New housing data released by the National Association of Realtors (NAR) suggest the Northeast is coming through the real estate slump better than the rest of the country. Despite home prices in October dipping in the South and West, prices in the Northeast rose about over 1% compared to a year ago. … [Read more...]
National, State and Local Real Estate News
November 21, 2007 By Leave a Comment
The National Association of Realtors (NAR)’s latest pending home sales index point toward softer sales for the remainder of the year. However, there are large local variations. There is good news! FHA loan applications and approvals have been rising robustly. HUD’s endorsement of FHA loans … [Read more...]
Strategies for retiring on your house
November 6, 2007 By Leave a Comment
Even with the recent drop in home prices, the real value of a single-family house in the U.S. has more than doubled in 10 years. In some markets and instances, home prices have tripled.As folks approach retirement, many are considering what to do about homes that are worth a small fortune. If you … [Read more...]