Archives April 2012

Apr
23
2012

Inventory of For-Sale Homes Posts Big Drop

The nationwide inventory of residential homes for-sale dropped 21 percent in March compared to a year ago, according to newly released housing data from Realtor.com, tracking 146 metro markets. In fact, all 146 markets posted a drop in their inventory, except for two — Hartford, Conn., and Philadelphia. The nationwide median list price in March […]

Apr
16
2012

Buyer Urgency Improves, More See Now Good Time to Buy

More home buyers may jump off the sidelines this spring as they get more urgent about purchasing a home, fearing that home price and mortgage rate increases are on the horizon. Housing surveys in recent weeks have shown that more Americans are seeing now a great time to purchase a home. In the most recent […]

Apr
10
2012

City vs. Suburb: More Americans Rethink Where to Settle

More Americans are showing a preference for living closer into the city than the outer suburbs, according to newly released U.S. Census data. The annual rate of growth in American cities and surrounding urban areas recently surpassed exurbs for the first time in two decades. Residential exurbs on the edge of metro areas once were […]

Apr
10
2012

New Meaning to ‘Rock-Bottom’ Prices

Despite steady improvements in the housing market recently, ultra-low priced properties can still be found in many markets, and thousands of homes nationwide have properties for-sale at $10,000 or even less, MSNBC.com reports. Prices are so low on some properties that even a 14-year-old girl — with the help of her mother — was recently […]

Apr
5
2012

Investors Purchase Homes by the Thousands

Large investor firms are taking advantage of the deep discounts found in some housing markets, and they’re finding that buying one or two homes is just not enough — they want thousands. The investors are then renting the homes out to tenants, banking on returns from the rental income, which they say is better than […]

Apr
5
2012

This Spring Is True Test to Real Estate Recovery

How the real estate market will fare in the spring home-selling season will prove a test for housing demand and show which markets will lead a housing recovery, economists say in a recent article at USA Today. The spring selling season usually runs March through June. “This spring will be the litmus real estate test […]

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