Buying real estate can be as easy or as difficult as you want to make it. Prospective purchasers research to gain knowledge of the local market place anywhere from a quick couple of days to more than two years. Judging from a variety of research conducted on the subject there really isn’t a dependable average.… Continue reading Buying Real Estate Can Be Easy
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2010 Idaho Housing Market
The boost in home sales produced by federal stimulus tax incentives wound down quickly in Idaho, one of the most troubled states in the country in terms of foreclosures. Home prices have been rapidly declining in just about every market in the state, despite its picturesque beauty. However, there are some promising signs for the… Continue reading 2010 Idaho Housing Market
Worst Housing Forecasts in 2011
For a time government stimulus money combined with lower home prices and historically low mortgage rates to drive home sales and prices in some areas of the country higher, but the so-called second leg in the housing market downturn is underway in many regions of the U.S. Led by fourteen states, the worst 25 forecast… Continue reading Worst Housing Forecasts in 2011
National Real Estate Prices Forecast to Deflate Further
Scrambling to find a bottom, the U.S. real estate market is falling further and further in most areas of the country. Home prices nationally will deflate an average of more than 8% in 2008, according to the Housing Predictor forecast. The real estate crisis, triggered by an over supply of new creative financing programs and… Continue reading National Real Estate Prices Forecast to Deflate Further
2011 Connecticut Housing Market
Battling a 20-year low mark in home sales, Connecticut is dealing with the aftermath of the real estate crash with dwindling sales after the federal home buyer tax credit expired. But Fairfield County, home to four of the state’s largest cities is seeing a rebound in sales that could usher in a change in the… Continue reading 2011 Connecticut Housing Market
Hottest 10 Real Estate Buyers Markets
Hottest 10 Buyers Markets Editor’s Note: To see the 2009 Hottest Buyers Markets click on the Hottest 25 Markets menu button to the left.
2011 Idaho Housing Market
Troubled by one of the highest monthly rates of foreclosures in the nation, Idaho’s housing market is battling to find a bottom amid the worst real estate crash in U.S. history. Home sales rose while the federal government was offering a special tax credit to buyers, but then tumbled like an avalanche after the credit… Continue reading 2011 Idaho Housing Market
HAMP Revamps Underwater Refinancing Program
By Kevin Chiu The U.S. government’s giant lenders, Freddie Mac and Fannie Mae have revamped the Home Affordable Modification Program (HAMP) to make it easier for more underwater homeowners to refinance mortgages. The government sponsored enterprises, under the direction of the Federal Housing Finance Agency detailed the changes Tuesday evening. The program is intended to… Continue reading HAMP Revamps Underwater Refinancing Program
Mortgage Flu Hits Real Estate
As home foreclosures increase daily weakening real estate markets a new world flu has struck. The subprime crisis evolved into the national housing crisis only to become the mortgage flu. Some 89 percent of people surveyed by Housing Predictor blame mortgage companies for artificially inflating the housing market by selling too many mortgages to those… Continue reading Mortgage Flu Hits Real Estate