Most Undervalued Cities in the United States

I already touched upon the most overvalued cities in the United States, so let’s talk about undervalued areas. Those are the ones we might want to invest in, right?
As one may have guessed, the hard-hit, foreclosure-riddled Las Vegas metro is the most undervalued area in the United States, with a median home price of [...]

Most Overvalued Cities in the United States

Plenty has changed over the past four years in the real estate world.
Home prices have plummeted, large banks and mortgage lenders have gone out of business, and millions have received foreclosure notices.
But as the dust begins to settle, opportunities will present themselves, and as I always say, real estate is local, so some areas will [...]

Top Investment Real Estate Markets for 2010

If you’re in the market for an investment property, you may be wondering where to buy in 2010.
Well, a company that specializes in analyzing the “best” investment properties could make your search a little bit easier.
FinestExpert.com gathers and analyzes data from over four million active properties nationwide, looking at things like employment, cash flow, rental [...]

Home Prices Sold in My Neighborhood

If you want a good idea as to what your home might sell for, or what one may cost, you need to go local; forget about national home prices.
Who cares if home prices are falling in Denver if they’re rising in Boston, and vice versa?  What about home prices sold in my neighborhood?
If you look [...]

U.S. Home Prices to Return to Peak in 2020

There’s been plenty of talk of a housing bottom, but home prices may not rebound for another decade, according to a report from Celia Chen of Moody’s Economy.com.
She said home prices won’t return to their 2006 peak levels until 2020, and even later in certain hard-hit areas like California, Nevada, Arizona, Michigan, and Florida.
For some [...]

Are Home Prices Still Falling?

More real estate Q&A: “Are home prices still falling?”
Lately, a lot of Americans have been wondering if the home price carnage is going to continue throughout 2009, or finally turn around now that’s there been an uptick in home sales.
While there has been a rise in both existing and new home sales over the past [...]

Is Real Estate Still a Good Investment?

A friend of mine recently asked, “Is real estate still a good investment?”
I paused for a moment, and then we had a long discussion about it.
On the surface, without thinking too deeply, real estate is always a good investment.
Yes, that’s what the interested parties, like real estate agents and mortgage bankers, always say and want [...]

Do Real Estate Agents Make Good Money?

Everyone seems to be interested in real estate, mainly because you can make a lot of money without too much education.
In other words, you can make the same money doctors and lawyers make without going to school for a decade.
But “do real estate agents make good money?”
Some would argue yes and some would say no, [...]

New Home Sales Slip Lower in May

You know it’s bad news when the home builders are pessimistic…
Sales of newly built, single-family homes declined less a percent to a seasonally adjusted 342,000 units last month, but were off more than 30 percent from a year ago, according to the Commerce Department.
That’s obviously not good news, but even worse given the fact that [...]

More Expensive Homes May Not Bottom Until 2012

Having a super expensive home is generally viewed as a good thing, but the priciest homes in the nation may also take the longest time to recover.
A pair of JPMorgan Chase analysts believe homes priced over $1 million won’t find a bottom until 2012, largely because the supply of such homes is increasing thanks to [...]