Jan 8th 2010 10:14AM
For a while, home buyers had it good: Nose-diving prices, tax credits for repeat and first-time buyers extended into 2010, incentives from builders and concessions from sellers. But with many markets bottoming out around the U.S., property virgins and pros alike are bumping up against a growing wave of formidable rivals:... Continue Reading »
Jan 6th 2010 9:21AM
The housing market broke its lucky streak with a depressing report from the National Association of Realtors. The number of people with signed contracts to buy a home was down 16 percent in November compared to October. Sixteen percent! Suddenly the media - ABC News, the New York Times, etc. - is talking about a... Continue Reading »
Jan 5th 2010 10:00AM
Low appraisals are on the rise and they're killing real estate deals right and left. The problem stems from a combination of short sales and foreclosures. Both are contributing to difficulties accurately pricing homes, according to MSNBC. Roughly 40 percent of all home sales last year were foreclosures and short sales,... Continue Reading »
