Home Prices

Americans Predict Rents and Home Prices to Increase

April 11, 2012

We report on Fannie Mae’s Quarterly National Housing Survey every ninety days. Fannie Mae also does a monthly survey covering different aspects of the housing market. Here are some record numbers we found interesting in Fannie Mae’s March report (emphasis added). Thirty-three percent of respondents expect home prices to increase over the next 12 months, the [...]

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Real Estate: Sales Increasing. Prices – Not Yet.

April 3, 2012

In yesterday’s blog post, we explained that many experts believe home sales will increase in 2012. Today, we want to make sure that our readers realize that it will still take time for prices to begin to appreciate. Pricing is about supply and demand. Though demand is increasing, there is still a large supply of [...]

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More Affordable To Buy in 98% of Major Metros

March 27, 2012

Last week, Trulia released their Winter 2012 Rent vs. Buy Index. In the index, they report that: “After years of home price declines and tightening rental markets, home ownership is now more affordable than renting in all but two of the 100 largest metros – even in expensive real estate markets such as New York, [...]

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Enough Said!!

March 26, 2012

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REO to Rental Program: Its Impact on the Housing Market

March 14, 2012

There has been much talk about the government selling bulk foreclosures which will be converted into rentals. What will this actually mean to the housing market? For the answer to that question, we go directly to the 2/28/2012 Senate testimony of the person making the decisions on this subject: Edward J. DeMarco, Acting Director of [...]

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Is the Housing Market Actually Recovering?

March 13, 2012

Everyone wants to know if the housing market is truly showing signs of a recovery. There are conflicting headlines every day. One day, we hear sales are up. The next day it is reported that prices are down. Is the real estate market coming back? The answer is ‘yes’ and ‘no’. There are two aspects [...]

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