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It’s a Buyers’ Market, but Does That Mean It’s The Right Time to Buy?
13 hours ago ago from Real Estate Power Investor Blog
Many potential home buyers are questioning if this is the right time to step back into the housing market. The housing market has been one of the hardest hit sectors of the economy. Pundits are divided as to whether or not this is a good time to buy a home. It may take years for the economy and the housing market to fully recover. Calling the bottom of the market is not possible until values have stabilized and are on the increase across ...
Related content5 Reasons to buy a home now.
12 hours ago ago from View From The Foothills Auburn, CA Real Estate Blog
If you wait until you see the robin, spring is over. Warren Buffet You may be sitting on the sidelines waiting for the right time to buy a home. Here are some reasons you shouldn't wait. Interest Rates . Today's record low rates are under 5% for most loan types, with jumbo loans and those for investment properties slightly higher. We haven't seen rates this low since Freddie Mac started tracking them in 1971. The federal government has ...
Related contentHome Sales are better than last year – Yippee!
11 hours ago ago from The "Open Mike" Blog
Home sales are better than a year-ago – yippee! And prices continued to show signs of stabilizing, mainly due to the activity of move-up buyers. Compared to last November, home sales jumped more than 31 percent. The strength of the first-time buyer market is no surprise. What the big guys didn’t expect though was the surge of the” move-up market. Sales of single family homes and condominiums for November were better than last year ...
Related contentIt’s a Buyers’ Market, but is this a Good Time to Buy A Home?
13 hours ago ago from Real Estate
Many potential home buyers are wondering whether or not this is the right time to step back into the housing market. Experts seem to be quite divided on this topic, as the real estate market has been one of the hardest hit sectors of the economy. It may take years for the economy and the housing market to fully recover. Calling the bottom of the market is not possible until values have stabilized and are on the increase across the ...
Related contentReality Check - A Year in Review and 2010 Real Estate Forecast
12 hours ago ago from Lively Estate
After enduring three years of a declining real estate market, 2009 brought a much needed break for the hard hit real estate sector. Driven largely in part by the economic stimulus that helped the housing market emerge from the recession, it leaves many of us wondering what is next for real estate. Will housing prices rebound? Will the new extended and expanded tax credit be just what the doctor ordered? Will the luxury market recover ...
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Zillow: Sarasota home buyers have great negotiating power
6 hours ago ago from Media General - TBO.com
Home buyers in Sarasota have some of the best negotiating power of any buyers in the country, according to Zillow.com , an online real estate service. On average, buyers were able to take 7.6 percent off the asking price in October. For a home priced at $235,000, that's a savings of $19,380. Zillow reports that in Tampa, the figure is 5.7 percent, or $10,100. Nationally, that number is just 2.7 percent, or about $5,741. "Word is out that ...
Related contentForeclosure plague slowing: Filings fall 8%
17 hours ago ago from CNN Money
The average home price is forecast to plummet over the next two years. But these 7 cities are predicted to post gains. These 7 new homeowners stepped up their house-hunting to take advantage of the first-time buyer tax credit. The national median home price fell 11.4% during the third quarter of 2009. Check how prices fared in your hometown.. More Mortgage Rates ...
Related contentLocal Market Monitor Announces Release of Fourth Quarter Home Price Forecast for Largest US Markets
13 hours ago ago from PopEater
CARY, N.C., Dec. 10 /PRNewswire/ -- Local Market Monitor, the premier real estate forecasting solution, today released its fourth quarter Home Price Forecast, which predicts local market behavior for well over 300 US local markets over the next 12 months. The forecast identifies markets where home prices will continue to drop as well as stable markets with opportunities for growth. According to the forecast, among the largest US markets -- ...
Related contentData Raise Fears of China Property Bubble
17 hours ago ago from Wall Street Journal
SHANGHAI -- China's urban property prices grew at their fastest pace in 16 months in November, increasing concerns a market bubble may be forming and underscoring the challenge Beijing faces in sustaining the country's economic recovery while avoiding excess. As part of the balancing act, Beijing Wednesday scaled back some of the stimulus it introduced last year and early this year to support the real-estate market during the financial ...
Related contentICIS Pricing Launches Price Assessments for the European Polyethylene (PE) Pipe Grade Market
23 hours ago ago from PopEater
SINGAPORE , December 10 /PRNewswire/ -- ICIS pricing, the world's trusted price reporting service for the global chemical industry has launched a new weekly price report for Europe polyethylene (PE) pipe grade resins. With strong support from the market, an independent price assessment comes at a time of increasing demand for pipe use in construction and new capacity coming on line globally. The Europe polyethylene (PE) pipe grade report ...
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