This Month in Real Estate February 2013 has been released! Home sales activity was at a pace of 4.9 million, slightly down from the 5 million pace we saw in This Month in Real Estate January 2013. The median home price remained the same as January at $181,000. The average interest rose slightly to 3.38%, [...]
This Month in Real Estate January 2013 has been released! Home sales activity remained a pace of 5 million, which is up from the 4.8 million we had seen in October, November, and This Month in Real Estate December 2012. The median home price also rose, up $2,000 from December to $181,000. This number is [...]
This Month in Real Estate December 2012 has been released! Home sales activity remained a pace of 4.8 million, which is the same pace as we saw in both October and also This Month in Real Estate November 2012. The median home price dropped $5,000 to $179,000. Last month's median sale price of $184,000 had [...]
This Month in Real Estate November 2012 is out, and Jay Papasan has returned! Home sales activity remained a pace of 4.8 million, same as we saw in This Month in Real Estate October 2012. The median home price dropped $3,000 to $184,000. Freddie Mac reports that the average interest dropped to 3.37%, a remarkable [...]
This Month in Real Estate October 2012 has been released. First, home sales activity rose to a pace of 4.8 million, up again from 4.5 million in September. The median home price remained the same at $187,000, as we saw in This Month in Real Estate September 2012, It is an over 9 1/2% increase [...]
This Month in Real Estate September 2012 has been released, and Jay Papasan has returned! First, home sales activity rose to a pace of 4.5 million, up from 4.3 million in August. The median home price dropped $2,000 from last month to $187,000, as we saw in This Month in Real Estate August 2012, but [...]
This Month in Real Estate August 2012 has been released! Homes sales activity dropped to a pace of 4.3 million, down from 4.6 million in June and July. The median home price rose $1,000 from last month to $189,000, which was a large jump from June, as we saw in This Month in Real Estate [...]
This Month in Real Estate July 2012 has been released! Homes sales activity remained at a pace of 4.6 million, as we saw last month. The median home price jumped a large number to $188,000 from $177,000 as seen in This Month in Real Estate June 2012. Last month had been a large jump as [...]
This Month in Real Estate June 2012 has been released! Homes sales activity rose to a pace of 4.6 million from the low of 4.48 million last month. The median home price jumped a large number to $177,000 from $164,000 as seen in This Month in Real Estate May 2012. Freddie Mac reported that the [...]
With all of the discussions about the low interest rates coupled with the low house prices, a question keeps popping up, "Is this the best time to buy a home?" The answer to the above question depends on your personal situation, but a better question that may be answerable is, "Is this the CHEAPEST time [...]