Real Estate News

“Historically low mortgage rates, increased household formations, and a firming labor market will help keep housing on an upward path during the rest of the year” – Robert Dietz, National Association of Home Builders? TOP STORY: Mansionization Pros and Cons It’s hard to express the surprise felt by Joe and Myrna Wiseowner when a wrecking…

Lots of people love their Home Owner Association (HOA). They appreciate the way that a volunteer group of home- owners safeguards the appearance of an entire residential community and, in the view of many owners, protects their property values. The way that an HOA protects home values is to make sure that all owners in…

What may be hotter than August? Our housing market, most likely. This summer has been the most active home sales market in nearly a decade, according to the National Association of Realtors (NAR). The high sales activity predicted for this month is not typical. ln most years, sales taper off gently in late summer from…

Spring is peak home sales season across the nation: Four out of 10 closings occur in April, May and June, according to Freddie Mac. The warming weather lends itself to being out-side. ln snow country, the house and yard are visible again. People are feeling upbeat. “ln spring, people who have been cooped up over…

By most indicators, the American home market is in good shape. Al-though low inventory continues to be a problem in many markets, sales are fairly strong and prices continue to rise. Moreover, the economy is strong: More people are finding jobs, and that means more will be able to afford homes in the foreseeable future….

Many American homeowners are trying to pull off a ticklish task this spring: trying to buy a new home while selling their existing residence. If owners are able to buy a new home before selling the old one, they could find themselves in a tough spot. On the other hand, if owners sell before buying…