Housing Market Home Values, Mortgage Rates, Real Estate News

Independent Forecasts Housing Predictor provides independent housing market forecasts on home values and mortgage rates for more than 230 cities in all 50 U.S. states, plus real estate news and analysis. Subscribe to Our Feed Housing Predictor constantly publishes new articles, updates home prices and adds new features. Add the feed to your RSS reader to get the latest on what's going on. Research Methodology Forecasts are updated and … [Read more...]

Wealth Effect of Real Estate

It's as American as apple pie, Chevrolet and baseball. You may not know what it's called, but if you live in the great U.S.A. it's had a hold on you. The "Wealth Effect" of real estate can be addictive. It's why so many of us go to the classified ads and the computer to check real estate listings just to see what the neighbors home down the street was listed for... and then after a SOLD sign gets posted why we check to see how much it sold … [Read more...]

Ways to Invest without Lots of Cash

By Cathy Salustri With houses, condos and apartment buildings selling for a fraction of what they did a few years back, now just might be the time to invest. But how can a potential investor take advantage of the current real estate market without plunking down a lot of cash? While buyers won't find a bank to finance 100% on any property, purchases can still be made with relatively little cash down. Here are the 4 main ways to accomplish … [Read more...]

Is Now the Right Time to Buy a Condo?

Is it Really Time to Buy a Condo? By Robert Jones Inventories are rising, prices are falling, investors are bailing out, and developers are getting desperate. For someone with a little extra cash, this may look like the perfect time to buy a new-construction condo. After all, you’re getting a brand-new building with slick finishes and great amenities at a fraction of what it would have cost a year or so ago. Seems like a no-brainer, … [Read more...]

Five Tips for New Home Buyers

With the first-time home buyer federal income tax credit of $8,000 this just might be the time to consider buying a home. But before you make that decision you may want to consider 5 tips that could help to determine if it's truly the right time to shop for a home. #1 - Learn about the first-time home buyer federal income tax credit. According to FederalHousingTaxCredit.com, a consumer website those who purchase a home before Dec. 1, 2009 … [Read more...]

Overwhelming Majority Favor Homeownership

By Mike Colpitts An overwhelming majority favor homeownership over renting despite the housing downturn, according to a new study. The results were found as part of a Fannie Mae survey that asked a variety of questions revolving homeownership and the economy. An astonishing 85% of respondants said they favor homeownership over renting based on the fact that owning a home was “financially better” than renting. Home values in more than 100 … [Read more...]

Top 10 Real Estate College Towns

Investors and parents shopping for rentals for college students might realize a sharp increase in rents when students go off to college this fall. Rents on homes and apartments rose an average of 4% in the U.S. in the last year, and higher rents are expected. Realtor.com released its second annual round-up of the top 10 college towns to consider investing in real estate. Topping the list are Boston, Massachusetts and Washington D.C., which … [Read more...]

Rental Boom Will Lead to Homeownership Rebound

By Ryan Jackson The boom in new apartment rental construction will lead to a rebound in homeownership, according to UCLA real estate economist David Shulman. The researcher made the prediction in the university’s Ziman Center real estate economist letter. “After an agonizing six year decline where nearly $7-trillion of wealth was destroyed, the housing economy is now in the process of rebuilding,” wrote Shulman. Existing homeowners … [Read more...]

Rents Rise to Menace Market

Home and apartment rents are rising in the majority of the U.S. and are expected to sustain higher increases over coming months to menace the housing market, according to a survey of residential property managers. The new TransUnion survey found that both large and small property managers are faring better than they were a year ago attracting residents, many of whom have suffered through foreclosures as a result of the financial … [Read more...]

Home Purchases Jump Two Weeks

By Mike Colpitts Led by a jump in conventional mortgage applications, home purchases rose for the second week in a row signaling a positive turn for the U.S. housing market, according to the Mortgage Bankers Association weekly index. Pushed by record all-time low mortgage rates, buyers turned out to take advantage of the historically low rates to aid the housing market in its recovery just in time for a busier spring time selling season. … [Read more...]