Blog & Real Estate Tips
The National Association of Realtors has reported that there was a surge in investment as well as vacation homes in 2011, with the total market share reaching the best level since 2005.
The 2012 Investment and Vacation Home Buyers Survey of NAR covered present, as well new home transactions that took place last year. According [read more]
The US housing market is recovering, but is showing signs of being somewhat volatile and locally driven. For instance, in Miami the condo market is experiencing growth again, while in Atlanta there has been a decrease in home prices due to a new wave of recent foreclosures.
There has a been a 4% decrease in [read more]
The housing market remains unpredictable with mixed signs of prices dropping in 19 of the 20 market statistical areas mentioned in the S&P/Case-Shiller Home Price.
In comparison to November 2010, there was an 3.65% drop in the 10- and 20-City Composite Indices respectively. A positive development was the increase in existing home sales.
For the first time in four months the median sales price for homes has risen to $156,600. This rise in home sale prices, along with a steady rise in the sales of homes is a plus-plus situation for the industry as a whole.
Sellers are finally beginning to see multiple offers on homes and seeing a [read more]
While the previous years have seen record lows for mortgage rates in the housing industry, the US is finally seeing fixed rate mortgages rise above the 4% mark for the first time in nearly half a year.
While this increase may seem like a warning sign to buyers that the window of opportunity is quickly [read more]
