Potential home owners should be jumping for joy. Not only are home prices at all time lows, but so are the mortgage rates, meaning that affordability has risen dramatically. Historically, variable mortgage rates have typically been lower than fixed rates, however, the long term rates have come down so much that it is worth a …
Overall, 2011 was a relatively quiet year for U.S. home prices compared to the last five years,” said Dr. Alex Villacorta, director of research and analytics at Clear Capital. “With national prices down a little more than two percent for the year and sitting at their lowest point since 2001, our projections show that the …
The depression of the current U.S. housing market is still eerily with us despite all time lows for mortgage rates and that in the United States, it is cheaper to own a home than to rent a home. The key missing feature is banks are not lending to anyone – and this seems doubly so …
Even in a city that has embraced so many waves of Latinos that it is jokingly referred to as the only South American capital in North America, no one group has been as courted and pampered as the Brazilians. How popular is it? There are now 52 flights into Miami from 5 different cities in Brazil, $1.2 …
Does this sound against the grain for you? The Federal Housing Administration (FHA) is funding flips? The very thing that was a large contributor to the current housing problems. The answer is a bit more detailed than that and it will not be forever. The FHA has only extended this exception till the end of 2012 …
The National Association of Realtors – NAR – is the largest real estate organization in the United States, comprising of 1 million realtors across all of the nation. They have some of the best data any organization can collect on the housing market, and they have released their 5 suggestions to help the housing market get …
Usually the most popular places that people want to move to, or visit in Florida, revolve around places like Boca Raton, Miami, Fort Lauderdale and Naples. It is time for you to add another name to that list – Sanibel Island Well, it just ensures that I’m going to be able to stay here for …
In what some may view as a re-assuring article, we still have a mixed bag of goods. THE GREAT NEWS Consumers slashed credit card debt by 11% in just a single year. That is quite the accomplishment and is welcome news as people rebuild their credit, and eventually use their recovered credit score for mortgage …
Viva Las Vegas! In essence, the ‘Sin City’ of the USA. Beyond the Las Vegas Strip, however, this is a land of warm weather, lots of sunshine, and only 10 days of rain per year. The cost of living in the area is cheap compared to the North East United States and Canada, and it …
No one person, company, organization, or country exists in a vacuum from the rest of the world. The U.S. Property Shop is no different and the same goes for the United States of America. Across the Atlantic Ocean, there lies in plain site, $1 trillion of debt that European countries will need to service this year …
