Housing, the force that has lifted the economy from almost all previous recessions, now appears to have become the little engine that can’t, as the nation seeks to find another means of raising the U.S. from economic stagnation. One only has to look at the graphs (courtesy of Calculated Risk Blog) to see just how far . . . → Read More: The Little Engine That Can’t
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With millions of homeowners having lost much of their net worth as a result of the housing crash, many have asked, When will home prices return to pre-recession levels? And the answer is neither simple nor encouraging. Lost Home Value What homeowners really want to know is when their lost equity will . . . → Read More: When Will Home Prices Return to Pre-recession Levels? With large numbers of investors and others seeking to take advantage of low home prices, many remain unaware that real estate profits are made on the purchase not the sale. Sadly, millions of current homeowners and others who may have already lost homes to foreclosure overlooked the economic realities of their purchase. Making a Shrewd Purchase In . . . → Read More: Real Estate Profits Are Made on the Purchase not the Sale The Importance of Location When Buying a Home Most have heard the Realtor® adage, “The three most important aspects of real estate are: location, location, location. And while we may smile when hearing it and even acknowledge the importance, many purchases are made without considering ALL the factors associated with location. Considing the Factors of Location Those shopping . . . → Read More: The Importance of Location When Buying a Home The Age Factor in Homebuying While the age of a home denotes how long the structural members have been in place, the actual number of years means little or nothing. As with humans, age is relative; and sometimes a fifty-year old home is in better condition than one that is only a couple of years old. . . . → Read More: The Age Factor in Homebuying Competing in Today's Market As many homeowners have discovered, selling a home is much more than signing a listing agreement. In today’s housing market, sellers are competing with foreclosures, short sales and neighbors willing to forgo the profits common in past years. Those serious about selling understand the demands of the . . . → Read More: Selling a Home Is Much More Than Signing a Listing Agreement  Comments are closed  Housing Market, Selling Homes  competing with foreclosures, home selling tips, housing market, Selling Homes The Future is Here As 2011 draws to a close, I once more look to past and current events to provide insights for my housing and economic predictions for 2012 and beyond; and what I see is both problematic and disheartening. Having experienced four years of instability in the housing market and with unemployment remaining at . . . → Read More: Housing and Economic Predictions for 2012 and Beyond 3 comments - (Comments are closed) Predictions Economic Predictions 2012, Housing Forecast, housing predictions Continued Struggles for Housing As we wind up year four of the worst housing crisis since the Great Depression, the country still faces the issues of strategic default, principal forgiveness and the specter of moral hazards. It now seems obvious that waiting for an illusive housing recovery is an exercise in futility, for we’re no closer . . . → Read More: Strategic Default, Principal Forgiveness and the Specter of Moral Hazards 6 comments - (Comments are closed) Economic Crisis, Foreclosures Foreclosures, moral hazard, principal reduction, strategic default Builders Join the Bargain Bandwagon While many homebuyers are attracted by the lure of low prices sometimes found in foreclosures, builders have jumped on the bargain bandwagon and may offer greater value and less hassle than is often associated with distressed sales. For those who prefer the features and amenities often found only in new . . . → Read More: Builders Have Jumped on the Bargain Bandwagon The “Real” Importance of Location Chose Location Carefully In searching for a home, price may be a major factor, but one of the first and most critical issues to consider is location. Is the home in an area where you want to live, and equally important, will the area appeal to future potential buyers? Is . . . → Read More: The “Real” Importance of Location Comments are closed Buying Homes, Selling Homes Buying Homes, home buying tips, Location, Selling Homes |
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