Real Estate News

  • 9 Reasons To Buy A House Now

    June 03, 2011

    If you’re planning to buy a house right now, the next few months may be the best time to buy. Waiting for both housing prices and interest rates to fall may not be a good strategy for potential homebuyers since analysts don’t expect any significant declines in these two most important home-buying factors. [Read more]

    Tags: time to buy,
  • New Households Form at Fastest Rate Since ’07 in Resurgent U.S.

    May 01, 2011

    Shelby Webb, 22, rented her first apartment three weeks ago in Chattanooga, Tennessee, after landing a job translating ads for a Spanish-language newspaper. Now, she’s paying monthly bills for electricity, cable television and natural gas for the first time and has bought new pillows from Wal-Mart Stores Inc. (WMT) Millions of young adults like Webb are starting to leave their parents’ homes, creating households at the fastest rate since 2007. They’re helping to provide a so-called shadow supply that may boost U.S. housing starts more than 50 percent by next year and spur consumption at a rate almost double that of the past two years. [Read more]

    Tags: Household rate, market resurgence,
  • Today's Real Estate Market a 'Once-in-a-Generation Opportunity'

    April 21, 2011

    Greg Rand, a 20-year real estate veteran and CEO of OwnAmerica, says now is the time to invest in real estate. Rand compares the current market to the years following the Great Depression when market conditions sparked a boom that sustained 65 years of appreciation in real estate. “This economic crisis, while similar to the Great Depression, is also unique in the way that the housing market played a central role,” Rand said. “It is true that this is a once-in-a-generation crisis. It is also true that this is a once-in-a-generation opportunity. It’s time to focus on the other side of the coin.” [Read more]

    Tags: Real Estate Opportunity,
  • Freddie Mac Market Outlook Predicts an Increase in Home Sales

    April 15, 2011

    Freddie Mac forecasts a 5 percent increase in 2011 home sales over 2010, according to its U.S. Economic and Housing Market Outlook for April. The report also contends that refinancing will likely account for a smaller share of loan applications later this year as wealthy borrowers decrease and mortgage rates increase. [Read more]

    Tags: Increase in Home Sales Predicted,
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