The nation’s homeowners paid a median of $1,000 in monthly housing costs in 2009, compared with $808 for renters, according to data released yesterday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
H...
The Consumer Confidence Index rose to 63.3 in May (1985=100) compared with 57.7 in April, the Conference Board reported yesterday.
The Present Situation Index increased to 30.2 in May from 28.1 in April, and the Expectations Index improved...
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 upgrade...
The word “as-is” can indeed be one scary phrase. Especially when buying a home in today’s market where foreclosures and short sales that need fix-up work are plentiful.
But a little-known Federal Housing Administration (FHA) loan pro...
Instead of playing the trade-up game, more homeowners are staying in their homes, upgrading kitchens and baths and building additions to accommodate their needs instead of moving into a bigger house, but there are also some early signs of a...
The percentage of households that could afford to buy an entry-level home in California remained at 64 percent in the fourth quarter of 2009, compared with 61 percent (revised) for the same period a year ago, according to a report released ...
If you’re a real estate investor who has avoided deals because of the 90 day resale or flip rule, go find a deal!
Friday, January 15, 2010, the FHA waived the rule, and will finance homes with no requirement for seasoning in a flip start...
The Federal Reserve today announced it will maintain its target for the federal funds rate in the 0 percent to 0.25 percent range, and expects economic conditions to warrant exceptionally low levels of the federal funds rate for an extended...
According to David Crowe, chief economist of the National Association of Home Builders, home builders, mired in their deepest slump since the Great Depression, are likely to see a rebound in sales in 2010 as stabilizing home prices and rec...
As we begin 2010, home buyers have something to look forward to and more importantly, take advantage of—the extended and expanded home buyer tax credit.
“First-time home buyers” who purchase homes between November 7, 2009 and April 3...
