Miami home and condominium sellers saw their sales prices grow over the year - but sellers of both kinds in Fort Lauderdale and in West Palm Beach-Boca Raton, Florida housing markets saw price declines in May.
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Like an ever-growing number of homeowners these days, Robert Harrell found himself falling behind on his California mortgage payments.
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“Folks, take advantage of the market today.”
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Sales of existing homes fell in May to the lowest level in four years, and prices dipped for the 10th month in a row, the National Association of Realtors said Monday. The cause?
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Despite turmoil in the housing market that includes record foreclosure numbers, home loan rate increases and home price depreciation, owners don’t believe there’s a real estate slump.
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In the United States, the housing market is still locked in a slump that began a year ago. In Connecticut, it’s more of a slowdown than a crash - and it may be pulling out of that downward curve.
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The super-hot Vermont housing market of the first half of this decade has cooled, with home prices stabilizing or even declining in some areas and properties taking longer to sell.
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Owning a home is a key to the American dream - but with foreclosure rates at a 50-year high, it’s never been more important to be a responsible buyer.
Here are four steps first-time home loan applicants should consider should take before sinking their life savings into a house:
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Sales of single-family homes in California will slow by 14 percent on an annual basis this year, while the state’s median home price will rise just short of 2 percent, a real estate trade group said.
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There is no generic answer to the age-old question “Is it better to invest or pay off debt?” This can be looked at several ways, especially when the debt in question is a mortgage.
Is a 15-year or 30-year mortgage a better option?
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