All Posts Tagged With: "National Association of Realtors"
Why Trump Is Wrong On Mortgages
Donold Trump — a possible candidate for President — thinks mortgages are tough to get, maybe impossible. “If somebody wants to buy a house,” he told CNN’s Piers Morgan, “it’s virtually impossible to get the money from a bank. And it’s — even if they have good credit. Even when mortgages are coming due, and [...]
12Dec2011 | Peter G. Miller | 0 comments | Continued
Foreclosure Discount Gets Bigger & Bigger
Buy low and sell high is a traditional real estate investing strategy and with good reason: Unlike the stock market you can’t sell homes short and make a dime. Thus it makes considerable sense to buy property at the lowest possible price and that brings us to RealtyTrac’s foreclosure report for the second quarter: “The [...]
26Aug2011 | Peter G. Miller | 1 comment | Continued
Real estate to lose another $1 trillion, say economists
With word that the recession is long over and a jump in corporate profits it might seem as though real estate values should be roaring back. Okay, if not roaring how about just nudging up a bit? Unfortunately, that may not be the case according to one well-regarded economic study. “The survey data we collected [...]
27Dec2010 | Peter G. Miller | 1 comment | Continued
2009 Home Sales Up, But Values Down
Real estate sales reached nearly 5.2 million in 2009, up 4.9 percent from 2008 according to the National Association of Realtors. The increase was the first annual rise since 2005. In terms of prices, NAR says for all of 2009, the median price for a single-family existing home was $173,200, down 11.9 percent from 2008. [...]
26Jan2010 | Peter G. Miller | 0 comments | Continued
How To End Lethal Prepayment Penalties
The Internet has been humming with a new mortgage debate in Washington: With apologies to Shakespeare, to have prepayment penalties or to ban them, that is the question of the day. On August 15th and within five minutes of each other, email arrived from the Mortgage Bankers Association and the National Association of Realtors arguing [...]
4Oct2008 | Peter G. Miller | 0 comments | Continued
How Can I Buy Real Estate With Little Or Nothing Down?
Figures from the National Association of Realtor’s 2010 study of buyers and sellers shows that typical first-time buyers bought with 4 percent down while repeat purchasers paid 14 percent down. The repeat buyers presumably could put more down because they had equity from the sale of house #1 and they were older and had more [...]
1Sep2008 | Peter G. Miller | 0 comments | Continued
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