Are First-Time Homebuyers being Priced Out of the Market?
The housing recovery took a lot of people by surprise. After several depressed years, the rebound in new and existing home sales over the last year was quicker than most investors and analysts could...
View ArticleWill Rising Rates Put the Brakes on the Housing Recovery?
Thanks to rising rates your dream home could suddenly cost 10 percent more! That is the effect of 30 year fixed mortgage rates’ rise from the mid 3 percent range in early May to hovering around 4.5...
View ArticleThe Cost of the Government Shutdown
Unless you’ve been living under a rock, you’ve heard about the government shutdown. This week the government shutdown because Congress and the President could not agree on the issues surrounding the...
View ArticleConstruction Employment Still Lagging Despite Housing Growth
The housing market is continuing its slow upward climb, with home values on the rise and the number of homeowners defaulting on their mortgages declining. While the signs are encouraging, the housing...
View ArticleBank Layoffs a Sign of Improving Economy
Recent reports suggest that the job market is steadily improving. But many employees in the banking sector are finding themselves the target of layoffs. Normally, large-scale layoffs suggest a downward...
View ArticleHousing Market Saturated with Older Homes
If you are in the market to buy a home, chances are good that you have faced some level of frustration over the low inventory available for sale. This will be especially true if you are searching for a...
View ArticleThe Cities with the Strongest Housing Recoveries
Between 2007 and 2011, 81 of America’s 100 largest urban housing markets saw prices decline at least 10%, with over half of those markets experiencing a decline of at least 20%. That, in short, is what...
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