are seeing a frenzy of headlines, offers via March Madness for Real Estate and Mortgages.Continue Reading... No Comments.
There is no shortage of opinions as to where home prices are headed in 2012. From Clear Capital’s expectation that prices will show a ‘slight uptick’ this year to Fitch’s projection that prices‘will fall another 13 percent’, there seems to be no consensus as to where real estate values are headed. How can there be such a disparity of opinion among […]Continue Reading... No Comments.