Real Estate Articles

Thinking of becoming a first-time homebuyer? There are certainly a lot of incentives to do so right now, including low prices and mortgage interest rates, plus that $8,000 federal tax credit. But are you ready to take that step?

With the recent extension and expansion of the homebuyer federal tax credit, both existing homeowners and first-time buyers are now eligible for a credit. So what do you have to do to qualify?

New housing starts and residential building permits fell unexpectedly in October, dealing a blow to hopes that an improving housing market would help lead the economy out of recession.

A record 47 percent of all home purchases in the past year were first-time homebuyers, according to a new survey of home buyers and sellers by the National Association of Realtors.

So maybe the current low mortgage rates and housing prices have you thinking about buying a home. If you haven't already, you'll quickly find out that part of the challenge is decoding the property descriptions in the real estate listings.
Housing prices still have a way to drop, but should bottom out by the end of the year, according to a new forecast from Moody's Analytics.
Check out the ads in the real estate section of your local newspaper. If you read between the lines, you'll probably sense messages like, "Selling home-desperate!" or "Need to sell home, but can't find buyer. PLEASE!" If you're a seller, there are steps you can take to sell your home in a tough market.