The housing market is stronger today than at any point since the
Great Recession and has made progress in several key areas after hitting
bottom in 2009, Freddie Mac reports in a blog post looking at the state
of the housing market heading into spring.
Home sales are up 13 percent since their low point, Freddie Mac
reports. Frank Notaft, Freddie Mac’s chief economist, predicts that home
Cypress, Texas is Growing Rapidly! New Home builders are building as fast as the lots are being developed.Cypress is located just 20 miles outside of Houston, Texas. New Home Communities are growing at a remarkable speed. Cypress is now a short commute to Katy all the way to Sugar Land on the NEW Grand Parkway. Cypress offers many Master Planned Communities as ...
Home owners spend an average of about 1.4 percent of their home’s
value (or around $2,800) on annual property taxes. But in some areas,
that number is much higher.
Home owners in New York, New Jersey, and Colorado, pay more than five
times the national average, according to a new study of the average
real estate taxes paid on single-family housing in 2012, conducted by
Zillow. The study...
Mortgage rates and home prices are on the rise, and some home buyers
who were waiting around for the housing market to reach bottom are
realizing now they may have missed the boat.
Mortgage rates are inching up and "It's unlikely that rates will ever be that low again," says Doug Duncan, Fannie Mae's chief economist.
The Fed had been keeping interest rates at record lows by ...
While there are many ways to approach hunting for a home to buy, it is essential to follow some basic steps to make sure you get the most of your house hunt:
◾Be clear about your objectives. This seems obvious, but becomes slightly meddled when a couple or family is looking for a home. Do the necessary communication before heading to look at homes so that everyone involved in the decision is clea...
Access to mortgage credit is at its highest level in at least three
years, and credit standards are expected to loosen even more this year,
according to a newly-released index by the Mortgage Bankers Association.
MBA’s index, which tracks mortgage credit availability, shows that in
March the gauge rose to 114 – the highest reading in the gauge’s
“I don’t think there’s...
Home owners trump renters when it comes to finding someone to date, according to a new survey of 1,000 single people. More than a third of women and 18 percent of men would rather date a home owner than a renter, according to the survey, which was conducted on behalf of Trulia.
On the other hand, only 2 percent of women said they’d prefer to date a renter, while 3 percent of men said they’d prefe...
First-time home buyers in 2014 are faced with a question that hasn’t changed for generations: is it more practical to buy right now, or to continue to rent?Over the past few years, buying has been the easy choice. Nationally, in 2013 it cost 35% less to own a home than to rent according to that year’s study by real estate website Trulia. That despite rising house prices and mortgage rates. But tha...
Wow, feel that sting? Its not the scorching sun but the Houston housing market and it is on FIRE! Have you been thinking about selling but were not sure when the best time would be? Well, the time it NOW! My last listing was on the market for 6 days when it sold! 6! And the house my sellers bought was only on the m...
Home sales and prices are on the move in many markets.CNNMoney.com highlighted several keys to getting a home sold rapidly in today's real estate market. 1. Study the area trends to find the right asking price. 'The first 30 days on the market are the most important," says Elizabeth Kamar, a real estate professional in Norwalk, Conn. That crucial time is when the home gets the ...
temperatures rise across the United States with the onset of spring, the
nation's economic data show green shoots of growth following a harsh
winter. Retailers posted strong March numbers, while the Federal Reserve
found signs of broadening economic expansion.
Retail sales have largest gain in 18 months
Following an especially harsh winter for much of the country, retail
Home sales are “stuck” this spring due to the limited number of homes
available to buy as the supply of homes for sale is still below year-ago levels.
For-sale inventories are most constrained on the low-end of the
housing market, where investors had moved in floods to purchase
distressed homes and hold them as single-family rentals, housing experts
note. Some home owners are still h...
Margin loans for short-term financing can help potential home buyers get cash fast to close a deal or win a bidding war — and an increasing number of people are turning to them for a quick fix. "A person with easy access to cash may have a leg up over someone who has to have long-term financing," explains Tucker Watkins, a private wealth adviser with wealth-management company Ameriprise Finan...
While housing booms may be uneven in many parts of the country, more buyers are placing an emphasis on green -- with some studies showing that green homes can sell for higher dollar than non-green homes.
In Portland, Ore., an analysis from the Earth Advantage Institute found that green-certified new homes sold, on average, for 8 percent more than non-certified green homes--and in one of t...