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Fastest Growing Real Estate Markets

Despite the housing crisis, there are cities where prices are expected to rise significantly in the coming years. Here are the top 10 cites where analysts for Money Magazines expect price appreciation. McAllen, Texas Rochester, N.Y. Birmingham, Ala. Syracuse, N.Y. Buffalo/Niagara Falls, N.Y. New Orleans, La. Scranton, Pa. Grand Rapids, Mich. Baton Rouge, La. El […]

Evaluating Homes And Neighborhoods

There is an old saying that the three most important things in real estate are: LOCATION!! LOCATION!! LOCATION!! This is a bit of an overstatement, it is true that the location of your home is important from both a buying and future selling standpoint. Recent studies indicate that by a 2 to 1 margin, potential […]

Big-City Home Prices Are Faring Well

America’s largest downtowns have become some of the best places to hide during the housing downturn. Here’s a rundown of home-pricing trends in the central core of a sampling of the country’s largest cities: Chicago The city’s prized Gold Coast neighborhood had record sales prices in the last year, but bargains abound in the city’s […]

Outdoor Decks Grow in Size, Popularity

Even in this tough market, a nice outdoor deck is a feature any home buyer can love. The size of the average deck on an upscale home has doubled in the past 10 years, to about 700 square feet, according to Harvard’s Joint Center for Housing Studies (JCHS). Decks are particularly popular with young families. […]

Expect a Summer Rise in Home Sales

A flat pattern in home sales activity should continue for the next couple of months before improving over the summer, according to the latest forecast by the NATIONAL ASSOCIATION OF REALTORS®. Lawrence Yun, NAR chief economist, said the extent of an expected recovery hinges on better access to affordable loans. “Things are beginning to improve, […]

The First $2-billion Home is Coming

The world’s largest and most expensive home will be completed in January. The 27-story skyscraper in downtown Mumbai, India, will be the residence of Mukesh Ambani and his wife Nita. Ambani, head of Mumbai-based petrochemical company Reliance Industries, is the fifth richest man in the world. The couple who have three children, are custom designing […]

10 Most Challenging Housing Markets

The hardest places to sell homes are those with falling prices and a large inventory of unsold homes. Forbes magazine, which examined markets all over the country, concluded that Florida has the most markets that are really in the doldrums. Several cities there are overbuilt, saddled with lousy loans and flat sales. Jonathan Miller, president […]

Renters Face Their Own Woes

For some, it might not seem like a great time to buy a house, but it’s a dreadful time to rent, especially in the western part of the United States. The average apartment rent through March rose from the previous year in all 19 major Western markets surveyed by the research firm RealFacts, San Jose, […]

What a Home Inspection Should Cover

Home inspections will vary depending on the type of property you are purchasing. A large historic home, for example, will require a more specialized inspection than a small condominium. However, the following are the basic elements that a home inspector will check. You can also use this list to help you evaluate properties you might […]

Take the Stress Out of Homebuying

Buying a home should be fun, not stressful. As you look for your dream home, keep in mind these tips for making the process as peaceful as possible. 1. Find a real estate agent who you connect with. Home buying is not only a big financial commitment, but also an emotional one. It’s critical that […]