After the terrorist attacks of 9-11 the U.S. economy fell into recession. Which industries were hit the hardest? How did the real estate market do following the terrorist attacks? And what actions did the Federal Reserve take concerning interest rates?
When you're buying a home, just before closing it's a good idea to do a final walk-through. A final walk-through is a quick home inspection where you do a check of all appliances one more time. Doing a final walk-through home inspection can help you spot problems that could prevent a successful closing when you're buying a home.
September 11th drove the real estate market down - both home buying and selling. Real estate agents report that open houses are being canceled and calls about property both by buyers and sellers are down. The terrorist attacks caused the real estate world to come to a near halt.
Over the past five years, housing price valuations have skyrocketed. Is it the amount the bank's appraiser says it's worth? Or, is it the amount on which the tax assessor bases your every-rising real estate property taxes? Or, is it the amount that someone is willing to pay for your home?
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.
The National Association of Realtors released a study that provides demographic information on its members. Real estate agents tend to be female and to own their own homes. Today's real estate agents tend to have more experience than in the past. Learn more about who is a typical real estate agent.
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.
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 were busy celebrating with friends and family. Today, there are few days off in the real estate business.
