Owing More Than Market Value Of Home
Owe more than your house is worth? When home debt exceeds home equity, it's a big problem. Economists have predicted this might happen more when consumer start tapping their home equity at the same time home appreciation tapers off or even stops. The best way to get on top of the loan is to spend a…
Housing Market Includes Minority Home Buyers
As America grows more diverse so does the housing market. The numbers of minority home buyers are increasing steadily and real estate agents who specialize in helping minority home buyers can expect a strong market. Minority home buyers include Hispanics, African-Americans and Asian-Americans as…
Property Tax Assessment Depends On More Than Market Value
Why might a market value for a home be so much higher than a tax assessor's value? It depends on how the tax assessor calculates the home value. Learn about the nuances that tax assessors may consider when determining a home's value.
Buying A Home In Real Estate Market With Rising Prices
When home prices rise in the real estate market you as a home buyer may be wondering if it is the right time to buy a home. Will home prices fall enough later on to make a home more affordable? When buying a home you should consider market inflation and interest rates.
In the midst of a weak, jobless, economic recovery, interest in homeownership hasn't waned one little bit. In fact, the housing market has grown. The housing market continues to prop up the economy. Still, nothing lasts forever, not even the best housing market in history. While no one is saying the…
Stock prices are up, home sales continue to steam ahead and more Americans went back to work. If you ended the day feeling like you're worth more today than you were yesterday, you're probably right.
Selling Your Home Includes Landscaping, Home Improvement
Maybe you've had your home on the market for a while and it's not selling. What can you do to sell your home? Part of selling your home is improving its curb appeal with improved landscaping and home improvement projects. Brainstorm with your real estate agent for some other ideas to help sell your…
High Home Values And Low Interest Rates
With the Federal Reserve holding interest rates low, mortgage loan rates are also low. As a result more home buyers are buying homes and demand for homes is increasing. Home values are rising but by how much depends on what region of the country you're in. Economists expect interest rates to stay…
Selling Tips For A Tough Market
With economy on tilt and political instability in several parts of the globe, home sellers are increasingly nervous about whether their properties will sell quickly, slowly, or at all. When you're selling in tough times, you've got to be as aggressive as possible. Home sellers need to make sure…
In 2002, more than 6.5 million existing and newly constructed homes were sold, a new record. Although sales of new and existing homes are breaking records, sales of second homes are increasing faster than sales of primary residences. Sales of investment or vacation homes have increased by 25 percent…
The past year was a record-breaking year for sales of existing and new homes, but fourth quarter sales have slowed. This could be a sign that the housing market is softening. Sellers need to be prepared to have their houses on the market longer as they compete with more sellers. However, as the…
When Buying A Home Think About Home Value
When you're buying a home you should look at the state of the housing market. Are home values increasing or decreasing and why? Take home value and the factors that affect it into account when you're buying a home and you'll make a real estate investment.
Are Housing Prices A Bubble That's Going To Burst Like The Stock Market?
Over the past five years, the average house has increased in value by more than 30 percent. Are housing prices a bubble that's going to burst like the stock market? But it's possible that we could continue to see house prices continue to go up in value.
Real Estate Market Struggles After 9-11
After the terrorist attacks of 9-11, the real estate market began to struggle. New construction slowed down and to boost the economy, the Fed lowered interest rates. These lower interest rates helped lower mortgage rates but it may not be enough to help the struggling real estate market. Learn about…
Selling Your Home? How To Survive A Buyer's Market
If you're thinking of selling your home before the end of the year, you could be in for a rude awakening. While sellers have controlled the residential real estate market for the past five years, that is no longer the case. Home buyers now have some leverage and sellers are getting nervous.
Buying And Selling In Scary Times
We live in scary times, and the fear factor is starting to have an effect on what up until now had been the strongest part of the economy - the housing market. Interest rates are at their lowest levels in more than 30 years. The first half of the year set new records for home sale activity. But the…
According to a newly-released report, housing prices are going up, as are the numbers of homeowners. The supply of new housing, for purchase and for lease, isn't keeping up with demand. In the past few weeks, many economists have said they can't believe how fast the demand for housing is growing.
Is The Market Finally Slowing Down?
Is it summer, or is the market finally slowing down? The no longer one-sided market has some stark implications from home buyers and sellers. Learn what buyers and sellers should be aware of in a housing market that seems to be losing steam.
Making The Most Of Memorial Day And Other Holidays
Times have really changed. Holiday weekends like Memorial Day, Fourth of July, Labor Day, Thanksgiving, Christmas and Easter were once considered off-limits for home buyers and sellers. It was difficult to find agents who were willing to work on those days, since they were convinced that home buyers…
Buyers Not Comfortable With Higher Counter Offer
A couple places a bid on a new home and the owner counter offers. They now are having second thoughts about the true value of the property. Ilyce gives real estate buyers some tips for buying in a down economy.
Buying A Home In Expensive Real Estate Market
When real estate market prices are high, should you wait to buy a home? It is always a good time to buy a home if you buy one at the right price and on the right terms. A real estate agent can help you navigate home prices when you're buying a home in an expensive real estate market.
Real Estate Market Values Stay High In Some Areas
As you look to buy a home you may notice real estate market forces at work. Real estate market prices may be high in popular metropolitan areas in part because more first time home buyers are entering the market. Learn about what could cause real estate market values to fall, including a loss of…
For Sale By Owner Instead Of Real Estate Agent
When you're ready to sell your home you may debate whether to hire a real estate agent or sell the home yourself in a for sale by owner transaction. For sale by owner transactions require more work on the part of the seller but the seller can save money on the real estate agent commission, which can…
Housing Market Comes With Million Dollar Price Tags
A million dollars just doesn't buy what it used to. While home prices are up across the board in the United States, housing prices in Europe and overseas are skyrocketing. The multi-million dollar housing price tags indicate how quickly wealth has been created around the world in the past decade.
Solving The Affordability Crisis One Home At A Time
Although the economy is stalling, the housing market is storming ahead. A healthy housing market meant homeownership rose last year to an all-time high of more than 67 percent. But millions of families still can't afford to buy homes because demand in the late 1990s pushed up prices in the housing…
