Category Archives: Real Estate News

Foreclosure Discounts Drying Up

As more investors vie for fewer foreclosed properties, prices are going up and great deals are getting scarce. Buyers of bank-owned homes in September got a 7.7 percent discount versus the same home in a non-distressed sale, according to a … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Housing Still Precarious in Obama’s Second Term

The housing market is on the slow road to recovery. Home prices in the last three months rose in 120 out of 149 metropolitan markets surveyed by the National Association of Realtors. Compare that to just 39 rising metros a … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Election and Housing: Is Your Home’s Value Better Off?

Are we better off today than we were four years ago? That is the constant question on the eve of yet another tight presidential race. From the perspective of home prices, the answer is, as always, it depends on where … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

What Today’s Jobs Report Says About the Housing Market

Any jump in jobs is good for housing, and October’s gain of 171,000 is no different. One of the biggest barriers to entry for potential home buyers, new and move-up, has been uncertainty in employment. So this positive report can … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Homeowners Hit by Sandy May Save Thousands of Dollars

The fact that Hurricane Sandy was downgraded to a “Post-Tropical Cyclone” before it made landfall on the East Coast will save homeowners potentially thousands of dollars in home insurance deductibles.  New Jersey’s Department of Banking and Insurance Acting Commissioner Ken … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment