In the hottest markets around the nation, “for sale by owner” signs are popping up in yards as penurious owners try their hands at selling their own homes. It’s another sign of recovery that’s raising echoes of the real estate boom seven years ago. Read More »
Tag Archives: home values
Home Prices Expected to Rise at least 3.3 Percent Annually though 2017
The housing recovery is expected to grow at an annualized rate 0.6 percent through the third quarter of this year, then gain momentum and prices are projected to grow 3.7 percent between the third quarters of 2013 and 2014 until settling down to 3.3 percent annual increases over the next three years according to Fiserv, a financial services technology provider using data from the Federal Housing Finance Agency (FHFA). Read More »
Foreclosure Discounts are All Over the Map
The low prices that make foreclosures attractive to investors also make foreclosures toxic to communities and homeowners. The discount between “normal” priced homes and the prices paid for properties than have been through the foreclosure process can spell the difference between profit and loss to an investor at the same time that they drive real estate values into the ground. Read More »
Real Estate News Turns Positive
For the first time in years, the American public is hearing more good news than bad news about real estate values first time, as many say they are hearing mostly good news (25%) as bad news (24%) about real estate values. Read More »
Appraisers Warn: Bad Neighbors Can be Very Costly
Bad neighbors with annoying pets, unkempt yards, unpleasant odors, loud music, dangerous trees and limbs, or poorly maintained exteriors can cost homeowners big time. Read More »
Affordability Hangs Tough Despite Rising Prices
Despite the greatest price increases in years, affordability has hardly budged from six year peaks and in many of the nation’s most expensive markets, it’s still rising. Read More »
Will Home Warranties Weather the Recovery?
Foreclosures and lengthy days on market bolstered sales of home warranties at the outset of the housing crash four years ago, but now that foreclosures are down and tight inventories are shrinking days on market, are warranties in for tough times? Read More »
For-sale Inventory Only Half of 2006 Level
Only half of many homes in America are listed for sale compared to the height of the housing boom in 2006 while median list prices are about the same as they were a year ago. Read More »
CoreLogic: Prices Rose 7.9 Percent in 2012
December 2012 home prices are expected to rise by 7.9 percent on a year-over-year basis from December 2011 and fall by 0.5 percent on a month-over-month basis from November 2012 reflecting a seasonal winter slowdown, CoreLogic said today. Read More »
Hedge Funds Shrink Foreclosure Discounts
Demand for foreclosures is so great and supplies are so low in some of the nation’s hottest foreclosure markets popular with investors that the price differences between REOs and full-price homes have virtually disappeared. Read More »