Housing Market Improving The housing market has improved in the last two years to the extent that John Burns Real Estate Consulting sees the market as possibly approaching the beginning of its next up cycle. Three factors needed for such a transition include demand, supply and investment, as the firm noted in a March 2008… Read More
Home Buyers Could Get More Time For Tax Credit
June 16, 2010 By Leave a Comment
Home buyers could get more time for tax credit First-time home buyers looking to land an $8,000 federal income tax credit may have a little more time to close on their purchases if a Senate amendment unveiled Thursday makes it into law. As it stands now, home buyers must have signed contracts by April 30… Read More
Are We Having A Housing Shortage
June 15, 2010 By Leave a Comment
Is a housing shortage coming? If shrugging off the worst housing crash since the Great Depression, it is not hard enough, you have to brazen for a housing shortage. Just 672,000 new homes were started in April, less than half the long-term run rate needed to meet the nation’s natural population growth. “It is ironic,… Read More
House Prices Up in April Amid Slower REO Growth
May 7, 2010 By 2 Comments
House Prices Up 5.1 Percent in April Amid Slower REO Growth Home prices in April gained 5.1% from last year, while REO levels across the country slowed their climb, according to the real estate data provider Clear Capital. The firm measures home prices on a rolling three-month period. REO took up 29.6% of the market… Read More
Real Estate Investing Survival Of The Fittest
February 24, 2010 By 1 Comment
Fiscal Survival of the Fittest-it’s a lot better to invest in real estate than you ever thought… Survival of the fittest applies to economics as well as biology – in fact, some would argue the concept is better applied to the financial arena than any other area of study. Unfortunately, it’s a fact few Americans… Read More
