real estate: Lack of Supply Thought to Cause Drop in Pending Home Sales
- 04/12/13 04:49 AM
Supply and demand are two basic economic factors that determine the market worth of just about any product or service. When it comes to real estate, supply and demand can affect the value and price of a home, but it can also have major implications for the overall economy. Until recently, the real estate market was flooded with homes - many of which were foreclosed, in short sale or abandoned. Now, however, it seems the tides have turned as demand has shot up but property owners remain hesitant to list their homes on the market. Many experts say this dwindling level … (0 comments)
real estate: Pros and Cons of Buying a Home in a Land or Housing Trust
- 08/16/12 12:42 AM
You may have heard a lot about land and housing trusts lately. They seem to be popping up everywhere, as people are growing more concerned with over development and the reduction of "green space." So what are land and housing trusts? Although land and housing trusts differ slightly, they both essentially work to promote conservation. Land Trusts Land trusts are non-profit agencies that work to conserve land through various methods. Often, land trusts will accept donations of land or funds to purchase land and then acquire what are known as conservation easements - which may permanently limit the type and scope … (0 comments)
real estate: States Using Mortgage Settlement Funds To Close Budget Gaps
- 08/14/12 03:55 AM
Although recent months have revealed many promising signs of housing market recovery, a recent Bloomberg article reveals that we’re not in the clear just yet, as states continue to divert mortgage settlement funds to patch up budget holes.The good news is that demand for homes and house prices both appear to be on the rise in many markets. However, many problems have been slower to show visible signs of improvement, such as the fact that 12 million borrowers are still “underwater”, i.e. their mortgages cost more than their homes are worth. In an attempt to improve the situation, a $25 … (0 comments)
real estate: 3 Things to Look For in Real Estate When You Need a Home Office
- 03/29/12 02:26 AM
Technological advances have made working from home easier and more cost effective than ever. So many professions are ideally suited for such an arrangement that many prospective homebuyers put office space at the top of their house-hunting checklist. The business and technology research firm, Forrester, Inc. recently reported that by 2016, 63 million Americans will be working either part of the time or exclusively from home. If you plan to be among them, here are 3 things to consider when shopping for your next home. Space- Your occupation will most likely dictate how much space you’ll need for a home … (2 comments)
Supply and demand are two basic economic factors that determine the market worth of just about any product or service. When it comes to real estate, supply and demand can affect the value and price of a home, but it can also have major implications for the overall economy. Until recently, the real estate market was flooded with homes - many of which were foreclosed, in short sale or abandoned. Now, however, it seems the tides have turned as demand has shot up but property owners remain hesitant to list their homes on the market. Many experts say this dwindling level … (0 comments)
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