Real estate blog entries tagged with is the housing crisis over by Gina LaBarbera (Vanguard Realty, Inc.)

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Home : Blogs : Gina LaBarbera : Gina's Blog : Tag "is the housing crisis over"

is the housing crisis over: Is the Housing Crisis Over? - 05/22/08 03:02 PM

I won't jump the gun and say that all is well but, according to an article in the Wall Street Journal, housing prices have been slowly, if steadily, declining since 2006. The author, Cyril Moulle-Berteaux, notes that in 2005 and 2006, the average home mortgage required 25% of a buyer's monthly income. For first-time buyers, the numbers were more intimidating, with homes often commandeering up to 37% of the household income. Ouch!
Over the past two years, as more people have been unable to purchase or maintain their current homes, housing prices have fallen 10% - 15%, while income is steadily … (1 comments)

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Gina LaBarbera

Jacksonville, FL

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Vanguard Realty, Inc.

Address: 12276 San Jose Blvd Ste 730, Jacksonville, FL, 32223

Cell Phone: (904) 866-1182

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Welcome to my blog. My name is Gina LaBarbera and I am a Florida Realtor with Re/Max Atlantic in Jacksonville Florida. I am a certified e-Pro and Internet marketing specialist. Feel free to browse my website www.snowtosunshine.com which has a wealth of information regarding the current Jacksonville and North East Florida housing market. You can fill out the following form to evaluate exactly how much your home is worth and to see what homes are selling for in your neigborhood. Here is another valuable website www.sunshinestatesales.com.

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