With home values falling dramatically from 2006 boom prices, many homeowners have found themselves in what is called a ‘negative equity’ or ‘underwater’ situation. This means the value of their home is currently less than the mortgage amount on that … [Read more...]
Is There a Window of Opportunity for Sellers Right Now?
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 … [Read more...]
NAR’s 4th Quarter Home Sales Report [INFOGRAPHIC]
InfoGraphic … [Read more...]
Housing Market in 2013: Freddie Mac’s Projections
Some believe that our coverage of the housing market at times is too optimistic. Today, we want to report on Freddie Mac’s projections for the real estate market in 2013 as per their latest U.S. Economic and Housing Market Outlook. Frank Nothaft, … [Read more...]
Is Homeownership a Good FINANCIAL Decision?
Many have reported on Robert Shiller’s recent comments on the investment aspect of homeownership. Shiller, a Yale professor and co-founder of the Case-Shiller Home Price Index, is famous for making provocative comments on house prices and the … [Read more...]
Thinking of Buying Your Dream Home? DO IT NOW!
A recent survey showed that 3 out of 4 future home buyers (who are not first time buyers) plan to move up to some form of a ‘better’ home. The breakdown: Move to a significantly bigger home (49%) Move to a nicer home (17.5%) Move to a nicer part of … [Read more...]
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