Some people think that we have already reached the bottom when it comes to the housing market crisis. However, there are people who say that the worst is yet to come. Read this post to see what CNN and Zillow have to say about the housing market. One thing is certain, if you’re looking to buy a home and you feel like you’re ready to do so, it’s the best time to take advantage of today’s buyer’s market!
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Tag Archives: Housing Prices
Mortgage News from 2010: An Overview of Financial Events That Impacted You
With a new year beginning, many people are gearing up on resolutions like losing weight or lifestyle changes, but often forgetting to plan for their finances. Stuff that happened in 2010 may seem like old news, but the truth is a lot of the mortgage news still affect you going in to 2011.
Mortgage Interest Rates Jump – Have You Refinanced Yet?
Mortgage interest rates tick upward – don’t miss your chance to refinance into a historically low mortgage rate!
Market Update – Existing Home Sales Better Than Expected
The market is lower this morning compared to yesterday. There was an initial rally thanks to a worse than expected weekly initial unemployment claims report. However, that was offset by a better than expected August Existing Home Sales report. It was expected to show an increase of +7.1% to 4.1 million. The actual numbers showed an increase of +7.6% to 4.13 million.
From WSJ: As Housing Loses its Stickiness, Prices Reach Bottom Quicker
Great article in today’s Wall Street Journal blog about housing prices and how they may have reached their bottom. Here’s a portion of the article: [...]
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