December 5, 2014 10:21 am
December 4, 2014 10:21 am
There are some who are calling for a substantial drop in home prices should mortgage interest rates begin to rise rapidly. Intuitively that makes sense. The cost of a home is determined by the price of the home and the price of financing that home. If mortgage interest rates increase, less people will be able to buy. The logic says prices will fall if demand decreases.
December 3, 2014 10:21 am
As we finish 2014, it appears the real estate market is once again on solid footing and ready to advance forward over the next few years. The strength of the market can be viewed using two metrics: projected home values and projected house sales.
December 2, 2014 10:32 am
The National Association of Realtors
’ most recent Existing Home Sales Report
revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure.
December 1, 2014 10:44 am
“Broad-based Slowdown for Home Prices”
That is a headline you might have seen over the past weekend. And though it is true, we must understand the story behind the headline. Case Shiller
reports on the year-over-year difference in home values. Their latest report
revealed that the rate of appreciation has slowed – not that prices are falling!!