A review of the nationwide housing market indicates that, for the most part, the majority of areas in the United States are seeing a recovery for residential real estate. It is important to keep in mind that ALL real estate is “local” and there are areas of the country where recovery has yet to take hold. According to Steve Berkowitz, chief executive officer for Realtor.com, … Keep reading... about Broad Based Housing Recovery
Real Estate News & Information
Low-Ball Offers Do Not Work Anymore
In a market where the number of available homes and, consequently, the number of sellers, exceeds the number of buyers, no offer can be ignored. However, in the today's rebounding housing market, making low-ball offers just does not work. In many cases, buyers who make a low offer do not even receive a counter-offer from the seller and may miss out on the property altogether as … Keep reading... about Low-Ball Offers Do Not Work Anymore
Florida Housing Market Review: March 2012
While we cannot classify the Florida housing market as "booming," there have certainly been positive indications that things are headed in the right direction. January and February proved to be good months for the Florida housing market and the month of March contributed to a continued, positive trend. According to the Florida Realtors® latest housing data, "Florida’s housing … Keep reading... about Florida Housing Market Review: March 2012
Florida Housing Market Continues on Positive Track
The month of February demonstrated continued, positive trends for the Florida housing market. As the median price and pending sales rose, the inventory of homes dropped in the state of Florida. While existing home sales slipped in the month of February, the number of sales is significantly higher than a year ago. According to Florida Realtors President, Summer Greene, “growing … Keep reading... about Florida Housing Market Continues on Positive Track
Banks Loosen Credit; Housing Crisis Over in 2012?
Real estate owners all around the United States have felt the impact of the current housing crisis and economic recession. As property values have dropped, many home (and condo) owners have been engulfed by a sense of panic and have become uncertain as to whether they should ride out the "economic storm" or simply try and sell their property at a lower value in this buyer's … Keep reading... about Banks Loosen Credit; Housing Crisis Over in 2012?