Monthly Archives: November 2013

Lingering Effects Still From Gov’t Shutdown: Confidence Is Down

Posted on November 13, 2013 by Cliff

Lingering Effects Still From Gov’t Shutdown “Housing market confidence is down in the wake of the recent government shutdown and debt ceiling debate,” says Doug Duncan, chief economist at Fannie Mae. “In October, we saw attitudes toward both the economy … Continue reading →

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Home Sales Volume for 2014

Posted on November 12, 2013 by Cliff

Home Sales Volume Same As 2013 The total dollar volume of home sales will rise modestly next year, but that growth will come from increased home prices, NAR Lawrence Yun told a forum Friday at the  Conference & Expo. Continuing … Continue reading →

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Home Loans With 5% Down Again?

Posted on November 8, 2013 by Cliff

Home Loans With 5% Down A growing number of banks are now offering home loans with just 5 percent down, CNNMoney reports. Bank of America, Wells Fargo, and TD Bank are among the banks reportedly offering mortgages with some down … Continue reading →

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Home Ownership Rate 65.1% in U.S.

Posted on November 7, 2013 by Cliff

Home Ownership Rate 65.1% The home ownership rate remained at 65.1 percent in the third quarter, the Commerce Department reports, holding at its lowest level since 1995, . Some economists are blaming the low rate on first time buyers squeezed … Continue reading →

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Renter Neighbors – Who Likes Them?

Posted on November 6, 2013 by Cliff

Do home owners like renter neighbors? Home owners dislike neighbors who are renters more than any other group living in their neighborhood. Thirty-five percent of respondents say it is most important to them that their neighbors be home owners, and … Continue reading →

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Affordable Housing Drops In Miami

Posted on November 5, 2013 by Cliff

Affordable Housing Drops In Miami Home prices are up 12 percent from a year ago. When combined with higher mortgage rates—up 1% since last spring —it chips away at affordable housing. “Affordability has fallen to a five-year low, as home … Continue reading →

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Purchasing An Aging Home May Save You Money

Posted on November 4, 2013 by Cliff

Purchasing An Aging Home If more than 70 % of the U.S. housing inventory was built prior to 1990, and an aging housing inventory may present more opportunities for buyers searching to save money, according to an Aging Home Analysis.  … Continue reading →

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Fort Lauderdale # 4 Spot in10 City Turnaround List

Posted on November 1, 2013 by Cliff

Fort Lauderdale Fort Lauderdale # 4 Spot in 10 City Turnaround List. The housing recovery’s top three “turnaround towns” in the nation are Detroit; Santa Barbara, Calif.; and Reno, Nev., said Realtor.com in their newest report.                                                    In the past year, … Continue reading →

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