News Sources wrote an interesting post today on
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As real estate agents, we’re constantly asked, “How’s the market doing?” During boom times, like in 2005 and 2006, the answer is easy: “It’s doing great.” For the last couple of years, the answer was equally simple: “It’s lousy.”

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News Sources wrote an interesting post today on
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October 16, 2009 | By Susanne Novak In Finance | The American economy may be in bad shape right now and many people lost their jobs. But there is a silver lining in all this gloom and doom. Home ownership is more affordable than ever. Let’s face it, the prices of homes have dropped, interest rates are at all time lows and the government created new incentives for you to buy your first home.Home ownership always had great benefits. You can deduct your mortgage interest from your taxes, y

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News Sources wrote an interesting post today on
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Published:October 1, 2009Posted in: Real EstateTags:housing indicators, housing recovery, is the housing market in recovery, real estate bottom, real estate market recovery, real estate recovery, signals of a real estate reboundComments [0]Email This PostDigg it!Facebook Photo Credit: Vanguardians.org In housing, things are still rough, but industry conditions are starting to look positive in more and more areas. Mainstream media has found something “nice” to say about real estate for a few mon

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News Sources wrote an interesting post today on
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Robert Shiller did an interview with the Wall Street Journal today. A couple of interesting/disturbing points from his interview: He believes that house prices will stop going up and will essentially move sideways for 5 years. The tax credit and the Fed’s purchase of mortgage backed securities will “unwind” and take the “steam” out of the housing market and cause a slump again. He talks about it like it’s a foregone conclusion that the temporary stimulus will be exactly that, temporary

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News Sources wrote an interesting post today on
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RISMEDIA, October 2, 2009—(MCT)—The housing market is getting a much-needed boost as first-time homebuyers rush to take advantage of an $8,000 federal tax credit that is set to expire Nov. 30, 2009. The incentive is helping to slow the decline in home sales. In August, sales were down 1% over the comparable period last year, the smallest year-over-year decline in any month since late 2007. As Congress considers extending the credit, real-estate agents and home builders worry sales could slum

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