Source: LA Times Despite the decline in home prices, 81 percent of U.S. adults believe buying a home is the best long-term investment a person can make, according to a national survey by the Pew Research Center. Home ownership topped the list of long-term financial goals for Americans, according to the study. Respondents rated home [...]
The housing market still looks pretty bleak: There were a record 1 million foreclosures last year, home prices are still falling in many regions, and the number of “underwater” properties is at a record high. And things don’t look much better in other areas of real estate. The number of construction jobs continues to decline, [...]
The inventory of homes for sale has increased in recent months, causing some buyers to hesitate before making an offer on a home for fear a better home at a more favorable price will become available. Although real estate agents are showing more homes to clients, people still are buying homes, especially first-time buyers. According [...]
The inventory of homes for sale has increased in recent months, causing some buyers to hesitate before making an offer on a home for fear a better home at a more favorable price will become available. Although real estate agents are showing more homes to clients, people still are buying homes, especially first-time buyers. According [...]
For many prospective buyers, the thought of going through the home-buying process is often filled with a lot of stress. From finding a qualified real estate agent, to narrowing down your choice of homes and then packing your belongings and moving across town can be an overwhelming process. -Buying a home is one of the [...]
Enough with the doom and gloom about home ownership. Brett Arends explains why owning a home is a good thing. With newspaper headlines declaring that foreclosures are on the rise, short sales are difficult to navigate, and the rate of home ownership is on the decline, some home buyers may no longer see the value [...]
Affordable home prices and historically low interest rates have created an ideal situation for many qualified first-time home buyers to purchase a house. Despite this opportunity, some buyers may be overconfident and make mistakes during the home-buying process. MAKING SENSE OF THE STORY FOR CONSUMERS Some first-time buyers are unaware of the vast amount of [...]
As the housing downturn has shown, homeownership is about more than buying a home – you have to make sure you can keep the home over the long term. If you’re thinking about buying a home, these five steps can help ensure you get the right house for you and the affordable financing that helps [...]
Affordable home prices and low interest rates have created an ideal time for many buyers to purchase homes, and now a new week-long look at homeownership confirms it. The national study, conducted for The Associated Press, shows that the difference between monthly rents and mortgage payments is at its lowest level in nearly 20 years. [...]
A recent study of more than 22,000 homeowners who bought their homes within the last nine years found that current homeowners plan to be “more practical” in their next purchase, focusing on livable space rather than unnecessary upgrades. MAKING SENSE OF THE STORY FOR CONSUMERS Many of the luxury amenities once considered necessities among home [...]
