Thursday, February 28, 2013

Wednesday, February 27, 2013

10 Signs We're Not In Another Real Estate Bubble (Part 1)

Over at Yahoo! Finance, the headline for one of the most popular articles screams, "Housing Already Shows Signs of a New Bubble." The exact same sentiment is being shouted from the rooftops at Forbes, too: "Home Builders Could Become Heartbreakers Again."

Find a home in Santa Fe, NM

We're less than one year into a legitimate recovery in prices, and already the pundits can't help but sound the alarm about another possible "bubble"? Give me a break! Forget Rodney Dangerfield, the residential real estate rebound gets "no respect." Don't worry. We're nowhere close to another peak. Nor has the profit potential for housing-related investments suddenly vanished. Here are 10 hard facts to prove it…Read More...

Tuesday, February 26, 2013

Is It Safe to Sell Your House Now?

From the Wall St. Journal

It might finally be time to come out of the basement.
Seven years after the housing market began to collapse, rising prices and thinner inventories are presenting new opportunities for home sellers. 
Some hot markets are even seeing multiple offers for the same property—a phenomenon rarely seen since the boom years—as buyers become more confident and seek to take advantage of today's near-record-low mortgage rates. Read More...

Wednesday, February 13, 2013

The Best Day to List a Home, Expanded

Homeowners, rejoice—Friday really is the best day of the week. In Mansion on Friday, we reported that homes listed on Fridays sold for 99.1% of the seller’s original asking price, the highest percentage of any day of the week. Read More...

Tuesday, February 12, 2013

Home Prices Grow at Fastest Pace in Seven Years

BY JANN SWANSON  Mortgage News Daily

Home prices in the fourth quarter of 2012 showed a rate of annual appreciation greater than in any quarter since the end of 2005 the National Association of Realtors® (NAR) said today.  There were 133 metropolitan areas in which median prices rose during the quarter out of the 152 tracked by NAR.  Prices increase in 120 areas in the third quarter and only 29 one year earlier.  Twenty-nine areas posted price declines in the recent period.  Read More...

Wednesday, February 06, 2013

2012 home sales: Best in 5 years


Steady December home sales capped the best year for the U.S. real estate market in five years, according to an industry trade group report Tuesday.

The National Association of Realtors said that December sales of previously-owned homes came in just slightly below November's sales pace, but up 12.8% from a year ago. That brought full-year sales to 4.65 million, up 9% from 2011 and the best year for home sales since 2007, when there were 5 million homes sold just before the start of the recession. Read More...