Cleveland realtor Michele Anderson offers a tour of three homes in the Cleveland area, from a $319,900 single-family home to a $500,000 condominium to a beautiful $550,000 home in Cleveland Heights.» Read More
As more investors vie for fewer foreclosed properties, prices are going up and great deals are getting scarce. See where the biggest foreclosure discounts are now.
The one thing standing in the way of a more robust housing recovery, is tight credit. Mortgage rates are at near-historic lows, but too many potential home buyers still cannot access these rates due to damaged credit.
Are we better off today than we were four years ago? From the perspective of home prices, the answer is, as always, it depends on where you live.
When you dig down into the numbers you can see where the numbers are not quite as rosy as some would hope for both home buyers and builders.
The Amex and Wal-Mart venture could change what it means for the long-term viability of the prepaid card market’s old guard.
The fact that Hurricane Sandy was downgraded before it made landfall on the East Coast will save homeowners potentially thousands of dollars in home insurance deductibles.
It happened after hurricane Katrina, and the expectation is that Sandy will prove no different. “Demand for self-storage rises considerably as homeowners, contractors, and local suppliers set about preparing for reconstruction,” note analysts David Toti and Gaurav Mehta of Cantor Fitzgerald.
While sales of existing homes are still on a bumpy road to recovery, home prices are seeing steady gains.
We know we're coming off the bottom of the housing crash, but over the summer it felt to some like we were rocketing off the bottom. Now, not so much.
In a sign of a still struggling housing market, signed contracts to buy existing homes were essentially flat in September from August, edging up just 0.3 percent according to a monthly index from Realtors.
A jump in signed contract to buy newly built homes in September brought volumes to the highest level since April of 2010. Is it enough to put a period on the statement that housing is in full recovery? Perhaps, but not an exclamation point.
Renters pay less than homeowners, says a new study, but housing eats up a bigger slice of the spending pie for both groups than 25 years ago.
It’s hard to imagine, given that the nation’s housing market is still digging itself out of an epic foreclosure crisis, that there just are not enough homes available to buy. But, that may be the case.
As single family home building recovers, are investors throwing too much cash at new rental apartments?
After a summer of significant monthly jumps in confidence among the nation’s home builders, fall appears to be bringing in a chill.
Close to 100,000 properties were flipped in the first six months of this year - a 25 percent jump from a year ago. But flipping is not what it used to be.
If you believe in this recovery, you should be looking beyond the builders to the more than 30 sectors that benefit directly from housing.
In another sign that the still shaky housing recovery might be finding its footing, foreclosure filings in some of the hardest hit states of the housing crash have plummeted dramatically, and overall the nation is seeing the lowest level of foreclosure activity since 2007.
“Short term, people who are thinking about moving really need to lock in,” says Craig Strent of Maryland-based Apex Home Loans adding, “when this thing turns, it’s going to be fast."