economy

Are you looking into selling a home you have inherited? What do you do when a friend or family member passes away and leaves you a home in their will? You may already have a home or not live in the area in which the home is or you may simply just not want the […]

Although home sales and construction levels may be a little flat, next year we expect the housing market to start climbing, which will mean good news for real estate in general. Whether you are looking for a home to buy or you have one to sell, the existing home market, rather than the new home […]

With your home’s value likely higher than a few years ago and interest rates near all-time lows, you may be thinking about taking out a home equity credit line. Average interest rate: roughly 4 to 5%, far less than the roughly 16% charged by many credit cards. But, according to experts I’ve interviewed, there may […]

Homebuyers have a lot to be thankful for this holiday season. Interest rates remain low. The Federal Reserve hasn’t dumped its portfolio of mortgage-backed securities. The U.S. economy has strengthened, jobs are more plentiful, and home prices have stabilized. Add it all up and one clear conclusion is that homebuyers “basically aren’t getting as hosed […]

Experts are divided on whether student debt is affecting the housing market. A recent study by John Burns Real Estate Consulting estimated that heavy college debt will reduce real estate sales by 8 percent for this year. Meanwhile, the Federal Reserve Bank of New York found that, for the first time in at least a decade, […]

After years in the shadows, the historic VA loan program is getting some time in the sun, but it may be short-lived. VA loan volume has surged since the housing crisis. Veterans and military buyers have flocked to the program’s more flexible and forgiving requirements in a time of tight credit. But that momentum may be […]

Buying a home at any time of year can be wrought with difficult questions and choices; you often worry about the price of the homes, the neighborhoods, and the ranking of the schools in the area. But moving during the cold of winter? Horrible. Here are the top 4 reasons you should make a decision […]

Snow birds no more, aging baby boomers are more likely to decide now to stay put in their current homes, instead of downsizing or moving to sunnier locales. Retiring homeowners have played a key role in the real estate market in the US in years past. While the nest may still be empty, a lot […]

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It can be difficult to know when the housing market hits bottom. It’s even hard for experts to agree when one’s occurred and sometimes we don’t know it’s over until prices and sales volume start to rise again. That’s why the best time to buy is when market conditions and indicators suggest a bottom. Since […]