For some time now, we have attempted to shed light on the fact that pricing in today’s real estate market, as it is in the markets for every other saleable item, will be determined by the concept of ‘supply and demand’. According to … [Read more...]
Are Lending Standards Loosening?
Celia Chen, an economist for Moody’s Analytics, recently reported on her projections regarding mortgage standards throughout 2013. “The housing recovery began in earnest in 2012, despite constraints placed by a still-tight mortgage lending … [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...]
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...]
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...]
House Prices: When Will 2006 Values Return?
There is a lot of optimism regarding house prices. The most recent Home Price Expectation Survey projects a 3% -3.5% increase in values for each of the next 5 years. We concur that most parts of the country will see varying levels of appreciation … [Read more...]
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