The rate of home ownership in America…..have we hit the bottom??….. It has been falling for nearly a decade and in the fourth quarter of 2014, it hit the lowest level in over two decades at 63.9 percent, according to the National Association of Realtors. The peak for the home ownership rate was just under […]Read More Why is Now the BEST Time to be in Real Estate?
so i keep talking about this housing demand tsunami and you’re probably wondering what i’m referring to (maybe). well, first of all if you know me or have read my articles you’ll know i was born and raised at camp positive. my glass is always half full…..and sometimes its just overflowing with abundance – much […]Read More housing demand tsunami swelling in DFW!
last friday’s jobs number was/is VERY important to our delicate housing market. think about it…..families are not going to buy homes if they’re worried about losing their job AND more existing homeowner’s fall behind as they lose their jobs – especially when they owe MORE than their homes are worth. march (last month) was the […]Read More jobs, NOT rates, NOT tax credits, JOBS will drive a housing market!
the affordability index shows housing is now more affordable than it has been in the past 20 years. how did we get here? according to the case-shiller home price index home prices began to fall in the summer of 2006. overall this decline has been pretty deep with some regions posting a 50% decline. 2009 was […]Read More have you looked at the affordability index for housing, lately??