Condition of Real Estate Market – Home Prices Continue to Dive

August 26, 2011

in This Week in Real Estate | Tagged , ,

Some grim news again this week for the depressed condition of the real estate market. Home prices plummeted 5.9 percent in the second quarter from a year ago. That is the biggest drop in price tags since 2009. Prices slipped .62 percent as compared to the last quarter, according to data compiled by Federal Housing [...]

What Does Short Sale Mean?

June 19, 2011

in Short Sales | Tagged

Buying Short Sales: What You Need to Know As the real estate market remains volatile, one of the best options for many new homebuyers is purchasing a short sale home. But, what does short sale mean? A short sale is when lenders have the opportunity to sell a property before the bank forecloses on the [...]