Real Estate Archives

NAR Expects Home Sales to Surge
By: Brian O'Connell
If what they say is true about how the real estate market lags behind other indicators of economic health, then maybe we can finally believe that the U.S. is reliably on a path of economic recovery. The National Association of Realtors’ “pending” home sales measure for October, released this week, shows that the U.S. housing market has already started on a big rebound. Read more»
By and large, laws in all 50 states require that home sellers fully disclose any information about the property, especially negative information. But as always there are loopholes, so what should buyers know to avoid buying a $300,000 lemon? Read more»
NEW YORK (sbup) — Everyone knows what a home foreclosure is, and after three years of bad news in the housing market, most people have also heard of a “short sale.” Read more»
With fewer homes selling and prices falling, a would-be home buyer might well stay on the sidelines for a while. Then what should you do with all that down payment money? Read more»
LAS VEGAS (DQNews) -- Home sales fell sharply in the Las Vegas region last month as the weak economy, concerns about job security and the hangover effect from the home buyer tax credits took their toll on demand. The overall median sale price fell nearly 4% from a year ago to its lowest level in more than 12 years, a real estate information service reported. Read more»
Here’s a milestone you wouldn’t expect in a weak economy with high unemployment: in September, a record share of home purchases were made with cash instead of loans. If you had that kind of cash lying around, is it really smarter to pay cash than get a mortgage? Like all financial matters, it depends. Read more»
Homeowners worried about trading up in an uncertain market can always consider remodeling or expanding to make a home more livable. Unfortunately, the latest data shows the money-losing nature of most home improvements is getting worse because of the poor housing market, not better. Read more»
When it comes time to sell, some homeowners with do-it-yourself inclinations try to pocket more cash by selling on their own and avoiding agent fees. But this strategy takes extra effort in today’s troubled housing market, where jittery buyers may want the hand-holding provided by an agent and homes may sit longer on the market. Read more»
In the long run, owning a home is better than renting. But renting is a good option for people who expect to move in a few years, anyone jittery over today’s depressed housing market, or those who for one reason or another cannot make the home-ownership hurdle. Read more»
One of the side benefits of homeownership is the right to claim various tax deductions, but it turns out that not all homeowners benefit equally. A new study by the National Association of Home Builders concludes that the biggest benefits go to homeowners under 45, though it depends on the type of deduction. Read more»
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