According to the March 2012 Fannie Mae National Housing Survey, 48 percent of Americans who responded expect rental prices to increase, and the expectation is that prices will rise by 4.1 percent over the next 12 months, the highest number recorded to date and an increase from the 3.5 percent recorded in February. Also, 33 …
Continue reading ‘Americans are more likely to buy, not rent’ »
Buying after relocating may not be best financial move Some homeowners have been waiting for years for a better housing market and a good time to sell. Is it better to wait a few more years and see if you can realize a higher sale price, or sell now and move on with your life? …
Continue reading ‘6 tips for selling in today’s real estate market’ »
The year 2011 is ending on a high note as economists anticipate some signs of recovery ahead. Prices appear to be reaching their trough, visible supply is on the decline, and banks are beginning – just slightly – to loosen lending standards, according to a fourth-quarter report from Capital Economics. However, Capital Economics warns these …
Owning Continues to Become More Affordable Relative to Renting, but Several Obstacles Prevent Many From Biting Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 years and is less expensive than renting in a growing number …
Continue reading ‘Stronger Lure for Prospective Home Buyers’ »