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What a glorious day at the Santa Fe Ski Basin!

Six Reasons Housing Inventory Keeps Declining

Home sales in December dropped by 1% from November, the National Association of Realtors reported on Tuesday, but still stood nearly 13% above the levels of one year ago. That means home sales have risen from the year-ago month for 18 straight months. Read More...

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Inventory: Only Challenge to the Real Estate Recovery

by THE KCM CREW on JANUARY 29, 2013 · 0 COMMENTS

The real estate market is in the midst of a major comeback. Sales are greater than any time since 2007. Consumer confidence is increasing. Economists are now saying housing is the major tailwind to our nation’s overall economic recovery.

However, there is one major challenge that could stall the housing market: a lack of inventory. Read More...

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Housing to drive economic growth (finally!)

The bursting of the housing bubble plunged the economy into a recession from which it has yet to fully recover. But economists say this could finally be the year that housing lifts us out of the doldrums.

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Zillow forecasts Case-Shiller House Price index to increase 5.3% Year-over-year for November

On [Tuesday] January 29th, the Case-Shiller Composite Home Price Indices for November will be released.  Read more...

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7 Ways To Improve Your Home's Sell-ability

In this economy, houses aren't selling like they used to. However, there are some ways to improve the chances of selling your house. If you have a house on the market, or are considering it, read on for seven tips that will make it easier to sell your house and make a smooth transition from one owner to the next. (Learn more in Selling Your Home In A Down Market.)  Read more...

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As Housing Market Rebounds, Listing Prices Cut the Other Way

The end of the year typically represents prime time for savvy home buyers who pounce on last-ditch discounting by sellers. But in another sign that 2013 may be brighter for housing, price reductions on for-sale homes are getting harder to find in many markets.  Read More...

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It's Last Call for Mortgages Below 4%

BOSTON (TheStreet) -- Act fast if you want to lock-in today's record-low 3.5% mortgage rates. Market watchers expect sub-4% home loans to go the way of the dinosaur by summer.  Read More...

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Big Idea 2013: Home Prices Set to Skyrocket

Linked-In:
Don’t be surprised if home prices begin to appreciate rapidly. Why?  Read More...

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5 Easy Fixes Before You List Your Home

Thinking of listing your home? Of course, you’ll want to get the best possible price. Before you call a major renovation squad for a TV-style home makeover, try these cheap and easy fixes to increase your home’s appeal. Read More...s

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2012 On Pace to be Record Year for Housing Affordability

From: Mortgage Daily News

Even though home prices have been rising, the National Association of Realtors® (NAR) said today that 2012 appears primed to set a record for housing affordability.  With 11 months of data in, NAR's Housing Affordability Index was at 198.2 in November, down 2.5 index points from October but 1.5 points higher than in November 2011.  Read More...

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U.S. Housing Affordability Index Set to Break Annual Record in 2012

According to the National Association of Realtors (NAR), 2012 will clearly go down as a record year for favorable housing affordability conditions, and a great year for buyers who could get a mortgage.

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NAR's national Housing Affordability Index stood at 198.2 in November, based on the relationship between median home price, median family income and average mortgage interest rate.  The higher the index, the greater the household purchasing power; recordkeeping began in 1970.  Read More...

Good news about real estate: Home equity is growing again

After hitting a low of $6.45 trillion in the final quarter of 2011, Americans' combined home equity jumped 20% during the next nine months to $7.71 trillion.

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WASHINGTON —With all the nail biting over fiscal policy and the economy in the closing weeks of 2012, you might have missed some of the positive trends under way for real estate. Read More...