People often tell me that when they were in college they assumed owning a home was something they would only do much later in life. The goal of being a...
How bad is it for you when you live in a ghost town? Drives down property value, doesn’t it? Well, Washington thinks America’s cities are turning barren, with empty homes...
Whoops! Experts in the real estate field really slipped up on this one. Since the expiration of the homebuyer tax credit, pending home sales have been in a steady decline....
Home appraisals are often the most stressful part of any home sale. You never know if your home is worth what you’re hoping to get for it. You never know...
Duck! Your bank is falling! A few years ago, that would have sounded as absurd as “The sky is falling!” But that was a few years ago and we live...
How long do you think it’ll be until demand for homes outstrips supply? Half a year? 1 year? If your friends have been telling you the recession is over, tell...
The evidence so far clearly shows that the surge in home sales in the first 2 quarters was completely due to the tax credit. So the slow down over the...
Have you heard of the Housing Opportunity Index? It was developed by the National Association of Home Builders and Wells Fargo to measure how affordable housing is around the country....
Two quarters in a row the number of homeowners classified as “underwater” has declined. That means that “only” 11 million homeowners owe more than their homes are worth. (In case...
It seems some numbers are up while some numbers are down. That seems to be the norm in this crazy economy. If you look at things one way the glass...
HUD’s now selling homes at discounted prices! Let’s cash in on the excitement now! Oh, wait a minute, they’re only selling at a discount to the government and NPOs! So far the program is only temporary, but this homes will be marketed to qualified NSP grantees before being put on the regular market. And at...
You know those banks that got bailed out last year? Of course you do. You remember, they took all your tax money and it seemed to disappear. Yeah, I see you nodding your head. You know the banks I’m talking about. Well, I’m no expert (not about banks anyway), but here’s what I thought the...
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