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
Affordable Home Owners Insurance
Home owners insurance policies have sky-rocketed in some states, while others are seeing their policy prices remain close to the same. All this has occurred amid record high profits in the insurance industry. Last year insurance companies netted $68-billion, while insurance policies cover less and cost more. In 2005 insurance companies profited a record $48-billion.… Continue reading Affordable Home Owners Insurance
Mortgage Rates Resume Drop
By Mike Colpitts Mortgage borrowing rates resumed their drop after a month of solid increases, according to Freddie Mac. The fixed 30-year home loan averaged 3.59%, down from a week ago when it was 3.66%. Adjustable rate mortgages also dropped, giving those shopping for mortgages a break. Mortgage rates have seen their highest hike in… Continue reading Mortgage Rates Resume Drop
Sub Prime Loan Damage Limited
Hundreds and perhaps thousands of local real estate markets scattered throughout the U.S. are insulated from the sub-prime loan crisis and as a result are not suffering from fall out of the sub-prime fiasco, according to the latest Housing Predictor study. The sub-prime crisis is revealing itself to pale in comparison to the U.S. Savings… Continue reading Sub Prime Loan Damage Limited
2012 Iowa Housing Market
While most of the U.S. deals with the fallout of the financial crisis and the real estate collapse, Iowa is experiencing some of the most prosperous times in history as farming drives the state to its best run in decades. Farm profits are spiking in the midst of the worst U.S. economy since at least… Continue reading 2012 Iowa Housing Market
Housing Research Center
Housing Research The Housing Research Center is a consumer resource loaded with expert information on buying, selling and investing in real estate with insight on the many facets of being a homeowner. Find the latest news on the evolving foreclosure crisis and what steps you can take to protect your best interests. Plus get general… Continue reading Housing Research Center
Housing Predictor
Contact Us Please fill out the form below and we will contact you as soon as possible. Thanks for your cooperation in providing complete information. Rest assured we will never sell, rent, or share your contact information with anyone else. Please Note: * These Fields are Required. *Name: *E-Mail: *Phone: Comments: This test prevents automated… Continue reading Housing Predictor
2012 Connecticut Housing Market
As an affluent neighbor of New York City, Connecticut is the east coast’s home of Mc Mansions, driven by the need for comfort and the feeling of wealth perhaps more than any other state in the eastern corridor of the U.S. But those high cost homes come with a price, and that price just might… Continue reading 2012 Connecticut Housing Market
Isaac Poses $36 Billion in Storm Damage
By Mike Colpitts As it roars toward the Gulf Coast to make landfall forecast to turn into a hurricane, tropical storm Isaac poses more than $36 billion in financial losses to the Gulf Coast, according to a real estate research firm. An estimated 269,081 homes and other residential properties in just seven major metropolitan areas… Continue reading Isaac Poses $36 Billion in Storm Damage
2012 Hawaii Housing Market
The Hawaii vacation home market is troubled by a double whammy, slower home and condo sales and a drop in the tourist industry in what is likely to be the most critical decline in real estate prices in generations. Home prices are slowly declining in most of Hawaii, once the top destination for vacationers. Maui,… Continue reading 2012 Hawaii Housing Market