Posts with tag Lawrence Yun

Home Affordability Likely Hit Record High in 2012

2012 will probably go down as the most affordable year on record for homebuyers, according to the National Association of Realtors. A combination of depressed home prices and rock-bottom interest rates created perfect-storm home buying conditions that Americans may not see again for decades, experts say. NAR's Housing... Continue Reading »

Housing Market On the Rise in 2012, Expert Says

Gradual improvement in the housing market is expected next year, with existing-home sales edging up 4% to 5% and new home sales getting an even bigger boost off this year's record lows, the chief economist of the nation's largest real estate group said Friday. "Tight mortgage credit conditions have been holding back... Continue Reading »

Mortgage Tax Break: What If It Goes Away?

Realtors have gotten used to bad news over the last few years -- but the chatter about eliminating the mortgage tax deduction at last week's National Association of Realtors conference in New Orleans must have rattled them to their bones. Thomas Hoenig of the Federal Reserve Bank of Kansas City made the suggestion during... Continue Reading »

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