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Tag Archive
Job growth key to housing recovery
So what should we expect? Much depends on the employment picture and its impact on house prices over the next several months. If job growth returns, prices will continue to stabilize and market demand will improve. »
Housing recovery: Smooth sailing or rocky road?
National and local commentators seem to be filled with welcome optimism regarding the recovery of the economy and its impact on housing markets. »
Podcast: Creating a housing trust fund could boost PA economy
A housing trust fund provides a dedicated source of revenue for the housing market, according to Liz Hersh, executive director of the Housing Alliance of PA. »
Podcast: It’s back to basics for real estate
PAR’s consulting economist Dr. Austin Jaffe says price stability and reduced foreclosures are contributing factors needed to stabilize the economy. »
House expected to vote on Housing Trust Fund next week
PA Association of REALTORS® (PAR) supports the PA Housing Alliance’s effort to establish a housing trust fund. The fund would provide monies to build, rehabilitate and preserve homes for low- to moderate-income individuals and families, senior citizens and persons with disabilities. »
No end in sight for foreclosures
Repossessions by lenders are increasing in all but two states. Federal government efforts such as the Making Homes Affordable program have been slow to work and have led to delays in lender actions, causing further backlogs. »
The challenge of the new renter class
Once thought to be a holding place prior to home ownership, renting these days is making a major comeback. It’s been reported that the rate of U.S. home ownership has fallen from its peak at about 69 percent to around 64 percent in roughly three years. With more foreclosures to come, this rate might... »
Ten rules to live by
At the recent PAR Business Meetings, I was honored to be invited to make a presentation. I offered several observations for the changed real estate market.These rules are really judgments or conclusions about the altered housing market environment. »
Despite the doom and gloom: The real estate market will remain healthy
The housing market is showing signs of recovery but Pennsylvanians may not find homes appreciating as they had been during the boon of the real estate industry. »
Fair housing goes foul
Hank Lerner explains what can happen when you don't appropriately promote fair housing. »
