How To Buy Bank-Owned Homes In A Period Of Rising Inventory

California, Florida, Arizona and Georgia accounted for more than half of all bank repossessions in March 2010. It's a disproportionate distribution of foreclosures. Together, the 4 states represent just 23 percent of the overall U.S. population.

By |2017-08-10T02:41:49-04:00April 16th, 2010|foreclosures, Local, New Jersey, Pennsylvania, Real Estate, Real estate investing|Comments Off on How To Buy Bank-Owned Homes In A Period Of Rising Inventory

Case-Shiller Shows Home Price Improvement In A Majority Of Cities Nationwide

Standard & Poors released its Case-Shiller Index Wednesday. The report shows that, on a seasonally-adjusted basis, between December and January, home prices rose in more than half of the index's tracked markets. The strength of this month's Case-Shiller report, however, should be put in context.

By |2017-08-10T02:42:02-04:00April 5th, 2010|Case-Shiller Index, Local, New Jersey, Pending Home Sales, Pennsylvania|Comments Off on Case-Shiller Shows Home Price Improvement In A Majority Of Cities Nationwide

The Federal Home Buyer Tax Credit Enters Its Home Stretch — 29 Days Left

There's just 30 days remaining to use the federal home buyer tax credit. The credit ranges up to $8,000 for first-time homebuyers, and up to $6,500 for existing homeworkers who have lived in their main home for 5 of the last 8 years.

By |2017-08-10T02:42:04-04:00April 2nd, 2010|Homebuyer Tax Credit, Local, New Jersey, Pennsylvania, Real Estate|Comments Off on The Federal Home Buyer Tax Credit Enters Its Home Stretch — 29 Days Left

Pending Home Sales Drag In January, But Should Rebound For Spring

Fewer homes went under contract in January as the housing market continues to limp through the winter months. According to the National Association of Realtors®, the Pending Home Sales Index fell to its lowest level in 3 quarters this January. By contrast, in October 2009, the index had touched a 3-year high.

By |2017-08-10T02:42:23-04:00March 8th, 2010|Economy, Local, New Jersey, Pending Home Sales, Pennsylvania|Comments Off on Pending Home Sales Drag In January, But Should Rebound For Spring

Looking At The 2010 Predictions For Housing Markets And Mortgage Rates

There's a lot of talk on CNBC and elsewhere about what's coming in 2010. Before you take those predictions to the bank, just remember that analysts do a much better job interpreting data from the past than projecting it into the future.

By |2017-08-10T02:43:14-04:00January 20th, 2010|Economy, Local, Mortgage Lending, New Jersey, Opinion, Pennsylvania, Real Estate, Wall Street|Comments Off on Looking At The 2010 Predictions For Housing Markets And Mortgage Rates

Home Prices On The Rise, Says The October Home Price Index Report

More positive signals from housing -- home values are still on the rise. According to the Federal Housing Finance Agency, after posting its first quarterly increase since 2007 this past September, the Home Price Index rose by another 0.6 percent in October. Prices are up in 4 of the last six months.

By |2017-08-10T02:43:28-04:00January 9th, 2010|Economy, Home Values, Local, New Jersey, Pennsylvania, Real Estate|Comments Off on Home Prices On The Rise, Says The October Home Price Index Report