Archive for 'Buying'

Homes, now cheaper than Ever

25 August 2009

If area is taken into account, the current home prices in the US are at the lowest levels in many years and that goes for all the levels of the spectrum. The realty business has relied on the price/square foot metric to avoid the influencing of house sizes on pricing trends.
The prices per square foot [...]

Expenses Involved in Owning a House

8 October 2008

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A lot of house buyers, especially first time house buyers are quite shocked to find that giving the downpayment is not the only cash out requirement. Other expenses include application fees, background and credit checks on the borrower and prospective house inspection fee. Some banks, [...]

Reverse Mortgage Supplemental Retirement Financing Strategy

13 August 2008

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A reverse mortgage is a loan for senior citizens. It is often used to cover medical expenses, and is becoming a common way for retired persons to supplement their existing monthly retirement income.
This is a loan that senior home owners may take against their current home. You don’t need to pay monthly [...]

House Prices Leveling out – DEEP!

1 April 2008

The idea that the housing market has started to level out is not accepted for there are not enough house sales to signify such. Imagine a home sale rate of 3.0% for January and that gives you a picture of a housing market that may take forever to recover. The Federal Government has said that [...]

House Sales – Where?????

29 March 2008

House sales remain low if not stagnant due to problems in all avenues of the business sector. Inflation brought about by excessive expenditure into the two wars the US is part of, the ailing economy that has already dug deep into their reserves, and many more issues such as with insurance and others continue to [...]

More Jobless – Less Houses

21 March 2008

Market analysts are seeing dip in house sales due to the rising number of people who are loosing their jobs. Industries are being forced to lay-off personnel to maintain their operations and stay through the rut in the economy. Most have the word of their employees of re-employment when things get better. The forecasts are [...]

New Home Sales at Lowest Levels

9 March 2008

New home sales are at their lowest points in 13 years and the economic slowdown has further affected the usually booming new house market. Mortgage lenders are expected to come up with more than 20 billion dollars in funds to cover losses. The effects would be long lasting as analysts expect the shake down market [...]

House Prices hit Rock Bottom

5 March 2008

Many are asking why the hell this happened in the first place, the housing market has suffered most from the sub-prime lending money problems. Existing house sales are up a notch but still not as good as it used to perform. People inflate their house prices when selling due to expected haggling during price negotiations. [...]