Many recent reports indicate the housing recovery is gaining momentum. Read about these reports below to see why how most aspects of the recovery are kicking into high gear.
More homes sold in February than in any February in six years. With a low supply of homes on the market, many cities are experiencing fast sales. Read below to see if you need to get out and buy your home today.
Thinking about selling your home and not having the results you were expecting ? Maybe thinking about becoming a landlord for the first time ? Even though the housing recovery is underway it might be some time till your home sells or till you can break even. With many home owners being underwater, selling now is selling at a loss.
From February 2012 to February 2013, home prices posted their largest annual appreciation in the past 7 years. This was the largest year over year increase since March 2006. Corelogic, the company that produced the report, mentions that March year over year home prices should stay in line with February's record numbers.
Good article on the benefits on putting down 20% or more on a home purchase. There are many factors that can determine what percentage of a down payment you should put toward your home, but this article lists the benefits of 20% or more. Do not be discouraged if you cannot put 20% down on your home purchase there are still great options for people who cannot afford to put 20% down or their circumstances do not allow for them to do so.