All Posts Tagged With: "prices"
Home Prices Up — Can This Be Real?
Bet you haven’t heard this in awhile — U.S. home prices rose. They rose for the month of April by .9 percent nationwide according to the Federal Housing Finance Agency’s monthly House Price Index (HPI). Let’s not go crazy here, the index is 10.7 percent below its April 2007 peak. That said, in an environment [...]
23Jul2009 | Peter G. Miller | 0 comments | Continued
Home Price Declines Continue, Says New Report
The S&P/Case-Shiller1 Home Price Indices for February show continued broad based declines in the prices of existing single family homes across the United States, with 10 of the 20 metro areas showing record rates of annual decline, and 15 reporting declines in excess of 10% versus February 2008. For the first time in 16 months, [...]
29Apr2009 | Peter G. Miller | 0 comments | Continued
Is Now The Time to Rent?
At a time when home values are soaring in most metro areas, along comes The New York Times with the thought that renting may well be a better financial choice than buying. The Times says that “after five years in which rents have barely budged while house prices in New York, Washington, Los Angeles and [...]
19Sep2008 | Peter G. Miller | 0 comments | Continued
Squeezing Out The Middle Class
The news from California is that home prices in Santa Clara County — what everyone calls “Silicon Valley” — now average just a touch over half a million dollars, according to Broderick Perkins of the San Jose Mercury News. I’m not sure whether to rejoice at the good fortune of folks who bought in San [...]
4Sep2008 | Peter G. Miller | 0 comments | Continued
Is it ever better to rent than to own?
There are at least several cases where renting may be more attractive than ownership. ___ You will be in an area for a short period of time, say five years or less. ___ The local economy is bad and getting worse, employment levels are dropping. ___ Better returns with equal risk are available elsewhere. ___ [...]
27Aug2008 | Peter G. Miller | 0 comments | Continued
Bermuda for the Bermudians!
If you want to find one of the most beautiful places on earth, just head east about 650 miles from North Carolina to Bermuda, officially an overseas territory of the United Kingdom, but in reality a micro-country with it’s own way of doing business. Bermuda is an island paradise with fabulous beaches, wonderful weather, astonishingly-clean [...]
20Aug2008 | Peter G. Miller | 0 comments | Continued
Why Teardowns Rise In Metro Areas
Does it seem like the old neighborhood ain’t what it used to be — especially if the old neighborhood has good-sized lots, smaller homes and rising values? What you may be looking at is an ideal “teardown” area, a community where both demolitions and housing prices are booming. While new homes are bigger, lots are [...]
17Aug2008 | Peter G. Miller | 0 comments | Continued
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