Predicting Home Prices: Buy Now or Wait?

Predicting Home Prices: Buy Now or Wait?

The New York Times recently published an article on the difficult decisions facing home buyers in this housing market. It’s true, mortgage rates are incredibly low right now, and housing prices have hit rock bottom in many areas, but how do you know if now is the time to buy? After all, while most experts would agree housing prices are very close to rock bottom (if not already there in some areas), could waiting a little longer get you a better deal on a house?

Continue Reading
A Bonus Investment: Wall Street Bankers & Real Estate

A Bonus Investment: Wall Street Bankers & Real Estate

Not long ago, we also reported that couples are now putting off their wedding to buy a home first. For many people, the choice is either to buy a home now, or wait and save a long time for a home. In populated cities like New York or Los Angeles, real estate has always been scarce and expensive. Home buyers are relying on this opportunity to finally own a home in the city they work in.

Continue Reading
Buying Investment Properties?  Look in these Cities

Buying Investment Properties? Look in these Cities

CNN Money recently published an article on America’s most overvalued cities, which included a list of both over and under valued cities. While this may not mean much initially for those of us who don’t live in them, it may actually still apply to you. If you already own your dream home, and don’t plan on moving anytime soon, now may be a good time to start thinking about an investment property or vacation home.

Continue Reading
Get 3.5% Back from Fannie Mae HomePath Properties

Get 3.5% Back from Fannie Mae HomePath Properties

Fannie Mae is now offering qualified buyers 3.5% off the final sales price to be used toward closing costs or their choice of appliances. The announcement came today in the form of a press release. This incentive applies to any HomePath purchase that closes before May 1, 2010. Not sure if the home you want is a HomePath property? Just check on HomePath.com, and if it’s on the list – you would qualify for this offer.

Continue Reading
Are Foreclosed Homes Cheaper to Buy?

Are Foreclosed Homes Cheaper to Buy?

For many first time home buyers shopping around, the goal is often to buy the most reasonably priced home – and still have it suit their needs. And for the first time, the housing market is complete with short sales, foreclosures, estate sales and the traditional home sales. The question is: what type of home is best, and how are they different?

Continue Reading
Buy a Home Now, Get Married Later

Buy a Home Now, Get Married Later

While this certainly isn’t the traditional way to display your love and commitment, couples are now choosing to wait on their engagement in order to buy a home first. New York Times Real Estate recently reported that couples ready to be married, but rent in some of the most expensive cities are now waiting on their vows to buy that home first.

Continue Reading