homesales
| 4:00PM 2/09/2010
A Thomson Reuters/University of Michigan survey published last week suggests that most homeowners think the worst is over, and don't anticipate further declines in the value of their properties in 2010.
Just 15% of homeowners surveyed in January expected their homes to decline in value over the...
| 10:00AM 1/12/2010
Real estate auctions began cropping up about four years ago, generally in places overbuilt with cookie-cutter homes. Initially, banks were auctioning off foreclosed properties. Then developers joined the bandwagon, trying to move their unsold inventory.
Bargains galore, right? Well, not exactly....
| 2:00PM 12/21/2009
Housing sales up. Housing sales down. Home prices up. Home prices down. Mortgage rates higher. Mortgage rates lower. It's a wonder the entire country isn't suffering from motion sickness by now!
Since the fiscal mess began, we have been "treated" to seemingly non-stop reporting giving us monthly...
| 4:30PM 12/07/2009
This year it's with no small sense of embarrassment that I had to unload a commercial property as a "short sale." I hasten to underscore that I'm by no means a big-time real estate investor, despite how the first line reads.
To make a long story short, for 10 years, I had been renting studio space...
| 3:15PM 11/05/2009
It appears Uncle Sam will keep propping up the still shaky real estate market for months to come. The Senate last night voted to extend the $8,000 first-time home buyers tax credit, and the House followed suit today. The president is expected to soon sign it into law.
But is the bill good for...
| 5:00PM 9/18/2009
Just as "cash for clunkers" boosted auto sales, another federal program introduced this year aimed at first-time home buyers is driving home sales and helping to salvage the nation's beleaguered residential real-estate market. And if you want to get in on the action -- up to $8,000 worth -- you'd...
| 9:00AM 5/31/2009
BusinessWeek looks at 10 markets in California where housing demand has picked up of late, boosting prices off the lows we've seen in the past few months.One of the reasons demand has picked back up is California's $10,000 tax credit for buyers, on top of the $8,000 federal first time buyer credit....
| 11:00AM 5/19/2009
The most popular American dream may still be home ownership but in the past year for many individuals, who now own a second home thanks to a troubled housing market, the dream has transformed into selling their own home. While a simple yard sign from your local hardware store may have done the...
| 12:30PM 8/06/2008
Sure, 77% of U.S. homes have dropped in value during the past year, but not yours, right? Dream on. In fact, your dream is widely shared. Zillow.com's Homeowner Confidence Survey recently found that over six in ten homeowners were convinced their houses have remained stable or increased in value...
| 12:30PM 6/09/2008
News from the slack housing market just gets better and better for that rarest of customer, the buyer with good credit and no home of his/her own to unload. Now realtors are reaching into the car dealer's grab bag to lure visitors to open houses by offering a wide array of gifts.
The swag ranges...