May 16, 2011
We hear so much about foreclosures and short sales, but, surprisingly, a clear majority of closed homes are NOT distressed. Equity Sellers: 59% of all closed sales in April were sellers with equity in their homes. With an abundance of short sales and foreclosures, reports of a “shadow inventory” and “upside down” homeowners, and a [...]
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May 15, 2011
For the first time in years, buying a home may beat renting. Home prices have finally dropped enough to create a buying opportunity. Nationally, prices are down 32% from their peak, set in 2006.
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