In this Issue:* Pending Home Sales Rise 4.5% Home Buyers Wants Have Changed Bernanke: Housing Market Has Hit Bottom Pending Home Sales Rise 4.5% Pending home sales in January were up 4.5 percent month-over-month, and that was above expectations for a rise of 1.9 percent. Pending home sales were up 10.4 percent on a […]
Housing Starts Jump in December
The U.S. Department of Commercer reports construction on new U.S. homes jumped in December to the highest rate in more than four years, with gains across the country, as well as in single-family homes and buildings. In the fresh data signaling a strengthening housing market, starts rose 12.1% in December to a seasonally adjusted annual […]
How Housing Policies Caused the Financial Crisis
Housing policies caused the financial crisis, according to Peter Wallison, a scholar at The American Enterprise Institute. Wallison lays all the blame on Fannie Mae and Freddie Mac, along with government intervention. Questions or comments, use the comment link below. We’d love to hear from you.
Debate on Housing Market Would Be Welcomed
Despite an improving economic picture, the housing market remains a drag on the U.S. economy. The Commerce Department says new home sales fell last month, even as median home prices continued to drop. Debate on the housing market amongst the GOP candidates for President would be welcomed by the National Association of Realtors… Questions or […]
Real Estate News – January 2012
In this Issue:* Is Your Income High Enough For a Mortgage? 10 Tips for Reducing Credit Card Debt in 2012 Housing Market Strengthening (Your comments are welcome at the bottom of our newsletter) Is Your Income High Enough For a Mortgage? One of the biggest problems being faced by both potential buyers and homeowners seeking […]
Some Good Economic News for a Change
Most of the good news relates to the overall economy, but there are glimmers for housing too. The Commerce Department recently reported that new home sales rose 5.7% in September to a 313,000-unit annual pace. This is up from 296,000 in August, and larger than the 300,000-unit number that many economists projected. Data through August […]
Housing Cannot Be Ignored
The housing industry is traditionally the leader out of recession and must be addressed as it is still in a position of weakness. This according to DJ Newswires SVP & Managing Editor Neal Lipschutz in this Wall Street Journal interview… Questions or comments about this video? We’d love to hear from you. Just use the […]
5 Reasons To Buy A Home
Recent events in the housing market have many people questioning if home ownership is still something to aim for. Even as the nation continues to recover from the economic downturn, the benefits of purchasing a home of your own remain as strong as ever. 1. Good Investment Renters receive no return on what they pay […]
Staging Your Home for Sale
While it’s a good time to buy a home, it’s a brutal time to sell. So it may pay to make your home look its best. One way to do that is via staging… Have you ever staged a home for sale, or know of someone who has? We’d love to hear how it went? […]
Housing Numbers Show a Hint of Promise — But Is It Real?
In a surprising twist, some of the best housing numbers in eight months came out recently. We checked with Editor in Chief of AOL Real Estate Laura Goldstein. She cautioned against getting too excited, too quickly. Underlying the numbers might be a seasonal uptick and stalled foreclosures, which tend to suppress prices. We’ll continue to […]
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