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home sales - Page 2 - Strategic Real Estate Coach

Home sales flourishing despite national slump

Tag: home sales

Home sales flourishing despite national slump

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Time to Get into the Rental Game?

This is good news for anyone who is looking to get into the rental property business. Zillow recently released their Zillow Rent Index which examines the home rental markets around the country. Despite falling home values, the median rent rate increased 3% from January 2011 to January 2012. That 3% number is much higher in […]

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The Economy Needs More Buyers and Borrowers

2011 was a bad year for home prices. As a matter of fact, it was the worst ever. As a real estate investor looking for bargain properties that can be scooped up, fixed, and either sold or rented - that has to music to your ears. There’s only one problem: Mortgage bankers have gotten a […]

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Home Sales Weakest in 13 Years

Existing home sales are on pace to hit the weakest level in 13 years, if the first half of this year is any indication. Sales numbers fell again in June by .8%, following a weak Spring, according to the National Association of Realtors. The news has been the same for four out of the past […]

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Home Prices Have Officially Double-Dipped: Clear Capital

The national home price index from Clear Capital has officially entered double-dip territory. The company says data through the end of April has pushed its reading of national home prices 0.7 percent below the prior low recorded in March 2009, as markets have become saturated with bank-owned properties. Clear Capital’s report shows prices have fallen 11.5 […]

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PMI Expands LTVs and Credit Scores in Distressed Markets

PMI Mortgage Insurance Co. is seeing signs of strengthening in markets the firm classifies as “distressed,” enough so that the private mortgage insurer is relaxing its requirements for loan-to-value (LTV) ratios and minimum credit scores. The California-based insurer issued a bulletin last week announcing that it is raising the LTV to 95 percent for both […]

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New Tax In Healthcare Bill Means 3.8% Tax on Real Estate Transfers?

Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it? That's $3,800 on a $100,000 home etc. When did this happen? It's in the health care bill. Just thought you should know. Sales tax to go into effect 2013 (Part of HC Bill) Why 2013? […]

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Homebuilder Confidence Slowly Rising

Even though the signs may be weak, there are indicators that confidence is on the upswing among homeowners and the home buying public. Here's proof of a glimmer: Homebuilders’ pessimistic outlook improved slightly this month, but it remains dim amid falling home prices and a weak pace of construction.  The National Association of Home Builders […]

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Bill Would Force Lenders to Decide on Short Sale in 45 Days

There’s some encouraging news on the horizon for homeowners hoping to sell their homes via a short sale – in the form of a new bill being introduced into the U.S. House. The bipartisan Prompt Decision for Qualification of Short Sale Act of 2010 would impose a deadline on lenders to respond to short sale […]

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Mortgage Rates Tip-Toe Higher, Housing Sales Remain Sluggish

For the second time in the last 12 weeks, rates for a 30-year fixed rate mortgage have tip-toed higher, now sitting at 4.35%. While yes, this is an increase, it doesn’t necessarily signal an upturn in the overall housing situation. In fact, home sales remain sluggish, and it’s not because of mortgage rates. The historically […]

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