The sale of your home can depend on the local housing market or the national housing market. Check here for more information and updates about the state of the housing market, and advice on how to buy or sell in any kind of market.
Selling Home During Divorce
A homeowner is divorcing and unable to handle the mortgage payment and wants to sell the home. But the home isn't selling, despite lowering the price nearly $200,000. Taking time to reevaluate the home and putting it back on the market in spring might help jump-start the sales process.
Owing More Than Market Value Of Home
Owe more than your house is worth? When home debt exceeds home equity, it's a big problem. Economists have predicted this might happen more when consumer start tapping their home equity at the same time home appreciation tapers off or even stops. The best way to get on top of the loan is to spend a year or two making extra loan payments.
Housing Market Includes Minority Home Buyers
As America grows more diverse so does the housing market. The numbers of minority home buyers are increasing steadily and real estate agents who specialize in helping minority home buyers can expect a strong market. Minority home buyers include Hispanics, African-Americans and Asian-Americans as well as other immigrants. Learn about some minority home buying trends here.
Property Tax Assessment Depends On More Than Market Value
Why might a market value for a home be so much higher than a tax assessor's value? It depends on how the tax assessor calculates the home value. Learn about the nuances that tax assessors may consider when determining a home's value.
Buying A Home In Real Estate Market With Rising Prices
When home prices rise in the real estate market you as a home buyer may be wondering if it is the right time to buy a home. Will home prices fall enough later on to make a home more affordable? When buying a home you should consider market inflation and interest rates.
Non-Stop Housing Market
In the midst of a weak, jobless, economic recovery, interest in homeownership hasn't waned one little bit. In fact, the housing market has grown. The housing market continues to prop up the economy. Still, nothing lasts forever, not even the best housing market in history. While no one is saying the housing market is a bubble that is going to pop, at some point, sales will have to slow down.
Home Sales Moving Up
Stock prices are up, home sales continue to steam ahead and more Americans went back to work. If you ended the day feeling like you're worth more today than you were yesterday, you're probably right.
Selling Your Home Includes Landscaping, Home Improvement
Maybe you've had your home on the market for a while and it's not selling. What can you do to sell your home? Part of selling your home is improving its curb appeal with improved landscaping and home improvement projects. Brainstorm with your real estate agent for some other ideas to help sell your home.
High Home Values And Low Interest Rates
With the Federal Reserve holding interest rates low, mortgage loan rates are also low. As a result more home buyers are buying homes and demand for homes is increasing. Home values are rising but by how much depends on what region of the country you're in. Economists expect interest rates to stay low for the next year or so.
Selling Tips For A Tough Market
With economy on tilt and political instability in several parts of the globe, home sellers are increasingly nervous about whether their properties will sell quickly, slowly, or at all. When you're selling in tough times, you've got to be as aggressive as possible. Home sellers need to make sure they're doing everything right when it comes to price, condition and the marketing of your property.