My Blog

NAR's Existing Home Sales Report [INFOGRAPHIC]

July 11, 2014 7:39 am

NAR's Existing Home Sales Report | Keeping Current Matters

When Character is More Valuable than Competence

July 10, 2014 7:27 am

When Character is More Valuable than Competence | Keeping Current Matters It was her 80th birthday and as Sue's family gathered around in celebration, she announced a major decision. After years of toying with the idea, she had come to the conclusion that now - yes, now - was the proper time for her to move into a continuing care retirement community (CCRC).

Is Residential Real Estate Really a ‘Crapshoot’?

July 9, 2014 1:18 pm

Is Residential Real Estate Really a 'Crapshoot'? | Keeping Current Matters That is what a headline announced in a CNNMoney post Monday. They were quoting Karl Case “an economist whose name is synonymous with home prices. He is co-creator of the much watched S&P/Case-Shiller home price indexes with Bob Shiller, who won the Nobel Prize in economics last year.” Case did explain that the commonly held belief that housing prices could ‘never’ depreciate was corrected over the last decade. And it is true that Case referenced a home he bought during that time had lost almost half its value.

Thinking of Selling? New Construction Will Soon Be New Competition

July 8, 2014 1:06 pm

Thinking of Selling? | Keeping Current Matters For the last several years, home sellers had to compete with huge inventories of distressed properties (foreclosures and short sales). The great news is that the supply of these properties is falling like a rock in the vast majority of housing markets. Many homeowners are now thinking of selling as the impact of this substantially discounted competition has disappeared.

Moving Up: Was it Worth Waiting?

July 7, 2014 12:54 pm

Moving Up? Do it Now!! | Keeping Current Matters New reports are revealing that the number of months’ inventory of existing homes available for sale is increasing. Some of these sellers are moving up, some are downsizing and others are making a lateral move. There is no way for us to predict the future but we can look at what happened over the last year. Let’s look at buyers that considered moving up last year but decided to wait instead.