October 27, 2014 8:12 am
If you are thinking about purchasing a home right now, you are surely getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in real estate. Let’s look at whether or not now is actually a good time for you to buy a home.
October 23, 2014 8:44 am
The National Association of Realtors
(NAR) released their Existing Home Sales Report
earlier this week. The report revealed that “sales bounced back in September to their highest annual pace of the year”
. As the chart below shows, after a very slow start at the beginning of the year, residential home sales have been increasing nicely.
October 22, 2014 8:44 am
Billionaire money manager John Paulson was interviewed
at the Delivering Alpha Conference
presented by CNBC
and Institutional Investor.
During his session he boldly stated:
"I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you're the owner-occupier of.”
October 21, 2014 8:44 am
The price of any item (including residential real estate) is determined by ‘supply and demand’. If the supply of an item is larger than the amount of people looking to purchase that item, the price will decrease.