Your Home Value Will Rebound

Market_Snapshot

Determine if your Home Value will Rebound By: Sonia Smith Nowadays, values of homes have dropped and it is no big deal to sell a home but is great to but them. Most people are hoping that values of homes will rebound. Nevertheless, no one can tell since trends differ from place to place. Some… Read More

Homeowners Pessimistic About Future Home Value

Homeowners Pessimistic About Future Home Value According to the Zillow Second Quarter Homeowner Confidence Survey, U.S. homeowners were less confident about the value of their homes in the second quarter, with one-third believing home prices had not yet reached a bottom. Homeowners were more pessimistic about the short-term future of home values in their local… Read More

Loose Lending Didn’t Create the Housing Bubble

“Contrary to the assertions of many economists and others, the boom and bust in housing over the last decade was not primarily caused by low interest rates, reduced down payment requirements, or laxer underwriting standards. Yes, after years of bashing the mortgage industry for lax underwriting, bashing the Federal Government for negligently low interest rates… Read More

Pending Home Sales on an Upswing

Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of Realtors®. The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending… Read More

Mortgage Rates Predicted To Go Up

Yesterday, I attended the Windermere Kick-Off breakfast. The highlight for me was listening to real estate economist, Matthew Gardner. This proved to be very valuable since I do a lot of business in the Bonney Lake, Lake Tapps, Buckley, Puyallup, Sumner and surrounding areas and I want to stay current with the real estate market… Read More