This week, we are going to look at the three financial reasons to buy a home now instead of waiting: prices are rising at an accelerated rate, interest rates are increasing and rents are skyrocketing. Part I – Prices Are Rising at an Accelerated Rate The price of a home is the major consideration when deciding […]Continue Reading... No Comments.
Remember your homes worth is not equal to purchase price plus coast of a project. Your home is worth what your local market is worth. So do a project for quality of life, have fun and enjoy the improvement.Continue Reading... No Comments.
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.
It’s likely you’ve heard the term “short sale” thrown around quite a bit. What exactly is a short sale? A short sale is when a bank agrees to accept less than the total amount owed on a mortgage to avoid having to foreclose on the property. This is not a new practice; banks have been […]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.
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.
5 Real Estate Trends to Look For in 2013 by THE KCM CREW on DECEMBER 27, 2012 · 3 COMMENTS Predicting trends during volatile economic times in American is no easy task. However, we are going to give it our best shot. We strongly believe these are the five real estate items we should keep […]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.
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.