If you’re ever looking for some light entertainment, just surf your way over to the National Association of Realtors website. They’ve always got plenty of “news” and press releases that make no mistake about the fact that they’re seriously pro-housing. Take their latest release regarding residential housing inventory and days on market. Median Time on… Continue reading NAR: Housing Inventory Is Tight, and May Get Too Tight
Category: Real Estate News
The Great Short Sale Scam
If you’ve watched (or listened to or read) the news lately, you’ve probably been told that short sales are surging in popularity. So if you’re currently in an underwater position on your mortgage, you may be thinking about listing your property and hightailing it out of there. But I wanted to share a few words… Continue reading The Great Short Sale Scam
No Housing Turnaround for a Generation?
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?
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
Home Prices Rise in 100 US Cities
Most US cities saw home price gains in the second quarter, according to the latest report from the National Association of Realtors. From April to June, 100 out of the 155 metropolitan statistical areas (MSAs) in the United States had higher median single-family home prices as compared to the second quarter of 2009. And 14… Continue reading Home Prices Rise in 100 US Cities
Top 10 Cities to Buy vs Rent
We’ve already covered the top 10 cities to rent vs. buy, so now let’s look at the top 10 cities to buy vs rent. While there are plenty of advantages to renting an apartment or a home, there may be more upside to buying one, depending on where you live. Currently, mortgage rates are at… Continue reading Top 10 Cities to Buy vs Rent
Top 10 Cities to Rent vs. Buy
If you’re curious whether it’s the right time to buy that dream house, you may want to consider the local rents in the area. There are plenty of advantages to renting, like no down payment, the flexibility to move, and lower monthly payments. At the same time, buying a home means more space, tax deductions,… Continue reading Top 10 Cities to Rent vs. Buy
Zillow Zestimates Could Be Thing of the Past
Could this be the end of Zillow Zestimates as we know it? First American CoreLogic Inc. has sued Zillow and seven other companies that provide automated house values. The Santa Ana, CA-based company claims Zillow, Fiserv, IntelliReal, Interthinx, Lender Processing Services, Precision Appraisal Services, Real Data Inc, and Realec Technologies Inc. infringed upon a 1994… Continue reading Zillow Zestimates Could Be Thing of the Past
More than 80 Percent of Buyers Believe Now is a Good Time to Buy a Home
More than 80 percent of first-time home buyers believe now is a good time to buy a home, according to a new survey from Realogy and parent company Century 21 Real Estate. Which begs the question: why do only 80 percent of those buying a home think it’s a good idea? Are 20 percent buying… Continue reading More than 80 Percent of Buyers Believe Now is a Good Time to Buy a Home
No Rush to Buy a Home
I follow the real estate market pretty intently, and I’ve actually considered purchasing some real estate myself, given the fact that bargains are beginning to emerge. But at the same time, I don’t think there is any rush whatsoever to purchase a property. I don’t think you’ll miss anything if you wait. Sure, home prices… Continue reading No Rush to Buy a Home