This post will cover the 2nd point of the “How To Effectively Price My Home For Sale” post: “How Do Interest Rates (Mortgage Rates) Affect Home Prices?” Interest Rates and/or Mortgage Rates: Interest rates and home prices always inverse coincide: They affect in opposite directions. Standing alone, when interest rates rise…home prices decrease. When interest rates [...]
Lately, a lot of people are telling me that they are nervous buying a home now because they are worrying that home prices could be peaking right now and they don’t want to buy at the top. Relax. Home prices obviously won’t rally like this forever, but the rally isn’t ending in 2012. In fact, [...]
Following up on Debunking A Crappy Real Estate Cheerleading Article, here are five more reasons to think for yourself when it comes to today’s housing market. Let’s break down this guy’s reasons 6-10 as to why we aren’t experiencing another unsustainable housing bubble… 6. Strengthening, But Not Overheating. Digging into the latest real estate price data [...]
Peter Boutell, Lending a Hand: Homebuyers should take advantage of today’s prices and rates. I have had a few Buyer’s lately ask me if they should wait?I understand the frustration of low inventory and multiple offers but I believe more inventory will come on the market soon. Especially in the mountain areas when people wait [...]
HOW TO EFFECTIVELY PRICE MY HOME FOR SALE? This one’s going to be short but sweet, with deeper explanation of each point to come in a future post. Combining this list with a comprehensive description and explanation of each bullet point is better suited for a book than a blog post. We’ll take ‘em apart [...]
Only in San Francisco would a burned out flophouse with furniture stapled to the façade be considered an official historic resource. And only in San Francisco would a landlord be contemptible enough to let the building rot away to such a degree that the city had to force a sale through eminent domain … for [...]
The Boomerang Generation is still living at home and not buying houses. At least, not yet. Via The Atlantic: The unemployed college graduate moving back in with his parents has been one of the ubiquitous stock figures of the recession, helping to cement the Millennials’ reputation as the “Boomerang Generation.” But how many young grads are [...]
