After a slow start this year, home sales are predicted to play catch up for the remainder of 2014, according to the Freddie Mac U.S. Economic and Housing Market Outlook for July. The report showed mixed data results for the housing recovery as we head into the second half of the year. While sales are predicted to improve, home sales …
Do you want beautiful outdoor areas for your home? With a county garden, you can achieve a really attractive and serene look, while increasing the value of your home. A natural look hardly needing any trim, country gardens feature a bunch of flowers and shrubs that require little maintenance. We talked to some of the experts and here is what …
Mortgage rates are low; home prices are increasing at a slower pace, the job market is strengthening. So many positive indicators, but still there not enough buyers around. The monthly sales figures are much less than last year. Why? Because homes are still unaffordable, especially for an average buyer. The chief economist of a reputed real estate website told the …
It is often said that there is never a perfect time to sell your house. Each season can be marked with different challenges and difficulties that sellers should keep in mind. Families with children tend to look for a home during the summer months, when there is no conflict of missing school or other obligations during a move. On the …
Home prices may be on the rise, but America still has quite a few affordable homes. First time home buyers will want to lay their hands on them, but there is just one problem. These homes are not on the market as yet and will not be for some time. Why? The current owners of these homes have negative equity …
Do you want to place your house on the market this year? Indeed, this is a buyer’s market, and you do have an edge. What plans do you have with regards to pricing? Is higher than the market value what you are going to demand? That is what most sellers are doing right now which has created bidding wars on …
The housing season has begun, and most of the sellers are demanding prices higher than the market value. Is this a great idea? In a way, yes and in a way, no. Sellers may just be able to get the price they want in this manner, but most of the buyers might not be able to get a mortgage if …
Houston is one of the best places to live in America because of its booming job market. Above average salaries and countless opportunities are the two main things that are attracting so many people to this area. The economy has improved and will continue to do so in the time to come. Despite the positive outlook, Houston does have its …
Last month, industrial production increased at rates faster than predicted. This serves as the latest sign that economy is finally beginning to boom this year. What about the housing industry? Can the same be said for it as well? Not right now. The development of new homes has increased, but it has yet to meet market demand. Compared to the …
