Commentary on the latest housing market news, with a focus on home prices, buying and selling conditions, and if another housing crisis is right around the corner. Also helpful home seller and home buyer tips.
I’m the first guy to mutter that home prices are too high. That they’ve become too expensive, but if you look at the actual numbers,… Read More »It Turns Out Housing Affordability Is Still Really Good
A family living in Sunset Heights, close to the center of Houston, Texas, is parting with their home for just $1. But in order to… Read More »You Can Buy a Nice House in Houston for $1
While foreclosures might sound like old news, there are still a ton of borrowers either behind on mortgage payments or in the process of foreclosure.… Read More »Underwater Borrowers Account for 77% of Active Foreclosures
If you’re thinking about buying a home, but concerned home prices have risen just a little too much lately, take heed of this warning. In… Read More »Realtors: Home Prices Are at Unhealthy Levels
Even though we’re deep into April, the typical spring home buying season doesn’t seem to be in full swing. It usually picks up in March,… Read More »Nearly 70% of Home Listings Are Stale, but Maybe Not for Long
While this might sound like another exotic mortgage gone wrong, it’s actually a new program geared toward making the city of Detroit better, not worse.… Read More »Detroit Home Buyers Offered Zero Down Mortgages Up to 150% LTV
When you think about why home purchase contracts fall apart, mortgage financing is probably the first issue that comes to mind. But there’s actually another… Read More »Financing Isn’t the Number One Reason Home Purchase Contracts Are Terminated
