Residential, US Real Estate

The Curse of Stigmatized Homes

By Mike Wheatley | March 21, 2011
On the face of it, it looks like the dream home for any successful, middle-class couple – four bedrooms, incredibly spacious with new carpets and hardwood flooring upstairs. Moreover, it’s situated in a great part of Poway district in California, much sought after location with several great schools nearby. All this could be yours for just $399,000. So why won’t it sell?
Residential, US Real Estate

Five Solid Reasons to Buy Now

By Mike Wheatley | March 18, 2011
With market conditions the way they are, now is the best time to buy. While many people might advise that you wait until the market bottoms out, that’s bad advice. Residential housing prices are super-low right now, interest rates too, and the chances of seeing this combination again in the next few years are very small.
Residential, US Real Estate

North Texas Sales Down - But Jobs Up

By Phil Butler | March 8, 2011
Bad news from Texas tells of the ninth consecutive monthly decline in North Texas single family home sales. Although prices have been up, the number of sales has been down by over 17 percent from last year's total. Across the 29 county span of northern Texas, the industry continues to dive into a slump with no end in sight.
Featured News, Residential

The Home Investment Dichotomy

By Joe Spake | March 4, 2011
We have been hammered with news stories over the past couple of years about the part of the American Dream that has to do with home ownership. Is home ownership still an aspiration, or is it just looked upon as another bad investment? Constant hype by the real estate industry, over decades, that homes are good INVESTMENTS, brought exhilaration in the real estate market as the investment factor drove it right up to the precipice, and malaise as the market tumbled down.
Residential, US Real Estate

Realty Trac: Foreclosures Decreased in 2010

By Tavis J. Hampton | February 25, 2011
Realty Trac, a website that serves as an open online marketplace for foreclosure purchases, announced its fourth quarter foreclosure sales report for 2010, revealing that the number of foreclosures actually decreased in 2010 but still accounted for 26 percent of all residential sales. In 2009, the percentage was 29.
Residential, US Real Estate

Pending Home Sales SOAR in D.C. Up 31%

By Ryan Cox | February 11, 2011
MRIS data showed that the Washington region posted its highest monthly and yearly increase in pending sales in more than a decade, with 3,198 purchase contracts signed in January. Was this just luck? Or, is someone in DC actually working for their dinner?
Coaching, Residential

Foreclosure Purchases Not Easy for Most Buyers

By Joe Spake | February 9, 2011
With over a million homes foreclosed in 2010, and the news reports of decreasing values and the deals to be made on foreclosed properties, why wouldn't any owner-occupant home buyer want to get the best possible value? These and other questions are justifiable when so much confusion and doubt rules any market.

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