March existing home sales, as reported by the National Association of Realtors® (NAR) , showed good improvement compared to March 2012, with sales on a seasonally-adjusted annualized rate (SAAR) up 10.3 percent to 4.92 million, while median price jumped 11.8 percent to $184,300. These are… Read more

Housing continues to make a comeback following the real estate depression of 2007 through 2011. Job growth (albeit tepid), rising rents and population growth are the trifecta to increased sales and prices. October 2012 saw a Seasonally-Adjusted Annualized Sales Rate (SAAR) of 4.79 million existing… Read more

Every once in a while we need to lighten things up and this news report fits right in there the day following Valentines.  CNN reports the findings of a study conducted by Trulia that singles  prefer to date homeowners rather than renters.  Trulia commissioned Harris… Read more

The Affordable Care Act (ACA) a.k.a. ObamaCare, May Not Be Affordable For Many (and this may impact first-time homebuyers) The Ohio Department of Insurance commissioned a study from Milliman, Inc., a global actuarial firm, to ascertain the impact of ObamaCare on Ohio and its residents…. Read more

Processing times are mangling the short sale segment—particularly for first time buyers according to RISMedia.  In reporting the results of the latest Campbell/Mortgage Finance HousingPulse Tracking Survey, RISMedia states that one in every six house sales came from short sales according to a survey of… Read more