Energy Inspections for Home Sales

June 29, 2012

in Home Improvement, Home Inspection, Tips When Selling a Home | Tagged , , , , ,

The global conscience regarding the environment has rapidly shifted in recent years, and an interest in saving energy (and money!) is shared by many people in all demographics. Homebuyers in particular are making more energy efficient choices in the search for their next home. As a result, energy inspections for home sales are increasingly an [...]

Investors Indulge in Bulk Buying as Home Prices Drop Further

March 2, 2012

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Home Prices Plummet Just when everyone thought that the worst was over, some dreary news. Home prices hit their lowest level in December since the advent of the housing crisis, according to the Standard & Poor’s/Case Shiller Index of 20 American cities. Prices fell 1.1 percent when compared to November, and 4 percent when compared [...]

Investors and Rentals Continue to Rule the Housing Market

February 24, 2012

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Looking to Invest? Consider the South If you’re thinking about investing in the housing market, your destination should be Atlanta, Phoenix or Miami. And not just because of the nicer weather. That’s where the most attractive assets are, says Marc Faber, editor of Gloom Boom & Doom report. Faber told CNBC that the Southern markets [...]

More Good News for Housing Market, but Foreclosures Loom on Horizon

February 17, 2012

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Home Builders Continue to be Optimistic Will Spring bring a new lease of life for the housing market? Home builders seem to think so. They are hopeful home sales will pick up with the warmer weather, ushering in good news for the market and the economy. For the fifth straight month, builder sentiment in February [...]

Strict Lending Standards & Foreclosures Taking Their Toll

February 3, 2012

in Home Foreclosures, Mortgage Interest Rates, This Week in Real Estate | Tagged , , , , , , , ,

New Home Orders Rise Looks like the market for new homes is on the mend. Orders for new homes increased in the quarter ended December, bringing a much needed cheer to the home building industry.The news has made the chief executives for some of the nation’s biggest home building companies cautiously optimistic about a market [...]

End of 2011 Brings Rise in Home Sales and Continued Low Mortgage Rates

December 30, 2011

in Mortgage Interest Rates, This Week in Real Estate | Tagged , , ,

Home Sales Rise What a happy way to bid 2011 goodbye. According to the National Association of Realtors®, the number of contracts signed for future purchase of existing homes rose 7.3 percent. That’s the highest gain in 19 months. Plummeting prices and low lending costs accelerated the numbers, which economists were expecting to rise by [...]

New Home Sales Inch Upwards While Home Prices Drop

December 2, 2011

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Home Prices Plunge Again in September Dashing the hopes of consumers and experts, home prices dived in September, quashing any theory of the market leveling off. And they fell below analysts’ expectations. According to the S&P Case-Shiller 20-city home price index, prices slipped 3.6 percent in September, when compared to the same year-ago period. Bloomberg [...]

Housing Market Still Struggles – But is Good News on the Horizon?

November 18, 2011

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Builder Confidence Rises There’s a glimmer of good news from the home building industry. This week, the National Association of Home Builders said that builder sentiment for the new single family home segment grew to 20 in November. While that’s still below 50 – the benchmark for a healthy market, it’s a good sign because [...]

Real Estate Recovery: Will it Happen Soon?

October 28, 2011

in This Week in Real Estate | Tagged , , ,

The end is not yet in sight. The housing market continues to be down and it may be awhile before it picks up steam again. According to the RPX monthly housing report by New York-based Radar Logic, composite prices in the 25 metropolitan areas in August fell to 0.8 percent, the largest dip recorded for [...]

Latest Breaking News on Housing Market

September 30, 2011

in This Week in Real Estate | Tagged , ,

First up is some positive breaking news for the housing market. Shadow inventory of homes is declining, providing a dose of good news for the glum housing market. Shadow inventory, or homes on the verge of foreclosure, fell to 1.6 million units representing a five-months supply in July compared to 1.9 million units representing a [...]