Are Home Prices Slowing Down?
In the last few weeks, we’ve seen a lot of news stories about home prices losing their upward momentum in some U.S. cities. Let’s review what people are saying about home price trends in the United States.Read more
2 Cities Where Home Prices Are Slowing Down
You’ll never guess the city where home price increases have slowed down the most.Read more
Tax Break For Landlords Has Huge Cost For First-Time Home Buyers
This has to be one of the stupidest tax breaks ever. The depreciation tax deduction lets landlords (but not homeowners) deduct about 3% of what they paid for their houses from their income each year. Since they pay less in annual federal taxes, landlords can pay more when they buy rental houses, driving up home prices for everyone.Read more
The Truth About Prices When You Sell FSBO (For Sale By Owner)
Does this tweet from the National Association of Realtors seem at all believable to you? Do real estate agents really sell homes for 30% more than “For Sale By Owners”?Read more
Zillow Zestimate Accuracy Calculator
Thinking of selling your home and wondering what it’s worth? Be careful about falling in love with home value estimates you see online. Some are WAY too high (or way too low).Read more
5 Reasons Home Prices Are Falling In Australia
Australian home prices are up sharply since 2000 but it looks like the tide is turning. Here are 5 reasons why Australia home prices will likely fall over the next several years.Read more
The 0.25% Fed Rate Increase Does NOT Mean Mortgage Rates Will Increase 0.25%
The Federal Reserve increased the federal funds rate (Fed rate) last month and currently many expect they’ll increase the rate another 0.5% by the end of the year. I suspect when most home buyers see a headline that says, “The Fed raised interest rates 0.25%,” they think the 30-year mortgage rate went up 0.25%.Read more
3 Hottest and 3 Coldest Real Estate Markets
It’s easy to compare home price appreciation between the 20 cities covered by the Case-Shiller Home Price Index.Read more
The Untold Truth of Home Appraisals
“You can’t overpay for the house because you’re going to get an appraisal.” That’s what some real estate agents and mortgage loan officers tell their clients but is it true?Read more
Home Price Charts Updated – Case-Shiller
At first, many years ago, I didn’t like the Case-Shiller index. I wanted to see dollars and cents home prices, not an index. The advantage of an index is that it’s easy to compare home price appreciation in two different cities or between your city and the U.S. as a whole.Read more