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Glimpse of Hope?

So while driving in my car I heard the news, Sales of existing homes in May increased over April!  I almost crashed the car.  Such good news.  This was the second time in 10 months that we had an increase.  So maybe the spring market is just a month or two behind.  More and more buyers are starting to look.  Some think that if they wait prices will go down further but most of the... [Read more]

Are we near the end?

Posted on Monday, March 31, 2008, 12:00AM Charles Wheelan, Ph.D. The Naked Economist Housing prices dropped by over 11 percent at the beginning of this year, the largest drop in the 20 years that such data have been collected. Thank goodness. [Read more] Share on Facebook Read More →

Housing Woes Are an Opportunity for First-Timer Buyers

Sometimes others say it best.  This was on Yahoo Finance and written by Suze Orman……. Even though every nook and cranny of the housing market is draped in doom and gloom, it may be a good time for potential buyers to take a contrarian look. I’m not minimizing the risks in the housing market, because they’re very real in many locations. Nor am I predicting any sort of miraculous... [Read more]