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These state pages or hyper-local pages provide content directly related to a specific geographical location.
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How To Find Good Deals As The Buying Market Comes To An End - 10/30/09 06:04 PM
How To Find Good Deals As The Buyers Market Comes To An End At some point in their lives, every home buyer in America has wondered "Is now the best time to buy a home?" In this 3-minute video, NBC's The Today Show does a good job of answering the question. The conclusion? Yes, but not if you're going to overpay. The Buyers Market is ending, we learn, as home prices rise across most of the country. Pockets of opportunity remain, however, and the focused home buyer can still find a "good deal". Some of the video's tips include: On what types (3 comments)
Some days, newspaper headlines are a terrible place to get your real estate news. Today is one of those days. After the September New Home Sales report showed sales volume down from August, the mainstream media jumped on the story: Stocks slide as New Home sales fall But the headlines miss the point, somewhat. Yes, home sales volume is important to housing, but it's not as important as home supply. A deeper look at the New Home Sales data reveals an interesting comparison point: New home sales volume fell 3.6% The number of new homes (1 comments)
For August, the Case-Shiller Index showed annual home values improving across 19 of 20 U.S. markets. It's the first time in 3-plus years that the benchmark housing index has shown such strength. According to a Case-Shiller Index spokesperson, "The rate of annual decline in home price values continues to improve." It's yet another sign that housing may have already bottomed. However, just because the Case-Shiller Index shows a stabilization in home values, that doesn't necessarily make it true. This is because real estate happens on the local level and the Case-Shiller Index is more "national". It tracks data in (1 comments)
The national housing supply fell to a 2-year low last month, according to the National Association of Realtors®. At the current sales pace, existing home inventories would sell out in 7.8 months -- 30 percent faster versus November 2008. For a 10-month window, that's a major housing supply reduction and it helps to explain why multiple-offer situations have been so common lately. Moreover, the same report from NAR showed sales activity reaching its highest point since July 2007, too. If you're looking for evidence that the long-standing Buyers Market is ending, (1 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.