The latest news in the housing market is that existing home sales fell 8.4% from February to March. This is the sharpest drop in home sales in 18 years. So, what does this mean? Obviously, the housing market is at the bottom of the cycle right now. But, that was expected [...]
Do you have what it takes to sell your house in less than 60 days? Do you believe that it can be done? Many people begin to wonder about houses that stay on the market for longer than 90 days. They start assuming that something is wrong with it or the seller [...]
04 Apr
Posted by author as Real Estate
I was reading a post by Free Money Finance and it discussed a question that was posed to him about whether he thinks personal financial bloggers have a bias against real estate as a sound financial investment. I thought this was interesting, because I have seen a mixed bag between personal financial bloggers about [...]
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You saw it coming, I saw it coming, we all saw it coming! The fallout from the real estate frenzy is in full effect. It started with the realization that home prices are halting and “for sale” signs are sitting in the lawn for a longer period of time. Now, those 2/1 [...]
It’s getting to be that time where more people are looking to buy a house and more people are looking to sell their house. My wife and I were looking at houses this weekend, and the question of “how much house can we afford” came up in a conversation.
First, you need to [...]
Real estate agents will tell you that the spring is the best time to list your home for sale. This is because it starts to warm up a little bit, and for some reason, real estate is one people’s minds. So, what are you waitng for? Are you scared to sell your [...]
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I was browsing Free Money Finance and I came across this article that gives his opinion about getting a “no money down” home mortgage. Read that article, because I share the same opinion as free money finance. I just bought my first home 8 months ago, and it was a nerve racking experience. You feel [...]
If you’ve read enough personal finance blogs, then you’ve probably read enough scenarios about giving up your grande mocha-chino in order to save more money. I understand the reasoning for being more conscious about controlling the spending on life’s smaller luxuries. I tend to think in bigger terms when it comes to saving money. There [...]
20 Aug
Posted by author as Random, Real Estate
Now that the housing market is starting to shift back to a buyer’s market and with the rising popularity of 1-year adjustable rate mortgages, you will start to see more people looking to buy pre-foreclosure and foreclosed properties. This is a subject that con-artists and late-night “get rich quick” schemes love to talk about. It [...]
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Is it possible to own a home right out of college? Well, it depends on your situation. It is true that a single young person will have a much harder time owning a home than a young couple with two incomes, but do not be discouraged by that. Homeownership is the American dream, and I [...]