Housing and Economic Predictions for 2013 and Beyond

As we near the end of 2012—after surviving the Mayan Apocalypse and teetering on the edge of the “fiscal cliff”—it’s time to review my housing and economic predictions for 2013 and beyond. And I believe serious analysis and planning will be in order as we enter yet another year of economic and political turmoil due to . . . → Read More: Housing and Economic Predictions for 2013 and Beyond

Sell Now or Wait for a Real Housing Recovery?

To Sell or Not to Sell

Homeowners struggling to deal with the consequences of the sluggish recovery in home prices are wondering if they should sell now or wait for a real housing recovery; and the answers are as varied as the local markets. One of the keys to answering the question is motivation. Across . . . → Read More: Sell Now or Wait for a Real Housing Recovery?

What’s the Significance of the Recent Increases in Home Prices?

What’s the Significance of the Recent Increases in Home Prices?

According to the S&P/Case-Shiller home price index, typical home prices in July “rose” to the level of nine years ago . . . not exactly a sterling achievement, especially when compared to the boom times of just a few years ago. However, the increase can be . . . → Read More: What’s the Significance of the Recent Increases in Home Prices?

Recession or Recovery? What We Call it Doesn’t Matter

Recession or Recovery? What We Call it Doesn’t Matter

While news stories and politicians continue to tout the “recovery,” those on Main Street remain confused. Here are just a few of the news stories that minimize the economic crisis:

Reports of a recession have been greatly exaggerated

Don’t Fear the Double-Dip Recession

US Economy Remains in ‘Recovery Phase’

Of course . . . → Read More: Recession or Recovery? What We Call it Doesn’t Matter

Selling Your Home in Today’s Housing Market

Home Selling Tips

Selling your home in today’s housing market may seem an impossible task, and for those who fail to approach the issue with knowledge and determination, it may well be. Many experts now agree that the housing market has experienced structural changes and predict that a return to pre-crisis sales levels is many . . . → Read More: Selling Your Home in Today’s Housing Market

Home Owners, Home Prices, Retirement and Inflation

Contemplating the Future of Home Prices

While opinions vary on where home prices are headed during the next couple of years, most agree that we’ve begun to see the stabilization we’ve hoped for during the past five years. But stabilization is far from a return to the heady days of 2005/2006; and it is also . . . → Read More: Home Owners, Home Prices, Retirement and Inflation

When it Comes to Building, Buying or Selling Homes, Clean Isn’t Just Nice, It’s Essential

As a homebuilder for four decades I’ve always been aware that when it comes to building, buying or selling homes, clean isn’t just nice, it’s essential. A clean house under construction acts as an incentive to subcontractors to keep their work areas clean and seems to encourage them to pay attention to details. Additionally, a clean . . . → Read More: When it Comes to Building, Buying or Selling Homes, Clean Isn’t Just Nice, It’s Essential

Top 10 Tips for Working with Contractors

Okay, so the housing crash has left you trapped in a home that no longer meets your needs. The kitchen is outdated, the bathrooms too small and you’d like a nice outdoor space. What do you do? The obvious choice is to remodel, but you’ve heard horror stories about the mess, the costs and the hassle.

Thousands . . . → Read More: Top 10 Tips for Working with Contractors

Is the Housing Recovery Real or Imagined?

With many economists claiming that the real estate market is stabilizing, some are asking, “Is the housing recovery real or imagined?” While there is some data to support an affirmative reply, a careful analysis shows us that the U.S. housing market may still be on life support. I believe it’s still too early . . . → Read More: Is the Housing Recovery Real or Imagined?

Home Sellers Should Forget the Headlines and Call a Local Real Estate Agent

Homeowners get it; the U.S. housing market is still far from “normal,” with new horror stories being reported daily. Many wonder if they’ll be stuck in their homes forever. However, the reality is that the real estate statistics reported nationally are meaningless to the average homeowner. Yes, real estate is local, and has always been that . . . → Read More: Home Sellers Should Forget the Headlines and Call a Local Real Estate Agent