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Tag Archive
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
What can happen when you don't appropriately promote fair housing. »
Sales of new and existing homes up nationwide
"House Prices Rise Across U.S." That was the headline in the Wall Street Journal (July 29, 2009) following the release of the latest S&P/Case-Shiller House Price Indices. This month’s data certainly looks different. »
The world according to Shiller: Hedging on real estate
Bob Shiller is on a roll. He predicted the bursting of the dot.com bubble and in 2003, long before it was common knowledge, warned of the impending housing collapse. Katie Benner of Fortune Magazine recently wrote about Professor Shiller, reminding readers that Bob Shiller “didn’t kill the housing market, he just predicted its demise.” »
