Market Statistics for November
Albemarle / Charlottesville Marketing Statistics through November, 2009. To view Statistics, click on READ MORE
Bob Shiller didn’t kill the housing market
By Katie Benner, www.money.cnn.com, July 7, 2009
NEW YORK (Fortune) — It’s noon in New Haven, and Yale economist Robert Shiller and I are leaving his office to walk down the block for pizza. It was a damp morning, but now the sun is breaking through the clouds. “Do we need an umbrella?” he asks. I say I don’t think so. But a few steps outside his office, he turns around to get one. “It’s better to be safe,” he says. READ MORE
Homebuilders: ‘Best conditions in a lifetime’
By Julianne Pepitone, CNNMoney.com contributing writer. www.cnnmoney.com, May 18, 2009: 1:04 PM ET
Homebuilders’ confidence rose in May – the second consecutive month – boosted by first-time homebuyer tax credits and a more affordable housing market, according to a report released Monday. READ MORE
How to nab a low-rate home loan
Carla Fried, Money Magazine, April 17, 2009: 11:52 AM ET, On paper it seems like the perfect time to refinance. The average rate on a 30-year fixed mortgage recently hit a 20-year low when it fell below 5% in mid-March. READ MORE
Mortgage applications surge 30%
March 25, 2009: 7:28 AM ET, NEW YORK (Reuters) — U.S. mortgage applications jumped last week as record low interest rates spurred a surge in demand for home refinancing loans, data from an industry group showed on Wednesday. READ MORE
Betting on a housing recovery
By Paul R. La Monica, Last Updated: March 25, 2009
NEW YORK (CNNMoney.com) — Has the housing market finally hit bottom? It’s probably too soon to say, but Wall Street sure seems to think so. READ MORE
Money 101- Buying a Home
www.cnnmoney.com
1. Don’t buy if you can’t stay put.
If you can’t commit to remaining in one place for at least a few years, then owning is probably not for you, at least not yet. With the transaction costs of buying and selling a home, you may end up losing money if you sell any sooner – even in a rising market. When prices are falling, it’s an even worse proposition. READ MORE
Existing home sales spike 5%
By Ben Rooney, CNNMoney.com staff writer, March 23, 2009
Sales of existing homes unexpectedly rose in February, recovering from a sharp drop in the previous month, according to an industry report released Monday. READ MORE
9 tips for buying a foreclosed home
By Jeanne Baron, CNN.com
A tide of foreclosed properties has been sweeping into the beleaguered housing market, bringing down property values, dislocating families, and sending municipal governments scrambling to manage the crisis. READ MORE
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Jeff Gaffney,
Chairman & CEO
Better Homes & Gardens Real Estate III
