Real Estate News and Commentary
news, commentary, and opinion
Title VIII of the Civil Rights Act of 1968, better known as the Fair Housing Act turns 50 this year. Title VIII was the culmination of a number of laws that focused on personal rights. Personal property rights are protected in Fifth Amendment of the Constitution. The Civil Rights Act of 1866 was enacted to …
According to the National Association of Realtors 2017 Investment and Vacation Home Buyers Survey (nar.realtor), last year’s vacation home purchases plunged 21.6 percent! Last year’s decline in vacation homes sales comes at the heels of a huge drop in 2015, and has tumbled about 36 percent since the post-recession high marked in 2014. Are the …
There’s no doubt that 2016 was an outstanding year for real estate and the housing market. In fact, National Association of Realtors chief economist Lawrence Yun was reported to say in a January NAR press release (www.nar.realtor) that the 2016 housing market was the best since the Great Recession. There were 5.45 million total existing …
Change is not always easy. Sometimes we choose to change and other times we are forced to change. The Great Recession forced massive change to many aspects of our lives – mostly financial. Many found themselves out of work because of the recession, and many home owners lost their homes to foreclosure; while the rest …
Everyone wants to know the future, especially when it comes to the home sale timing. Home sellers and buyers want to predict home prices. Home sellers want to know the best time to sell. While Home buyers want to know if they’re getting a good price. And apparently there may be a fairly reliable predictor …