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18 May8 things to know about buying a home today
The home-sale market is showing signs of life. More buyers are confident now than they were a year ago that now might be a good time to buy. Interest rates are near all-time lows and home prices in some areas are back to 2002-2003 levels. Some analysts are finally suggesting that we may be headed [...]
Read More ...04 MayIs Housing as Cheap as It’ll Ever Get?
Home buyers who want a bargain may want to act now because the housing market is in the midst of a turnaround, economists say. Home prices have fallen and mortgage rates are hovering near record lows, pushing home affordability for the average family to record highs. Meanwhile, rents have been on the rise, making owning [...]
Read More ...23 Mar5 Foreclosure Myths for 2012
Beginning in 2007, foreclosures rocked the real estate world. Like an out-of-control freight train, they began decimating the market, peaking in 2009. Myths and rumors began propagating like mushrooms as consumers struggled to understand the new reality. Although many misconceptions have come and gone, we still encounter five myths on a regular basis. 1. There [...]
Read More ...07 Mar5 Ways for Sellers to Lure More Buyers
Pricing your home realistically will most certainly get potential buyers through the door, but how do you get them to fall in love with the home? A recent article at U.S. News & World Report offers some of the following tips for sellers in enhancing their home’s appeal. Add curb appeal: “Make sure the house [...]
Read More ...28 FebExisting-home sales post third gain in 4 months
By Inman News Increased demand from investors and first-time homebuyers helped boost existing-home sales in January — the third increase in the past four months, the National Association of REALTORS® reported. NAR said total existing-home sales — including single-family homes, townhomes, condominiums and co-ops — were up 4.3 percent from December to January, to a [...]
Read More ...23 FebHome Sales Sunnier as Spring Buying Season Approaches
WASHINGTON — The housing market is flashing signs of health ahead of the spring buying season. Sales of previously occupied homes are at their highest level since May 2010. More first-time buyers are making purchases. And the supply of homes fell last month to its lowest point in nearly seven years, which could push home [...]
Read More ...16 JanForeclosures Decrease 34 Percent in 2011
Total U.S. foreclosure activity and the U.S. foreclosure rate in 2011 were both at their lowest annual level since 2007, according to RealtyTrac®, an online marketplace for foreclosure properties. The company recently released its Year-End 2011 U.S. Foreclosure Market Report™, which shows a total of 2,698,967 foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported [...]
Read More ...13 JanReal Estate Superstitions
You may avoid walking under ladders, have never crossed paths with a black cat and have a lucky pair of socks, but have your superstitions affected your real estate decisions? In honor of Friday the 13th, the most popular superstition in the world, we’re taking a look at some of the irrational fears that can [...]
Read More ...06 Jan2012 Home Sales: Positives on Many Fronts
On January 3, 2012 by Robert Freedman NAR released its latest pending home sales index figure last week and for the second month in a row the index is up. But more than that, the index has broken 100. This is significant because the only time since the housing boom collapsed that the index has [...]
Read More ...02 JanWhat’s in store for 2012 Housing?
The worst for the housing market may finally be over, according to housing experts in a recent article in Kiplinger. After median home price have dropped nearly 40 percent nationwide, a rebound is taking shape — although, housing experts say, the market may stay flat for awhile before gradually ticking up. According to housing experts [...]
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