As buyers wade back into the market, there’s plenty of information to be found online. And that may be more trouble than it’s worth. arlier this year, a client asked Troy Deierling, a realtor in Sedona, Ariz., to set up appointments for three homes he’d seen online. Those viewings never happened: In spite of their …
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Case-Shiller home-price index hits new low
Is now the time to buy? An index of home prices in the nation’s largest American cities plumbed new depths in March, pushing past a low set during the worst of the Great Recession. The ominous new drop for the Standard & Poor’s/Case-Shiller index of 20 cities, a key measure that is closely watched by …
Home Prices Edge Closer to 2009 Lows According to the S&P/Case-Shiller Home Price Indices
New York, April 26, 2011 – Data through February 2011, released today by S&P Indices for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, show prices for the 10- and 20-city composites are lower than a year ago but still slightly above their April 2009 bottom. The 10- City Composite fell …
Listing Expired – House still unsold? Part 2: What it takes to sell in todays market
Pricing is a critical element in offering a home for sale, and unfortunately it’s often done wrong. Sometimes that’s the agent’s fault, and sometimes it’s the homeowner’s. We’ll start with the agent. The sad truth is that some agents try to “buy listings” by promising homeowners unrealistic prices. They say they can get a higher …
Mortgage Practices Overhaul Proposed
State and federal officials are pushing to more tightly regulate the way banks and other mortgage servicers treat struggling homeowners in a bid to stem foreclosures. Current government modification programs are largely voluntary, and there are few rules governing servicers’ practices. But on Thursday, the nation’s largest banks, including Wells Fargo & Co., Bank of …
Attention Sellers: The Home Search Process 2010
According to the most recent 2010 Profile of Home Buyers and Sellers, real estate agents and the Internet continue to be the most important resources in the home search process. While the usage of the Internet has increased in the search process, it does not diminish the use of the agent, but rather provides a …
