Monthly Archives: March 2014

Homes Are Still Undervalued

Posted on March 14, 2014 by Cliff

Despite double-digit percentage increases in home prices, homes are still undervalued relative to incomes, according to CoreLogic. “Much of the recent house-price appreciation is a result of market correction for the significant undervaluation caused by the price declines in the … Continue reading →

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Generational Viewpoints Drive Home Buyers

Posted on March 13, 2014 by Cliff

Younger home buyers tend to view their home as a strong investment, more so than older buyers who tend to view their homes as a match to their lifestyle, according to the 2014 NAR Home Buyer and Seller Generational Trends … Continue reading →

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Asian Home Buyers Spend The Most On A Home

Posted on March 12, 2014 by Cliff

Asian Home Buyers Spend The Most Asian home buyers are willing to cough up the most cash for their next home compared to other races and ethnicities, according to a new study by the National Association of Home Builders. Asians … Continue reading →

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The Housing Market Is Still Improving

Posted on March 11, 2014 by Cliff

The housing market has made notable gains in recent months in terms of home prices, foreclosures, and new-home construction, but government officials caution that the economy is not yet back to normal. The records for February takes note of rising … Continue reading →

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Positive Equity For 4 Million Homeowners

Posted on March 10, 2014 by Cliff

Rising home prices Rising home prices helped many home owners welcome the return of positive equity in their homes last year. In 2013, 4 million homes returned to positive equity, bringing the total to 42.7 million, CoreLogic reports in its … Continue reading →

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First Time Home Buyers Shut Out Of Housing Market

Posted on March 7, 2014 by Cliff

First Time Home Buyers Shut Out First time home buyers are particularly being hit hard by rising prices and tougher credit standards — and their decreasing market share proves it. The National Association of REALTORS® reports that first-time home buyers … Continue reading →

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Proper Grammar and Spelling On Real Estate Listings

Posted on March 6, 2014 by Cliff

Proper Grammar and Spelling Buyers are taking note of proper grammar and spelling on real estate listings — and they may just pass on those with bad spelling. About 43 percent of 1,291 people surveyed say they would be less … Continue reading →

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“No Guns” Signs Coming To Real Estate

Posted on March 5, 2014 by Cliff

‘No Guns’ Signs at Showings No Guns signs are considered because of Illinois’ new concealed carry law.  Real estate professionals in the state said to have conversations with home sellers about their thoughts on buyers bringing guns into their homes. … Continue reading →

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Getting Easier To Qualify For FHA Loans

Posted on March 4, 2014 by Cliff

Qualify For FHA Loans First-time and low-income mortgage borrowers may have an easier time qualifying for a FHA loan. Ginnie Mae, a government agency that issues bonds backed by FHA loans, reports that the average credit score on FHA loans … Continue reading →

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When Will A Neighborhood Become Hot?

Posted on March 3, 2014 by Cliff

When will a Neighborhood Be Hot Bargain-hunting home buyers willing to purchase in an up-and-coming neighborhood can get a good deal and, as Trulia’s Michael Corbett says, “get in on the ground floor of appreciation.”                                              Here are five signs that … Continue reading →

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