According to the S&P / Case-Shiller Home Price Index released presently, American home prices fell in December for the second consecutive month, but only by 0.01 percent compared with November after a comparable decline the month before. Home prices year-over-year throughout all nine U.S. Census ... » Learn More about Home prices stagnate, but is housing in any trouble?
Uncategorized
Study: 83 Percent of California Homes Out of Reach for Teachers
Teachers help form the foundation for strong, local communities, however just 17 percent of homes available in California are affordable on a teacher's salary. That percent goes down to zero in expensive San Francisco, where the average teacher can't pay for a single home. With the existing median ... » Learn More about Study: 83 Percent of California Homes Out of Reach for Teachers
8 Benefits of Homeownership this Tax Season
Let's analyze how homeownership produces "cents"-- from the tax benefits, to good old fashioned financial stability. The financial benefits of homeownership are evident year round, but particularly around tax time-- they appear to jump off the page! 1. Homeownership builds wealth over time We were ... » Learn More about 8 Benefits of Homeownership this Tax Season
Home-price growth slows
Nobel Prize-winning financial expert Robert Shiller said Tuesday that home-price growth is very likely to decrease this year, with demand hit by decreasing affordability, and many more factors. Mortgage rates have risen from ultra-low levels in 2012, dampening some buyer interest, Shiller ... » Learn More about Home-price growth slows
2013 Was the Third Lowest Share of First Time Buyers in Last 30 Years
The share of first-time buyers stays below the long run average of 38 percent and is the lowest ever since 2006. After raising a little in 2012, the proportion of first-time buyers began dipping again this year as more real estate investors crowded out the lower-priced residential properties. ... » Learn More about 2013 Was the Third Lowest Share of First Time Buyers in Last 30 Years