What could be more exciting than taking the leap from renter to first-time homeowner? You can turn the key in a lock that no landlord has access to, read in a hammock in your own backyard and paint your dining room bright red. Some first-time homeowners get swept up in all the excitement and make [...]

The Housing Market seems to be bouncing back slowly accousing to this recent news from the Housing Sector.
·        October Pending Home Sales + 31.8% y/y and +3.7% vs Sept / Now 42% above the low set in Jan 09 / At highest level since 3/06.
 
·        Price Declines, low mortgage rates, $8,000 buyer incentive, improved consumer [...]

The US housing market welcomes a larger share of first-time homebuyers and single women this past year, while a majority of sellers resorted to dropping prices in order to sell their homes. First-time homebuyers accounted for 47% of US home sales between July 2008 and June 2009, up from 41% in the prior year period, [...]

With cheaper home prices, lower mortgage rates and big discounts on foreclosures, buyers have lots of incentives to get into the real estate market. Anyone considering buying a home should still be cautious because the recent financial crisis has created a number of financial pitfalls. To help buyers navigate into this uncertain market, here’s a [...]