Relatively few of the pages of legislation touch on real estate finance directly. Much of the bill addresses the way hedge funds, banks, and other financial services companies are regulated. One of its centerpieces is the new Financial Stability Oversight Council, which will have the job of issuing alerts when it sees lending practices becoming [...]
Make Your House FHA-Loan Friendly Know the basics of FHA loan rules and you stand a better chance of selling your house or condo. Read 6 Reasons to Reduce Your Home Price While you’d like to get the best price for your home, consider our six reasons to reduce your home price. Read 7 Tips [...]
Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, rose 5.3 percent to 102.9 from 97.7 in February, and is 21.1 [...]
Buffett predicts downturn will end in 2011 NEW YORK – March 2, 2010 – Billionaire investor Warren Buffett predicted that the real estate market downturn would end by 2011 as the housing inventory declines. “Within a year or so, residential housing problems should largely be behind us,” Buffett wrote in his annual letter to the [...]
We want to thank our customers. We’ve been very fortunate to have great customers. With each real estate transaction comes the opportunity for a rewarding friendship. Driving around town, seeing this home or that property with which we helped the sellers or buyers is like seeing old friends and family. It always yields a warm feeling of [...]
Selling your home? Realtors pick nine green improvements to close deal A new poll of nearly 1,000 Realtors offers a glimpse at the top “green” improvements recommended by real estate professionals to help move a sale property off the market. The upgrades – which include planting native greenery, replacing air filters, staging the home with [...]
One in 20 Americans say they plan to buy a home within the next year, and they’re most likely to be 34 years old or younger and living in the South or West, according to a survey released Wednesday. Roughly a quarter of potential buyers said the No. 1 reason they would buy now is [...]
RISMEDIA, September 8, 2009-House prices in the U.S. continued to depreciate in the second quarter 2009 but at a much more moderate rate compared to the fourth quarter 2008, the peak of the collapse in home prices, according to a quarterly housing valuation analysis by IHS Global Insight. Prices fell at a 2.7% annualized rate [...]
Make no bones about it, with respect to our real estate market, that was then and THIS is NOW. As with any commodity market, values change. In the grand scheme of things, real estate is just that, a commodity. The underlying force affecting price is supply and demand. It really doesn’t matter what triggers it, it’s [...]
WASHINGTON – Sept. 1, 2009 – Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors® (NAR). The Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, [...]