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  • Women Homebuyers

    According to the State of the Nations Housing: 2009 report, compiled by the Joint Center for Housing Studies of Harvard University, social and economic trends have given women a more powerful presence in housing markets. Between 1980 and 2000, the number of households headed by unmarried women increased by almost 10 million." The same study, ...
    Posted to HomeWord (Weblog) by 3492 on November 4, 2009
  • Future Housing Demand

    While the economic crisis has dampened household growth, the sheer size of the echo-boom generation will give a powerful boost to long-run housing demand.Rapid growth in the population under age 45 and over age 65, as well as the rising minority share, will shift the composition of housing demand over the next 20 years. These changes in the ...
    Posted to HomeWord (Weblog) by 3492 on October 6, 2009
  • Coldwell Banker Releases Annual Home Price Comparison Index

    The 2009 Coldwell Banker® Home Price Comparison Index (HPCI) released today found a price gap of more than $2 million between the most expensive and most affordable U.S. housing markets. In the annual comparison of similar 2,200-square foot homes in 310 U.S. housing markets, La Jolla, Calif. led the list as the most expensive real ...
    Posted to HomeWord (Weblog) by 3492 on September 23, 2009
  • Fargo Metro Area Market Report

    Every housing market is unique. This report reflects the Fargo metro area data available through March 2009. Homes are affordable. A smaller share of our income is going to monthly mortgage payments than in the past. The ratio of monthly mortgage payments to income is down and the ratio of median home ...
    Posted to HomeWord (Weblog) by 3492 on August 20, 2009
  • Fargo, ND Home Sales Going Strong

    USA TODAY, Christine Dugas - This spring, as the national economy sputtered, Fargo, ND endured the biggest flood in its history. A double whammy that sent the housing market and local economy into free fall, right? Not so much - the Fargo housing story is not what you might think. After floodwaters receded, the local economy rebounded. By May, ...
    Posted to HomeWord (Weblog) by 3492 on August 1, 2009
  • Low-Ball Appraisals are Causing Problems

    The appraisal process is becoming a major stumbling block for home buyers and sellers.  Realtors® are expressing a variety of concerns:·         Appraisers are being unrealistically overly cautious.·         Some appraisers are using ...
    Posted to HomeWord (Weblog) by 3492 on June 24, 2009
  • FHA Plans to Offer $8,000 Upfront to First-Time Buyers

    U.S. housing officials are working on a plan that would allow some first-time buyers to purchase homes by paying little money upfront. First-time home buyers would be able to put the $8,000 income tax credit towards their down payment on loans backed by the Federal Housing Administration (FHA.) Right now, home buyers must wait ...
    Posted to HomeWord (Weblog) by 3492 on May 20, 2009
  • Fight Inflation: Buy a Home

    Some economic analysts say that the possibility that the economy will go into overdrive and inflation will skyrocket is a much more frightening possibility than the current recession. One inflation hedge nearly all of them point to is real estate. Owning it outright is the best scenario, but if that’s not possible, a low-rate, 30-year fixed ...
    Posted to HomeWord (Weblog) by 3492 on May 5, 2009