Last week, famed Yale economics professor Robert Shiller told Reuters there might not be a housing market rebound for an entire generation. Yes, an entire generation. Or longer… He told the news service that there’s a chance we won’t a “major turnaround in our lifetimes,” though he was speaking in the first person to other… Continue reading No Housing Turnaround for a Generation?
Month: April 2012
Stale Listings and Price Reductions
If you’ve been scouring real estate listings for a while now, you’ve probably paid close attention to how long a particular property has been listed. And if you haven’t, you should probably take note. Every little nugget you can take away from a property listing will help you better assess the situation, which could ultimately… Continue reading Stale Listings and Price Reductions
Cul-de-Sac vs. Dead-End Street: From a Real Estate Perspective
Cul-de-Sac Definition The word cul-de-sac literally means bottom of the bag But it’s a good thing when it comes to real estate Because it means you don’t live on a through street And there’s a safer area for kids to play Even if you’ve never shopped for real estate, you’ve undoubtedly heard both the term… Continue reading Cul-de-Sac vs. Dead-End Street: From a Real Estate Perspective
Smart Move Advantage Guaranteed Lease Review
Homebuilder Pardee Homes recently teamed up with Smart Move Advantage in the hopes of selling more homes, while alleviating the concerns of existing homeowners. It’s called the “Smart Move Advantage Lease Guarantee,” and basically guarantees rent on your existing home for up to three years if you buy a new Pardee home. Here’s how the… Continue reading Smart Move Advantage Guaranteed Lease Review
Two Standard Sales That Aren’t So Standard
These days, real estate agents love to mention that a particular listing is a “standard sale,” meaning it’s not in foreclosure or in a short sale situation. While this is generally a good thing, largely because non-standard sales can be riddled with red tape and other issues, some properties aren’t as standard as they seem.… Continue reading Two Standard Sales That Aren’t So Standard
Condo vs. House: Which to Buy and Why?
Realty Q&A: “Condo vs. house.” If you’re currently looking to buy a piece of property, perhaps to take advantage of the record low mortgage rates on offer, and also the reduced home prices, you may be torn between a house and a condo. But which is the better buy and why? Well, it really depends… Continue reading Condo vs. House: Which to Buy and Why?
What is a Pocket Listing?
Here’s a hint. It’s not a really small house you can put in your pocket. But it is somewhat hidden, which explains the name “pocket listing.” Put simply, a pocket listing, also known as a “pocket deal,” is a house that is “for sale,” but not necessarily officially. So basically a homeowner is interested in… Continue reading What is a Pocket Listing?
Redfin vs. Zillow vs. Trulia: Which Is Better?
There have been plenty of exciting match-ups throughout history. Rabbit vs. turtle, cobra vs. mongoose, Magic vs. Bird…the list goes on. But how do you choose when three very similar real estate listing websites with equally ridiculous names are all wooing you for your business? Well, you break it down to see what each does… Continue reading Redfin vs. Zillow vs. Trulia: Which Is Better?