Market News

Buying An Optimistic Outlook: 2012 Market Insights The real estate data that I have reviewed suggests some markets are likely to exhibit positive price growth in 2012. Markets that are seeing sustained employment growth and price stability in the second half of last year are the ones most likely to see some very modest price growth this year.
Market News Federal Housing Agency Announces Changes to Mortgage Refinancing Program Yesterday the Federal Housing Finance Agency (FHFA), Fannie Mae, and Freddie Mac announced several changes to the Home Affordable Refinance Program (HARP).
Buying Then and Now, Comparing Home Ownership Costs In recent years, real estate has become something of a polarizing topic; there are those who argue that it’s still a worthy long-term investment with tangible benefits; and others who don’t see the value of owning a home, financial or otherwise.
Market News Whatever you may think of the Case-Shiller Index, it is worth watching Personally, I am not a fan of the U.S. housing index that was created by Karl Case and Bob Shiller back in the 1990s. That said, it is a highly watched gauge and worthy of commentary.
Buying Apples and Oranges – Do we have short memories? In recent weeks, I have been reading much about the lack of confidence in the housing market that is demonstrated by declining transactions and prices. Although it is clear that we are far from “out of the woods” at this point, I would like to suggest that this news may not be as dire as everyone is thinking.
Market News Thoughts for 2011 As we approach the end of 2010, I like to pause and reflect on the events of the year relative to both the economy as a whole, and the real estate markets in particular.
Market News GDP Growth – The Good and the Bad I was just looking at figures released this morning relative to how our economic output is doing. Gross Domestic Product is a figure that is very important as it shows how we, as a nation, are growing economically by looking at the value of all the goods and services that we generate inside the U.S.
Market News Reconsidering Expectations I was fascinated to read my associate Karl Case’s article on housing published in the New York Times a couple of weeks ago. In it he suggests that the “American dream” of home ownership, rather than being dead in the water, is actually alive although somewhat battered!
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Buying What do you think about the recent market news? There is no question the economy and the housing market has slowed down over the last few years and the recent deluge of articles for and against homeownership is impossible for us to ignore. Ultimately, we believe that the American dream of homeownership is alive and well.
Buying The Future of Homeownership Homeownership has been pushed by the past two presidents and certainly contributed to the financial meltdown that we experienced in 2008 and are still recovering from.
Market News Vacation Homes: looking better all the time Whether you’re in the market for a lakeside cottage, a mountain cabin, a ski chalet or an island retreat, the vacation home market is warming up.
Market News Report’s dramatic predictions for home values A recent report from Goldman Sachs has many people talking and asking questions about where home prices are headed as we head into the latter half of 2010 and look forward toward the next few years.
Market News Life After The Homebuyer Tax Credit Much has been said about the expiration of the homebuyer tax that occurred at the end of last month.
Market News We are actually starting to create jobs! The U.S. economy created a significant number of jobs in March. The Labor Department indicated that the economy added 162,000 jobs in March which is the strongest growth rate in over three years.
Market News Market soup Recently, Jamie Johnson, one of our Windermere Agents in Camano Island shared a great analogy about the current market that I would like to share with you.
Market News Are mortgage rates on the rise? Despite being just a few weeks from the much anticipated end of government purchasing of mortgage-backed securities (MBS), mortgage rates remain steady.
Market News Lessons From The Mountain At just over 14,000 feet, Rainier is iconic in that many world-class climbers practice on it to prepare themselves for the really big ones like Mount Everest.
Market News You get one chance to make a first impression Studies indicate that buyers decide if they’re interested within the first 30 seconds of entering a home.
Market News The market is finding stability The last decade has been a wild ride for homeowners, real estate professionals and most balance sheets.
Market News Auld Lang Syne On New Year’s Eve, a bunch of us were talking about the true meaning of that song… the one we kind of know the words to. It starts like this, “Should auld acquaintance be forgot and never brought to mind?”