First Time Home Buyers
Currently viewing the tag: "Home Values"
What an interesting couple of weeks. After a massive rally just two weeks ago accounting for a 109 basis point (1.09 discount points), last week saw a sell-off of 97 basis points (.97 discount points).
Volatility everywhere and nary a leader in sight. Not so fast, I think we can help guide you through this.
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Continue Reading →Barring any massive changes, housing looks as healthy as it has in quite a few years.
Continue Reading →We may not be getting a wild and crazy skyrocketing housing market, but it looks like we’re getting the beginnings of a healthier, more sustainable housing market. If you’re looking at buying a home in 2011, please don’t wait until the snow melts. If the market keeps improving like this, your home affordability will worsen.
Continue Reading →Low mortgage rates and low home prices drove home affordability to all-time lows last quarter.
Continue Reading →The September Case-Shiller Index was released Tuesday. This is Standard & Poors home-value tracker.
In general, prices were down 0.7% from August.
Continue Reading →The government’s Home Price Index said home prices rose between July and August, which is consistent with the most recent Case-Shiller Index. The Federal Home Finance Agency’s data showed values up 0.4 percent nationwide, on average.
Continue Reading →Overall, buyers are being drawn into housing by low mortgage rates, affordable homes, and ample supply. If the August Pending Home Sales Index is foreshadowing the fall housing market, home prices appear slated to rise.
Continue Reading →It’s now 17 consecutive months where Case-Shiller shows that home values are rising across the United States.
Continue Reading →Think about that in context of Chicago mortgages. FHA is far and away the most condo-friendly product in the market these days. By excluding all but Fannie and Freddie loans, you’ve just excluded the majority of the recent condo sales in Chicago.
Continue Reading →If the broader economic picture turns towards anything other than the worst-case projections, home values and mortgage rates should continue to rise.
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