Tag Archive: real estate

May 09

Don’t worry… Warren Buffett says there’s no housing bubble

With home prices expected to appreciate by over 5% this year, some are beginning to worry about a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine. He simply explained: “I don’t see a nationwide bubble in real estate right now at all.” Later, when questioned whether real …

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Feb 21

Hot real estate markets… after the crash. Seattle… good for Sellers

You might have thought you’d never see another top-10 list of hot real estate markets after the housing boom’s spectacular crash. Never say never. Housing’s coming back, mostly. It’s creeping back in some places, leaping in others, and still down in a few. Here’s a look at housing by the lists: one list of the …

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Apr 02

Housing: About to SPRING Back

We believe that 2012 will be the year that home sales start to climb again. Over the past thirty days, more and more experts are saying the same thing. Jamie Dimon, JPMorgan Chase CEO “I believe we’re very close to the inflection point. People look at prices that are still coming down but all the other …

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Dec 26

The most popular houses of 2011

The Wall Street Journal gives us a series of ten spectacular homes from their 2011 featured ‘House of the Day,’ and asks for your vote as to which is the ‘Best!’ Definitely not your ‘Main Street USA Homes’ here! One is named the ‘Oregon Log House.’ What do you think? Which one is the best? …

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Sep 08

King County median price stagnant past six months

The August median price (half sold above, and half sold below the median price) of a house that sold in King County last month was $350,000, down nearly 8 percent from August 2010. However, for the past six months, King County prices have remained flat, remaining in a narrow range, between $345,000 and $350,000, every month …

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Jun 03

The silver lining of home price drops: ‘Moving Up’

For sellers who plan to ‘move up,’ now is a good time The Secret: Focus more on what you can purchase your ‘move up’ home for than the selling price of your current home. Let’s look at a hypothetical example… and because it is easier to calculate, I will use an arbitrary number of 10% for …

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Apr 27

Where Housing Is Headed

Pricing under pressure Some of the challenges facing the housing market are easing as the economy adds jobs, boosting demand and reducing mortgage delinquencies. But tight credit, lost equity, and weak confidence have put prices under pressure. Buyers are demanding big discounts and sellers are unable or unwilling to chop prices. — 4/25/11  Wall Street …

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Apr 16

Time to buy real estate?!

Forget stocks. Don’t bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing. That’s a direct quote from a fasinating article by Shawn Tully, entitled, Its Time to Buy Again from Fortune magazine. His article starts with information from Mike Castleman, the founder and CEO of Metrostudy, …

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Mar 28

Americans still believe in home ownership

  The Fannie Mae National Housing Survey, fourth quarter 2010 shows that Americans are still generally committed to owning a home. 96% of all homeowners said homeownership has been a positive experience. 84% of Americans still believe that owning a home makes more sense than renting. 68% of renters believe owning makes more sense. 64% consider buying …

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Mar 21

Monday, Monday…. update

Monday, March 21, 2011 Mortgage rates: 30 yr fixed, 4.79% 15 year 3.99% The Fed announced that it will sell its $142B MBS portfolio it acquired in the financial meltdown from AIG. It intends to sell $10B a month as long as market conditions can handle it. The Fed believes it will make a profit …

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