Nowadays, homes are sitting on the market a lot longer than they have been in the past, mainly because it’s a buyers market. There’s simply too much supply and not enough demand, despite the record low interest rates and home price declines. Factor in lengthy underwriting turn times and the fact that financing is hard… Continue reading Where Luxury Homes Are Selling Fastest
Month: April 2009
Most Affordable U.S. Cities to Rent
Now that the notion of purchasing a home is becoming less and less attractive, you may be considering renting as an alternative, at least until home prices fall to more affordable levels. At the same time, you may prefer to live in an urban center, but without the hefty price tag that typically goes with… Continue reading Most Affordable U.S. Cities to Rent