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Articles about housing market (0-50 of 4751)

  • Times Are All For Tenants Wanting A New Home
    By: Melissa Kellett | - There is a certain niche in the housing market that is specially favored by current times. It corresponds to tenants with a certain income level, who want to buy their new homes. New houses are suffering a low-price record, the lowest in the last five years. If you are one of the tenants in this niche, its your moment of glory.

    The Value Of Property

    Even though it is a well known truth in the real estate market, there are some exceptions to the fact that property do ...

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  • The Downfall To Finding A
    By: Tuscany | - Recently it seems that consumers are so busy trying to out deal their families and friends on a new home purchase that they miss out on real estate"s most traditional and time-proven mantra "location, location, location."

    "Location is a decision based on personal feelings, needs and perceptions," said Debbie Hooge, owner and CEO of Tuscany Homes. "Too many of today"s buyers are so desperate to get a good deal that they end up losing sight of ...

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  • Beware Of Government Solutions For The Economy
    By: Fritz Pfister | - It was another good news bad news week. The good news is that the local real estate market is as hot as it has been in almost two years. Closed home sales are nearly even with 2008 year to date, sales pending are running 21% ahead of last year on this date, prices remain affordable, and there are 15% fewer homes listed for sale than last year on this date. Interest rates remain near historic lows, and the first time home buyer tax credit is in place for a few more weeks.

    The bad n ...

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  • Revise Stimulus Plan For Economic Recovery
    By: Fritz Pfister | - The stimuls bill passed seven months ago contained an $8,000 tax credit limited to first time home buyers. At the time many believed it would have the impact of taking a knife to a gun fight. They were wrong. The tax credit combined with historically low interest rates turned out to be the driving force to stem decline within the housing market.

    What happens when the tax credit expires on December 1? What happens when inflation takes hold and interest rates are hiked?


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  • The Truth Behind The Housing Numbers
    By: Ki Gray | - The recent headlines have trumpeted a rebound in the American housing market. According to the Associated Press, July's 7.2 percent increase in home sales was the biggest month-to-month jump in the last ten years. But before breathing a sigh of relief and checking Zillow for increased home values, it might be a good idea to look at the story behind the new and improved numbers.

    A big chunk of the recent increase is first-time home buyers taking advantage of the tax credit. On ...

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  • Bottom Reached? Recovery Or Stagnation For Housing?
    By: Fritz Pfister | - The Springfield Illinois housing market heated up during the coolest July on record with sales pending up substantially over a year ago. Preliminary sales reports by member brokers of the Capital Area Association of Realtors show July could finish up for the second monthly increase in a row. August closings based on current sales pending could produce a three month run for increased home sales. But where will the market go from here?

    What has caused the increase in sales activity? ...

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  • Proposed Health Care Reform Will Deepen Recession
    By: Fritz Pfister | - As we pass the mid point of July in the Springfield Illinois housing market there continues to be mixed signals. So far in July closed home sales down slightly, sales pending up. The median sale price is up, the average sale price is down. Year to date closed home sales down, sales pending dead even with last year. The median sale price is up, the average sale price is down.

    The number of homes for sale is down significantly, the fewest since 2005. The number of closed home sales ...

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  • Springfield Illinois Housing Market 2009, Changes Underway
    By: Fritz Pfister | - As predicted here in May, June home sales finished up from the previous June. The 390 closed home sales were up 7.43% from 363 in 2008. Listings going under contract (sales pending) increased an anemic 1.88% to 433 from 425 in 2008. The number of homes being listed continued a downward trend with 502 new listings this year down 14.77% from 589 in 2008.

    The first half of 2009 had 6.47% fewer closed home sales with 1647 down from 1761 in 2008. Sales pending were down only 1.2% to 23 ...

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  • Cap And Trade And The Housing Market
    By: Fritz Pfister | - While people were mourning the passing of Farah Fawcett, and Michael Jackson this week a battle raged in congress over the cap and trade bill that could become the largest tax increase on the American people in history. The bill narrowly passed in spite of an overwhelming Democrat majority.

    Why wasn't this bill a slam dunk if it is such good legislation? Why the rush to pass this bill, and why was a 300 page amendment added to the bill at 3am? Why do our representatives rush to pa ...

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  • Stress Busters For Realtors: Ways To Unwind In Today's Tough Market
    By: DB Wilson | - Since the housing boom burst, many realtors around the country are struggling to make ends meet. With houses slow to sell and buyers hesitant to enter the market or unable to acquire funding, realtors have been forced to reassess their ability to stay in the game. While creativity and determination certainly contribute to an agent's long-term success, so does the ability to cope with stress.

    The first thing an overwhelmed agent needs to do is find an outlet for his tension. When j ...

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  • If Treasury Can't Stabilize The Housing Market, Maybe Immigration Can
    By: Jill Black | - After trying to help Americans pay their first mortgages, the Obama administration is now going to tackle second mortgages. This latest effort to address the housing crisis offers incentives to mortgage lenders to lower interest rates of so called "piggyback" loans.

    According to a recent Associated Press article, nearly half of all trouble mortgages have a second mortgage attached to them that enabled the borrowers to make--or even avoid--a down payment. The main problem with th ...

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  • Obama's Housing Plan - Making Homes Affordable
    By: Jill Black | - In a plan that promises to keep seven to nine million borrowers from losing their homes, the Obama administration announced its "Making Home Affordable" initiative. The Treasury Department released detailed guidelines about how it plans to help Americans refinance mortgages that would offer lower monthly payments.

    A statement released by the Treasury Department said, "The present crisis is real, but temporary. As home prices fall, demand for housing will increase, and conditions ...

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  • Despite Dismal Home Sales, Today's Housing Market Presents Opportunity For Buyers
    By: Chris Sandberg | - It is not a really big secret that the United State's housing market is continuing to slide downhill in one of the worst recessions in recent history. According to huduser.org, 2008 data shows up to a 36 percent decline in housing production indicators when compared to the same indicators in 2005-2006, when the market peaked. Most American's are painfully aware of the current housing situation the country finds itself in.

    During the past one year, home sales, particularly new ho ...

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  • Can The Housing Market Be Stablized?
    By: Jill Black | - Imagine the American real estate market has just sustained a level five hurricane and is currently in grave danger of being washed away, leaving behind carnage and debris. The floods waters are rising, but there is hope that help is on the horizon. Is it enough just to pluck the survivors from the rooftops as the water laps at their feet? Or is there a way to actually put the housing market back on dry land?

    Dallas has been fortunate that foreclosures have not overwhelmed the h ...

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  • Which Direction Will The Springfield Illinois Housing Market Go?
    By: Fritz Pfister | - There were encouraging signs for the Springfield housing market the week following Valentines Day. Local Realtors posted 94 sales pending for the best week of the year by far. The burst in activity pushed the sales pending for the year a dozen ahead of the same time frame in 2008.

    The real barometer however is the number of closed sales because not all the sales pending will close. Through February 20, closed sales lagged 25 behind 2008, or down by 8.6%. February of 2008 was one o ...

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  • Housing Market: Past, Present And Future
    By: M Taylor | - It's been well publicised lately that the housing market is on the brink of a crisis - in fact, the crisis has hit the US already. As mortgages become harder to come by and homeowners begin to struggle with rising interest rates and lower demand from buyers, the market is faced with a vicious circle in which prices keep falling, but there are not enough mortgages being offered to increase demand.

    What happened? - a timeline
    The problems can be traced back to the housing m ...

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  • Home Sales Down In Stable Springfield Il. Market
    By: Fritz Pfister | - Member brokers of the Capital Area Association of Realtors MLS report the first significant slowdown in home sales since 1994. Following four consecutive years of home sales exceeding the 4000 plateau, and primed for a cyclical slowdown, the economy forced the issue.

    The year 2008 will be remembered for unprecedented government intervention into the private markets through trillions of dollars in bailout money funded by the tax payers to save Fannie Mae, Freddie Mac, AIG, GM, Chry ...

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  • How To Bet On Falling House Prices
    By: Daniel Jones | - According to the press the US housing market is in freefall and the UK housing market is following it. A market that only moves in one direction clearly offers investors opportunities. But how to trade house prices? One of the easiest ways to gain exposure is through spread betting where some companies now let you speculate on the average UK house price and even the average London house price.

    Economies thrive on confidence and one of the pillars of confidence in the UK is the val ...

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  • Housing And Presidential Candidates Economic Pledges
    By: Fritz Pfister | - Time to get serious about choosing our next president with the election a mere twelve days away. Who are you voting for and why? In my opinion the housing market will be impacted by the plans of who is elected. Based upon their campaign pledges, here is what to expect.

    McCain promises not to raise income taxes on anyone, and has proposed corporate, and capital gains tax cuts that will help struggling companies to keep, and hopefully add jobs. McCain promotes more drilling of domes ...

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  • It's A Buyer's Market In Liberty City
    By: Mike Taylor | - LIBERTY CITY -- Liberty City is one of the United States' largest cities, with approximately 8 million people calling it home. It is the centre of business on the East Coast and is an important port of call. However, this is not stopping the housing market from taking a downturn. Real estate agents agree that, since 1997, Liberty City has become more and more of a buyer's market.

    Agents agree that they don't understand why anyone would not want to live in the colorful city, in the ...

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  • Spread Betting On The Uk Housing Market
    By: Peter Jones | - So why isnt everyone speculating on falling house prices? One reason is that trading UK house prices is not that well known. Also, markets do not always go in one direction, a bear market rally can often catch out the unwary. And, as always with spread betting, this sort of leveraged investment carries a high level of risk to your funds. You can lose more than you initially invest. It may not suit all investors.

    Like the adverts say, only speculate with funds that you can affor ...

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  • As Property Prices Fall, Protect Yourself - Here's How
    By: kelly price | - The economy is in trouble and so to is the housing market as foreclosures continue to rise as values tumble. If you are worried about any real estate you own declining in value, there is now a solution and it comes at an affordable cost.

    If you are worried about further falls in the value of your home, investment property or commercial property holdings then there is an affordable solution to give you peace of mind but first look at the state of the real estate market and why fur ...

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  • Worst Real Estate Markets Forecast
    By: Housing Predictor | - Double-digit deflation dominates the Annual Worst 25 Housing Predictor Market Forecasts for 2008 with more California real estate markets making the list than any other state. California is experiencing the most rapid rate of home deflation with prices falling at unprecedented levels.

    All-time record foreclosures and a weak mortgage market are seeing home values plummet from their record highs. For the second year in a row Miami, Florida leads the list, which may be under going th ...

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  • Recession Investing And The Housing Market
    By: Bill Byrnes | - Why could the U.S. be heading into a recession? The most likely reason is the housing market- a multi-faceted subject. There's the new home building sector.

    It's important because it employs so many people, not just in construction but, by extension, in the industries that supply materials to the homebuilders - lumber, concrete, appliances, and even retailers like Home Depot.

    Think about all the "stuff" that goes into a home and how much you buy when you move. ...

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  • Housing Market Fallout
    By: rateempire | - While some economists, during the early fall of the real estate boom, predicted that the situation will be soon under control, the latest forecast predicts a very uneven and rough road ahead for the housing market. And even a near miss with depression.

    David Shulman, a senior economist for the quarterly University of California, LA, in his "A Near Recession Experience" report, stated from that the nation's economic performance is expected to be "almost as close as you can get to a ...

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  • The Sub Prime Lending Debacle And The Stock Market Downturn
    By: Ed Lathrop | - During the last couple of weeks the Dow Jones industrial average has tanked to the tune of over 1,000 points. Many analysts reason this abrupt market downturn has been caused by a sudden increase in sub prime lending defaults. Can a tight mortgage market shoot down the whole economy, or is this issue being overblown?

    The Real Estate Bubble

    The real estate market has had an enormous run up over the last 14 years. During the last few years, the accelerated increase ...

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  • The Customer's Surplus And The Producer's Surplus. Housing Market And Price Ceilings.
    By: Andrew Schwartz | - In the process of selling there are a lot of factors which attend a good realization. One of them is the surplus as the consumer's as well as producer's one.
    Here is one observation: if the price is high the number of producers is also high. But in this case the quantity of the buyers who want to purchase it is rather low. And the opposite site: when the prices are low, the number of producers is also low, but the quantity of the buyers will be great. Well, we and see that the ...

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  • The Real Estate Market Has Crashed! The Bubble Has Burst! What's Next?
    By: Ed Lathrop | - I was watching a market report station on TV. The headline for the upcoming real estate news segment was, the real estate market has crashed! The bubble has burst! What's next?

    What had these people in such a tizzy? The reporter stated, "housing starts are down, way down. Only a year ago, housing starts were over 1.8 million. Now, the latest number is hovering around 1.4 million and the forecasters are looking for the drop to continue, precipitously for another 11/2 to 2 yea ...

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  • Fluctuations In The Housing Market - Looking For The Right Opportunity To Buy
    By: Grant Eckert | - Striking while the housing market is hot is like a delicate dance for the new homeowner. From one day to the next, it seems like the housing market is changing on you, making what was once a great buy now impossible for your budget. But what can you do? In truth, there is little you can do in order to guess when the best time to buy would be, but there are some steps that you can take in order to make things a bit easier on you and on your home owning plans. You just don't have to wait around fo ...
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  • Washington, Oregon And Idaho Real Estate Markets Make Top 25 Forecast
    By: Mike Colpitts | - Real estate markets in Washington, Oregon and Idaho composing the greater Pacific North-West have made the annual U.S. Housing Predictor Top 25 market forecast.

    Housing Predictor, which is an information driven web site forecasts more than 250 local housing markets in all 50 states, and names the Top 25 markets annually in January, updating the list as local market conditions demand. The Top 25 markets have the highest probability of appreciation of all U.S. markets forecast.
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  • Boom Or Bust? What's Really Going On In The Housing Market?
    By: Bob Freeman | - The market's never been hotter .... New home construction at an all-time low .... Highest foreclosure rates since the Great Depression announced in April ... Low interest rates entice new buyers into the housing market .... If you've been paying attention to the real estate news, you're bound to be wondering what's going on? Is the market hot, or is it quickly spiraling downward? Are home prices on the rise? Or is the balloon about to bust? If there's one word that can describe today's cha ...
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  • Housing Predictor Reports U.s. Real Estate Turn Around
    By: Mike Colpitts | - More than half of the nation's housing markets are appreciating or have at least stabilized, according to the latest national assessment conducted by Housing Predictor, an independent information driven web site, which forecasts housing markets in more than 250 markets in all 50 U.S. states.

    Some 56% of the nation's markets are appreciating or have stabilized. Improving markets are scattered from the east coast to the south and include the Pacific north-west. Most are experiencing ...

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  • New Orleans Falls In Top 25 Real Estate Markets Forecast
    By: Mike Colpitts | - New Orleans, Louisiana, which had ranked as the Top appreciating housing market in the Housing Predictor Top 25 Markets Forecast for 2007 has fallen to fourth position, despite healthy projected appreciation for the year.

    The housing market in Albuquerque, New Mexico is appreciating at a higher level causing the change in the Top 25 Markets forecast. Eight local Texas markets, including Houston, which was in second position are on the list.

    The home market, however, ...

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  • Home Equity Debt Consolidation In A Crashing Housing Market
    By: Mark Shead | - One of the most common ways to consolidate debt is to take out a home equity loan. The idea is that by leveraging the existing equity in your house, you'll be able to lower your monthly payment on other types of loans and save money on the interest.

    While borrowing against your house is one of the cheapest ways to borrow money, it is still a risky proposition.

    Most people are use to the prices of houses increasing. Over the long term a house will appreciate in val ...

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  • Hottest 10 Buyers Real Estate Markets In 2007
    By: Mike Colpitts | - There are still hotly appreciating real estate markets in the U.S., according to a nationwide survey conducted by Housing Predictor.com, which forecasts housing markets futures in more than 250 local housing markets in all 50 U.S. states.

    Driven by booming local economies and unprecedented growth, the Hottest 10 Buyers Markets in the U.S. are mainly located in the southern half of the nation. Five of the Hottest 10 Markets in 2007 are located in Texas.

    The Top spot, ...

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  • Ten Hottest Buyers Markets To Be Announced By Housing Predictor
    By: Mike Colpitts | - Housing Predictor, which forecasts housing market futures in all 50 U.S. states, will announce it's 10 Hottest Buyers Real Estate Markets in 2007 for investing in homes, condos and townhouses.

    Housing Predictor is an independent web site that forecasts housing markets in more than 250 local housing markets throughout the U.S.

    The increase in foreclosures, the crisis in the sub prime lending market and increasing troubles in the conventional mortgage markets, where ...

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  • Housing Predictor Goes Interactive
    By: Mike Colpitts | - Housing Predictor, which provides housing market forecasts in more than 250 communities in all 50 U.S. states is going interactive. The web site is adding a polling center, where visitors can become part of the community anonymously and provide their opinions on some of the nation's most important economic issues.

    Leaders from Washington D.C. to state and local levels are regularly visiting the site to check on housing market forecasts and gauge the public opinion and sentiment o ...

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  • Worst 25 U.s. Housing Market Forecast Hits 13 States
    By: Mike Colpitts | - The Worst 25 U.S. housing markets in 2007 in the Housing Predictor forecast represent markets in thirteen states, which shows housing prices in much of the nation are still declining, despite local markets in another 13 states that are appreciating.

    Miami, Florida was selected as the #1 worst housing market in the nation, mainly because of a market that had seen high-flying double digit appreciation pushed by the over building of new condominiums causing Miami to spiral downward, ...

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  • Better Times Forecast For Real Estate
    By: Mike Colpitts | - Nearly half of all 50 U.S. states local housing markets will at least be on the road to recovery by the end of the third quarter of 2007, according to Housing Predictor, an information driven web site, which provides independent local housing market forecasts in all 50 states.

    Markets in 13 states, most of which are located in the southern half of the nation are already stabilized and are experiencing market appreciation in home values. The states include Georgia, Alabama, Missis ...

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  • The Worst 25 Housing Markets To Be Named
    By: Mike Colpitts | - The Worst 25 Housing Markets to be named in Housing Predictor's 2007 list will represent some of the best opportunities available in years to purchase property in the U.S. at bargain prices.

    Veteran real estate investors search near endlessly for markets that are declining to capitalize on to make their purchases at low prices only to wait out the markets return to good times to sell at higher prices and pocket the profits.

    With an all-time record high inventory of ...

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  • How Housing Predictor Broke The Mold
    By: Mike Colpitts | - It was a chilly winter day in late 2004 when the idea of Housing Predictor suddenly struck like a lightning bolt. I'd been thinking about developing a website to provide information on the housing market that had not been offered, not just another place on the web to search for homes for sale.

    At this point I had developed more than 20 web sites, almost all of which were real estate oriented. Like a lot of people I wondered how long this feverish pitch in the real estate market c ...

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  • The Housing Bubble Is About To Burst
    By: Ed Lathrop | - The latest numbers are now in and, guess what? The housing market continues to slow. Housing prices are once again down and housing starts have come to a halt. Is this the start of the housing market bubble burst we've all heard so much about? My answer: You bet!

    Now, that Democrats have something to do with it, you bet the recent Bush tax cuts will be repealed. You bet the investors will come under assault. You bet this will cause interest rates to rise and you bet the housing bu ...

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  • Credit Cards, Bill Gates, The Housing Market, & Saving Money
    By: Paul Jerome | - Copyright 2006 Paul Jerome

    I've noticed a few things lately. Revolving debt is approaching a trillion dollars and there are quite a few homes for sale. Today I'll offer some insight into credit cards, Bill Gates, the housing market and saving money.

    The Federal Reserve Board statistics pegged revolving debt at an astounding $816 billion at the end of last quarter. Bill Gates fortune was $50 billion in Forbes 2006 survey. Considering Bill Gates philanthropy and t ...

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