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??
in my opinion rates WILL remain very attractive even as the feds end their $1.25 Trillion (yes, with a T) mortgage back security program. as long the feds do not begin to sell off their portfolio AND private money enters the mortgage bond market to pick up where the feds left off AND inflation remains […]Read More will low rates last EVEN as the feds stop buying mortg bonds?
There’s a lot of bad news about foreclosures and home sales these days, but for people in a good financial position it could be a good time to buy. For home buyers in good financial shape, this could be the best season in years. The federal tax credit – up to $8000 for first-timers, and […]Read More Housing Market Could See Beginnings Of A Rebound