News

  Share In today’s real estate market, it is easy to get confused. There seems to be an overabundance of information and much of it seems to be conflicting. As an example, we offer you two headlines that appeared within 24 hours of each other last week. National Delinquency Rate Falls to Lowest Level in Three Years - Mortgage Bankers Assoc. 11/17/2011 Second Consecutive Increase in Fir... Read More

  There is more and more research coming out showing that it makes great financial sense to purchase a home today . Whether it be rent vs. buy ratios, income-to-price ratios or income-to-mortgage payment ratios, purchasing a home right now is a bargain compared to historic norms. Now we want to look at the COST of a home today compared to pre-peak prices. According to the most recent S&P Case Shiller price index, resident... Read More

  Many sellers want to wait until the spring before putting their home on the market. This might be for any of several reasons: They don’t want to be inconvenienced during the holiday season. They believe that they will see more potential buyers and as a result will get a higher price. In the northern part of the country, they might not want people walking through the snow and then into their house. ... Read More

    U.S. house prices have plunged by nearly a third since 2006, and homeownership rates are falling at the fastest pace since the Great Depression. The good news? Two key measures now suggest it's an excellent time to buy a house, either to live in for the long term or for investment income (but not for a quick flip). First, the nation's ratio of house prices to yearly rents is nearly restored to its prebubb... Read More