With the start of the home buying season just around the corner, years of low prices and dashed hopes for the long awaited housing recovery may be changing the way sellers price and prep their properties. More than half (51 percent) of 600 agents in a recent Coldwell Banker survey reported that sellers are more … More Are Sellers Softening Up?
While the recent settlement with the largest banks over robo-signing will help many who are delinquent on their mortgages, an increase in the number of foreclosures is just around the corner. According to this CNN Money article, the banks were holding off on foreclosing on those mortgages that are not salvageable until this deal was … More Mortgage Deal Means More Foreclosures
According to a recent Wall Street Journal article, a majority of Americans believe that this is a good time to buy based on the price declines in housing coupled with the historic lows in interest rates. For sellers, the news , although it is gradually improving, will likely not result in price appreciation for the … More Housing Remains a Buyer’s Market