In the annual State of the Union address on Tuesday evening, President Barack Obama’s vow to help struggling homeowners refinance their mortgages and improve the housing market offered glimmers of help for the real estate industry.
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In the annual State of the Union address on Tuesday evening, President Barack Obama’s vow to help struggling homeowners refinance their mortgages and improve the housing market offered glimmers of help for the real estate industry.
Read more »
For many households, moms are the key decision-makers for so many purchases affecting the family including breakfast cereals to cell phones plans, even the purchase of a new home. Today’s moms are quickly becoming tech savvy, using smart phones, social media and other tools to research purchases.
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As prices for farmland surge across America's grain belt, experts are predicting that a new real estate bubble may be forming.
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The residential rental market has seen a dramatic increase in the number of families deciding to rent rather than purchase their homes. This trend has also attracted scammers and con artists to commit rental fraud.
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In an independent study measuring the connection between home values and walkability, CEO’s for Cities noted that in a typical market, a one point increase in Walk Score could be worth up to a $3,000 increase in a home’s value.
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As an economist who writes and speaks frequently about our region’s housing market, I’m asked if I could deliver some good news for a change. I often respond with, “Sure: the good news is that the bad news is a lot worse everywhere else!”
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The sudden collapse of the national housing market initially attributed to mortgage financing problems but later stemming from economic recession and rising unemployment has resulted in lower investment expectations, slower turnover of homes, rising defaults and foreclosures and expanded inventories that are difficult to liquidate.
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It’s time for REALTORS® and brokers to decide how they’re going to respond to the industry’s downturn, according to Alexander E. Perriello, president and chief executive officer of Realogy Franchise Group. Realogy is the largest real estate residential and commercial franchisor in the world.
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National and local commentators seem to be filled with welcome optimism regarding the recovery of the economy and its impact on housing markets.
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Tuesday, Feb. 7, 2012
