real estate

The Domino Effect of Sub-Prime Lending on Move-Up Home Buyers

April 4, 2007

Wondering how the dramatic change in sub-prime mortgage lending will impact you? Try this stat on for size: Since 1998, 1.4 million families have used sub-prime mortgages to buy their first home. As sub-prime lending guidelines get tighter, there will be fewer first-time home buyers and that impacts every homeowner in the country. The reason […]

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The Headlines On Housing Aren’t Telling The Whole Story

March 23, 2007

As a consumer, it’s very easy to be misled by newspaper headlines.  Today provides a great example. “Sales of Existing Homes Up 3.9% For The Biggest Monthly Gains In Three Years” What was not mentioned in the headline was that total inventory rose by 5.9%, adding more supply than for which there is demand. More […]

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How To Answer “How Much Home Can I Afford?”

March 15, 2007

Home shoppers know to consider the impact that a new home will have on their household budget and that is called keeping your eye on the ball. Unfortunately, most shoppers are keeping their eye on the wrong ball. The proper way to answer the “How Much Home Can I Afford” question is to think in […]

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