When deciding whether or not to buy a home, one consideration will be the cost of alternative housing options. Renting an apartment is one such alternative. Where are rental prices heading over the next few years? Rental prices usually increase by … [Read more...]
Happy Veterans Day!!
Thank you for your service! … [Read more...]
Fannie, Freddie both turn big profits
Freddie Mac reported a net income of $2.9 billion in the third quarter, and will pay back $1.8 billion to the Treasury. Fannie Mae reported a net income of $1.8 billion for the third quarter of this year, compared to a $5.1 billion loss in the third … [Read more...]
Trulia on the pluses and minuses of Obama’s re-election
Forbes has a column from Trulia’s chief economist, Jed Kolko, “What Obama’s Re-Election Means for Housing.” Interesting reading, but if you’re lazy here are the main points: 1. More opportunities for refinancing as the … [Read more...]
Constant or Higher Prices on Recent Transactions Compared to a Year Ago
Home prices continue to firm up as demand for existing home sales is reported to be increasing faster than the supply of available homes. According to the latest REALTORS® Confidence Index, about 30 percent of REALTORS® reported constant home prices … [Read more...]
Gen X & Y and Homeownership [INFOGRAPHIC]
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