By Christine Hardenberger Gleaming granite countertops, stainless steel appliances, slate tiled bathrooms, and jetted garden tubs. Upgrading your home to sell used to mean sinking big money into high-end kitchen and bathroom renovations. Upgraded kitchens and bathrooms sold homes. Now, renovating your kitchen or bathroom could cost you far more than you’ll ever make back… Continue reading Selling Your Home in Today’s Market
Category: Sales
Five Tips for New Home Buyers
With the first-time home buyer federal income tax credit of $8,000 this just might be the time to consider buying a home. But before you make that decision you may want to consider 5 tips that could help to determine if it’s truly the right time to shop for a home. #1 – Learn about… Continue reading Five Tips for New Home Buyers
News Releases from Housing Predictor
News releases are posted from the newest to the oldest. The news releases posted here are for the use of news organizations, web site owners and bloggers, who want to keep their visitors up to date on the latest Housing Predictor news. They are provided here for you to copy and paste on to your… Continue reading News Releases from Housing Predictor
Best Buyers Market Forecast in 2008
When it looks bad and it looks like things are going to get worse thats the time to pull the trigger and buy real estate to have the highest probability of making top profits investing in real estate. Thats the consensus of veteran real estate investors, who have made fortunes investing. The best buyers market… Continue reading Best Buyers Market Forecast in 2008
How Long Will it Take to See Light at the End of the Tunnel
By Mike Colpitts Editor The question everyone has these days is, “How much more will housing prices fall?” The answer to that question lies in the answer to a bigger question all together: How long will it take world credit markets to become functional? Local housing markets economic strengths weigh heavily on local job conditions… Continue reading How Long Will it Take to See Light at the End of the Tunnel
Housing Market Slowdown May Be Over
Editor’s Note: This is an out of date version. Go to the Home Page for the latest forecasts and housing news. Worst May Be Over in National Housing Market Slowdown The tide is turning and the worst may be over in the national housing market slowdown, according to the latest assessment by Housing Predictor. The… Continue reading Housing Market Slowdown May Be Over
First Time Home Buyers Edge Higher
By Mike Colpitts First time home buyers made up more than one out of three home purchases in July to compose the highest number of buyers in months, according to the National Association of Realtors. The slim hike in first time buyers, however, is still below any sort of normal pace on an historic basis.… Continue reading First Time Home Buyers Edge Higher
Cash Home Sales Slowly Decline
By Mike Colpitts Cash home sales, which hit record highs as bargain hunting investors plunked down greenbacks to reach feverish levels have declined as the inventory of lower priced foreclosures evaporates in many U.S. regions. The drop in cash sales follows a steady decline in bank owned properties, despite government slowdowns determining how many homes… Continue reading Cash Home Sales Slowly Decline
Mortgage Rates Bounce Higher
By Mike Colpitts Mortgage interest rates bounced higher for the third week in a row as the 30-year fixed rate loan jumped to average 3.62%, according to Freddie Mac. The bounce in rates came as a result of higher yields paid to investors for U.S. Treasuries, which may signal a major shift in financial markets.… Continue reading Mortgage Rates Bounce Higher
Foreclosures Sell 32% Under Rest of Market
By Mike Colpitts Foreclosures or bank owned homes sold at an average discount of 32% below similar homes in the same neighborhood during the second quarter of the year, according to RealtyTrac. The price was two percent lower than a year ago. Foreclosure sales accounted for 23% of all U.S. residential sales during the second… Continue reading Foreclosures Sell 32% Under Rest of Market