Market Conditions
U.S. home prices continue record slide E-mail
Market Conditions
Written by Peter Y. Hong, LA Times   

(Feb. 24, 2009) U.S. single family home prices ended 2008 with record declines, continuing that trend for a second straight year, according to a leading index released today.

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The Basics on Lease-Option (Rent to Own) E-mail
Market Conditions
Written by Stephen E. Spira, Esq.   

In today’s real estate market, both buyers and financing are scarce. These market pressures have increased the popularity of alternatives to the purchase and sale of a home, such as lease-options (also known as “rent to own”).

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A short sale's long journey E-mail
Market Conditions
Written by Mary Ellen Podmolik, Chicago Tribune   

With home values falling and a rough economy denting people's wallets, it doesn't take much for a homeowner to get underwater on a mortgage, owing more on the loan than the home is worth. Toss in a personal dilemma or two and the situation can become even more bleak.

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How Market Conditions Affect Interest Rates E-mail
Market Conditions
Written by Quicken Loans   

Ben Bernanke, Chairman of the Federal Reserve, lowers interest rates, so mortgage interest rates should go lower, too, right? Not necessarily. Here are a few reasons why mortgage rates typically RISE when the Federal Reserve lowers interest rates:

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Even now, buying home smart move E-mail
Market Conditions
Written by Gregory Karp, Allentown Morning Call   

Purchasing a home is generally considered a good way to spend money, but is a declining real estate market the right time to buy? How about housing markets where long-term prices have risen slower than average? What if prices already had a big run-up and haven't fallen much?

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