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 […]

Homebuyers are finding that the battered real-estate market offers just as many opportunities for headaches as for bargains. Seth Grotzke and his wife, Crystal, both 25, recently bought a bank-owned 2 bedroom, 2 bathroom townhouse in Edina, Minn., for $110,000. Similar homes in the same development were selling for as much as $131,000. But exactly one […]