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?
you may have heard about the “Texas Miracle” (referring to the state’s economy) but have you seen what affect north Fort Worth has had on it? let me introduce you to Alliance Texas – so far this project has created 30,000 new jobs with 2,400 of them created just in the last 12 months […]Read More have you aligned yourself with alliance?
tired of the doom & gloom media portrayal of the real estate sky falling….crumbling…crashing down? tired of hearing them turn every positive into a negative? need a sign that real estate is rebounding? how about SEVEN of them?? you do? great – then please read on! PENDING HOME SALES according to NAR, pending home sales […]Read More 7 signs that real estate is rebounding
the talking heads, doom & gloom media feel so inclined to paint this ugly “housing double dip” picture for all of America to see….daily nonetheless! let’s look at this from my perspective, shall we? this week’s report on existing home sales showed activity edging down 0.6% to 5.02 million units and data on february’s new […]Read More US pent up housing demand tsunami swelling? yes!
If you know me you know I’ve been talking about a tsunami of housing demand swelling up due to our housing starts being at record lows…..well, here’s ONE more testament to support my theory…banks are holding onto more than 3 million foreclosed homes that they have not yet put on the market with millions more […]Read More tsunami of pent up housing demand continues….in my book!
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