Should you buy a home in the spring, or should you wait? Here are four good reasons to buy now.
Tag: home prices
Why Rising Home Prices Are Good News!
Most agree that home prices have risen, and are still on the rise. We have written about why this is not like the housing bubble that we saw nearly ten years ago. In some areas, there are not enough homes for sale to meet the demands of home buyers, and prices are driven up organically. see – Low …
Low Housing Inventory Driving Values Up
Many people may have been watching home values steadily rise over the past year, and notice that it isn’t slowing down. Another Housing Bubble? Is this the aftershocks of 2008? Has sub-prime lending made a comeback as the Federal Reserve has hesitated to raise interest rates? Are new homeowners soon to be upside down on …
Home Prices and Mortgage Interest Rates to Rise in 2016
Your home’s mortgage payment is based on the price of the home (minus the down payment), and the interest rate for the loan. Both prices and interest rates will likely rise in 2016. Home Prices CoreLogic anticipates a national 5.2% home value increase for the next year. The percentage varies by state, with WA, CA, NV, UT, AZ, NM, FL, and …
Higher Home Prices Expected by Consumers in 2012
Higher home prices are expected by 33% of consumers over the next year. Fannie Mae’s monthly housing survey indicated 5% more people expect home prices to increase this month over the 27 percent surveyed last month who thought prices would increase this year. Nearly half of consumers expect higher rental prices as well, the highest …
Interesting History on Home Prices in the U.S.
Here’s an interesting chart from the U.S. Census Bureau website about the average price of a home in the U.S. Take a look at how fast homes shot up from 2000 – 2007: over $100,000! Period Average 1963 $19,300 1964 $20,500 1965 $21,500 1966 $23,300 1967 …
Home Prices Up, First Time in 8 Months
Data through April 2011, released yesterday by S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, show a monthly increase in prices for the 10- and 20-City Composites for the first time in eight months. The 10- and 20-City Composites were up 0.8% and 0.7%, respectively, in April versus March. In April 2011, the 10-City …