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  By Easton L Growing number of Buyers keep piling into the real estate market causing inventory to dry-up.  As a result, buyers are bidding on a short supply of homes, driving prices higher and helping the housing market recover. This growing trend causes U.S. home prices to rise 10.9 percent in March compared with a year [...]

  By Wonda J House prices are on the rise in most parts of the country, however, since we are still seeing great mortgage interest rates and a well-functioning mortgage market, you should enjoy the ‘good old days’ while they last and act when you can. Mortgage rates may rise, and the housing supply will dwindle, which will [...]

  By Easton L Lawrence It’s one of the real estate market natural organic progression if you will. Home prices rise; investors find fewer deals and cut back purchases. In their place, first-time and move-up buyers enter the market. That’s exactly what’s happening right now.  Home prices is on the rise and the number of investors [...]

  By AddMorejuice The latest CoreLogic report says 2012 saw “an impressive recovery.” Its index based on repeat sales had a 7.5% price increase last year.  The largest home price increase since 2006. In 2013, CoreLogic projects home prices to rise 6 percent due to greater affordability fueling steady demand, a lower level of real [...]

  By Tia Law The House and Senate passed H.R. 8, legislation to avert the so-called “fiscal cliff” recently.  President Obama sign the bill into law today Thursday January 3 2013. Here are the key real estate-related provisions of the bill that will save you money. • The very important Mortgage Forgiveness Debt Relief Act extended to [...]

  It’s down to lowest level since 2009. For first-time buyers, median downpayment was 4%; for repeat buyers, it was 13%. The median downpayment sank to its lowest level since 2009, averaging 9 percent for home buyers this year, according to housing data by the National Association of Realtors® (NAR). First-time home buyers’ median downpayment [...]

  According to a National Housing Survey conducted in October by Fannie Mae, more Americans show confidence that home prices will increase over the next 12 months. At the same time, consumers expect an even higher surge in rental prices, suggesting that more renters may be motivated to jump into the real estate market in the coming [...]

  By Easton L The once robust discounts that use to accompany Bank Owned real estate sales is rapidly disappearing.  As demand rises, REO sale prices gets close to “normal.”  In Miami, a foreclosure sells for 2.9% less. The the recent trend is 7.7% nationally. While “foreclosure” remains a buzzword for bargain seekers, a study [...]

  By Easton L Rising home prices and a high inventory of fixer-uppers make flippers’ buy-rehab-sell strategy profitable once again. Buying up homes, rehabbing and reselling them for a profit was big during the housing boom. But when the housing market started to slump, house flippers nearly vanished. As the housing market recovers, house flipping [...]

  It may be a solution in search of a problem, but some buyers’ deaths no longer nix closings if seller opts for coverage. As a Realtor, I know that many things can go wrong in a real estate deal between contract signing and closing, though accidental death of the buyer is very rarely one of [...]