,

The Economy: Why All the Panic?

For the last couple of weeks, all we have heard is how bad the current economic situation is. “The markets are going to crash and interest rates are going to skyrocket.” Panic has definitely engulfed the entire country. Consumer confidence, as measured by the University of Michigan’s Consumer Sentiment Survey, has fallen to a number […]

,

Homeownership: Still the American Dream

Yesterday, Fannie Mae released their National Housing Survey for the second quarter of 2011. They survey the American public on a multitude of questions concerning today’s housing market. Each quarter, we like to pull out some of the findings we deem most interesting. Here they are for the most recent report: Most Important Reasons to Buy […]

Things to Consider Before Renting a Home You Can’t Sell

In this difficult housing market, more and more homeowners are considering renting their house instead of adjusting the price. We strongly believe that residential real estate is a great investment and therefore can understand this thinking. However, if you have no desire to actually become an educated investor in this sector, you may be headed […]

,

Do What He Did, Not What He Said

InfoGraphic

, , , ,

House Prices: Explaining the Recent Uptick

Several pricing indices have reported that, on a month-over-month basis, home values have ticked up slightly over the last quarter. This has caused some to call the bottom to the housing market – at least from a price standpoint. We must realize that prices are determined by supply and demand. Demand has indeed shown improvement […]

,

FSBO a No Go!

This blog prides itself on the quality of real estate information we deliver each and every day. We try to gather empirical evidence to validate the positions we take. We do not use just an anecdotal story to make a point. We also do not get caught up in the sensationalism of the moment. However, […]

,

A Rose By Any Other Name…Might Be Worth More

We are again honored to have Ken H. Johnson, Ph.D. — Florida International University (FIU) and Editor of the Journal of Housing Research as our guest blogger. To view other research from FIU, visit http://realestate.fiu.edu/. – The KCM Crew What is in a Subdivision’s Name? The Research What is in a subdivision’s name?  Is there any pricing […]

,

When Did Americans Start Playing It Safe?

There seems to be a paralysis in America right now. Companies are afraid to hire even though they are sitting on hordes of cash. Politicians are afraid to show leadership on certain issues as it may cost them the next election. People are afraid to move forward with a purchase of a home because they […]

,

Tick…Tick…Tick…

We are dedicated to bringing you the most current and important housing news each and every day. We don’t get involved with the ‘what ifs’ of politics.  The current debate in Washington has caused a paralysis in consumers, caused by uncertainty. People just can’t be sure what is coming next.  As always, we will work hard to bring clarity to the confusion. We will […]

, ,

Why You Need a Good Negotiator in Today’s Market

InfoGraphic

,

Selling Your House? Waiting May Not Make Sense

There have been some bright spots in the residential real estate market over the last couple of months. Several price indices have reported a stabilization of prices and some regions have even shown small levels of appreciation. This has led some to believe that we may have reached a bottom for home values. We must […]

, ,

How People Feel About Real Estate

Monthly Housing Survey InfoGraphic

Oct 1 – Another Bad Day for Real Estate

One of the ways the federal government tried to “rescue” housing was to raise the Conforming Loan Limits – which is the maximum loan that can be sold to FannieMae, FreddieMac and GinnieMae (for FHA loans). By raising loan limits, liquidity was provided to mortgage lenders enabling them to lend at competitive rates in most […]

,

The Only Thing “Lousy” Was the Advice!

We read an interesting article in the Wall Street Journal on Monday titled A Home Is a Lousy Investment. It was written by Mr. Bridges, a professor of clinical finance and business economics at the University of Southern California’s Marshall School of Business. The essence of the piece is that owning a home is not […]

,

Bringing the Sale Across the Finish Line

Today, we are honored to have Ken H. Johnson, Ph.D. — Florida International University (FIU) and Editor of the Journal of Housing Research as our guest blogger. To view other research from FIU, visit http://realestate.fiu.edu/. – The KCM Crew The negotiation of a sales agreement is a very difficult process. A well drafted sales agreement almost cinches a […]

,

Unemployment’s Impact on Housing

What impact does rising unemployment have on the real estate market? Actually, it is quite simple: Rising unemployment creates uncertainty. Uncertainty creates fear. Fear creates paralysis. Paralysis prevents people from moving forward with their lives. Don’t allow fear to stop you from getting on with your life. Realistically look at your personal situation and decide […]

, , , ,

The Devil Is in the Details

Distressed Property InfoGraphic

CoreLogic information on Shadow Information:

http://www.corelogic.com/about-us/researchtrends/shadow-inventory.aspx

LPS information on inventory/sales ratio:

http://www.lpsvcs.com/LPSCorporateInformation/ResourceCenter/PressResources/MortgageMonitor/201105MortgageMonitor/LPSMortgageMonitorMay2011.pdf

RealtyTrac information on discounts on short sales and foreclosures:

http://www.realtytrac.com/content/news-and-opinion/foreclosure-homes-account-for-28-percent-of-q1-2011-sales-6586

,

Let’s Get Chicken Little

You all know the story…young chicken, fearful of the worst, runs around declaring that “the sky is falling, the sky is falling”. In today’s real estate market, there are many people (professionals and amateurs alike) with opinions that make buying real estate sound like throwing money away. One thing I have learned in life is […]

, , ,

5 Real Estate Headlines You’ll See in the Next Six Months

Making predictions can be the ‘kiss-of-death’ for a blog. Even if we get four out of five correct (80%), there are those in the industry who will kill us on the one we got wrong. We believe strongly that when making a real estate decision for you and your family you must look forward and […]

, , ,

Why Now Is the Time to Buy a Home

InfoGraphic

For other great visuals like this, click here.

,

Top 5 Real Estate Headlines in the 1st Half of 2011

We have reached the midway point of the year. Today, we want to look back over the first six months and give you what we believe were the five items that have had the biggest impact on the real estate industry so far this year. The Government Wants Out of the Mortgage Business From the […]

Are You About to Expire?

A listing contract on a house for sale has a termination date. If the house reaches this date without being sold, it is called an ‘expired’ listing meaning it is no longer for sale under the previous contract. The end of June historically is a time when many listing contracts come to termination. There will […]

, ,

House Prices Through 2015

Everyone seems to have an opinion on where home prices are headed. Housing bulls are saying prices may start rebounding as early as later this year. Some housing bears are saying that prices may still drop another 10-15%. What actually is going to happen? No one knows for sure. However, Macro Markets, a financial technology […]

,

An Idea to Get Your Home Sold Faster

Let me start by reminding you that I am NOT a real estate agent; however, I do think my parents raised me to have some common sense.  So, here it goes….I think you should RAISE THE COMMISSION YOU WILL PAY AN AGENT WHO BRINGS YOU THE EVENTUAL BUYER OF YOUR HOME.  Is it contrarian?  Maybe. […]

,

A Window of Opportunity for House Sellers

There has been much confusion as to where housing prices are headed. We have actually blogged on the issue recently. Today, we want to give our opinion on this subject for the short term. We believe sellers have a window of opportunity for the next 90-120 days in which to sell their homes for maximum […]