Have we hit bottom? Prices are down, sales are down in volume and buyers are scared....the media loves to paint a depressing picture and I am sure that for the next few months or even a year or so we will not see much of a change. You probably know what has caused this, a perfect storm of several years of double digit home appreciation, relaxed lending standards and a buying frenzy spurred by investors, but when will the market turn around?
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In case you missed it, Redfin an online real estate service company was featured on the Today show this morning by NBC.The teaser lines which caught my attention were "everything you are being told by your Realtor may be wrong"!as well as words to the effect that you will be given information i...
A major Title Co in town, Alliance Title co just closed its doors yesterday!From what I read this may have been due to management issues and not just a slower market. Looks like Title Companies are under pressure from a lack of refinance business as well as sales.There have also been layoffs fro...