Posts Tagged: "Housing Market"

Flood of foreclosures to hit market

Now that a settlement has been agreed upon by the big five banks, we will be seeing more foreclosures. Although a flood of foreclosures hitting the market has its downsides, it is good for buyers that are looking at bank owned properties hoping to find a “good deal”.

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Short Sell To Avoid Foreclosure

Short Sale is a good option for struggling homeowners that are facing foreclosure. This MSN Real Estate article goes over some of the benefits.

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Prices May Withstand Foreclosures

Another wave of foreclosures is on its way according to this article on AOL Real Estate.

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Housing Market Expectations Up

We have all been anxiously awaiting the rebound of the housing market. Here is a USA Today Money article that predicts a strong selling season this spring.

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Bidding Wars Erupt

Remember those days when you had to act fast and offer more than the listed price, hoping that your offer was better than all the other ones. It is happening again according to this Bloomberg article. If you have been on the fence waiting to see what the market does before buying, I think now is the time to start looking. We are seeing a lot more articles like this one that show the housing market is getting better… even faster than previously predicted.

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Investment Home Sales Up 2011

Now is a good time to look at real estate as a smart investment! According to the National Association of Realtors, Investment and Vacation Home Sales jumped in 2011. We are seeing that this is also true here in our local market. Everything points to the market getting better, I think the only question is how far out is that. If you can pick up an investment property at these great prices and are able to wait until the market has recovered, you will be glad you did. A few years back when we were in a peak market, I can’t tell you how many people I ran into that would say “if I only knew then what I know now…”.

I think the people that are not taking advantage of this market and picking up investment properties will be doing the same thing only a few years from now.

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February Pending Home Sales

The National Association of Realtors released their February Pending Home Sales Index. Although pending sales were down from last month the overall picture shows good market improvement.

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Sales up 8.8% from 2011

Sales are up from a year ago! Check out this article on AGBeat, it has some great information on the current real estate market.

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Home Resales best winter in 5 yrs

Bloomberg Businessweek article shows the housing market is gradually coming back.

Read full article US home re-sales complete best winter in 5 years on Bloomberg

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