Even with falling Dayton housing costs, a study from the Center for Housing Policy found that affordability is still becoming increasingly out of reach for many would-be Dayton homeowners and renters. According to the 2012 Housing Landscape report released by the Center, the share of working households paying more than half their income for housing […]
President Obama has now presented his 2013 fiscal year budget and while many believe Congress will not support the proposed cuts and added spending, the National Association of Realtors (NAR) is focusing on the mortgage interest deduction (MID). NAR notes that “As in previous years, the budget would reduce the value of itemized deductions to […]
Ben Bernanke presided over his first meeting as Federal Reserve chairman in March 2006 believing the nation’s economy could pull off a “soft landing” from falling home prices… Questions or comments? Click the comment link below and sound off. We’d love to hear from you.
U.S. home builder sentiment rose in February to the highest level in nearly five years, a clear sign of improvement for an industry trying to climb out of a deep slump. The National Association of Home Builders says its housing market index grew to 29 from 25 in January. The increase was the fifth in […]
Ever wonder how non-distressed luxury real estate is selling in this down economy? They’re going to auction — and selling. Here’s how…
Here are a few suggestions to help you improve your home’s value when you’re thinking of selling, and save money while you’re doing it. Change out light bulbs in your home. Lighting makes a huge difference. If there is more light in your home, it appears to be bigger. Lighting can make a huge difference […]
Despite an improving economic picture, the housing market remains a drag on the U.S. economy. The Commerce Department says new home sales fell last month, even as median home prices continued to drop. Debate on the housing market amongst the GOP candidates for President would be welcomed by the National Association of Realtors… Questions or […]
Year-end data from CoreLogic shows home prices fell by 4.7 percent over 2011. It marks the fifth consecutive year the company has recorded an annual decline in residential property values. CoreLogic performed a separate calculation, which illustrates just how big an impact distressed sales are having on home prices. The company excluded all short sale […]
Jim Cramer of “TheStreet.com” explains why he thinks housing is finally making a turn for the better… Do you think housing is finally starting to make a turn for the better? We’d love to hear your comments. Click the comment link below and sound off.
The long-awaited housing recovery is beginning to blossom, according to industry experts taking a look at recent existing-home sales. Paul Dales, chief economist at Capital Economics, says “it is clear that a housing recovery is now well underway.” Lawrence Yun, chief economist for the National Association of Realtors (NAR), concurs with Dales’ assessment, saying “The […]