Between 2000 and mid-2007, the median home price soared 64.9% to $229,200. The median income, meantime, rose just 16.6%. For would-be buyers, the math doesn’t work.
By Bankrate.com
One of the worst things about today’s real estate market is that there doesn’t seem to be any silver lining in that big black cloud.
Normally, you’d think dramatically falling […]
Entries Tagged as 'buyers'
Average Joe still can’t afford a home
April 21st, 2008 · Permalink
Tags: buyers · gloom & doom · national
Poll: More Americans staying out of housing market (Houston Chronicle)
April 14th, 2008 · Permalink
WASHINGTON - A growing majority say they won’t buy a home anytime soon, the latest sign of increasing pessimism about the nation’s housing crisis, a poll showed Monday.
In a vivid sketch of how the sputtering real estate market is causing distress throughout the country, the Associated Press-AOL Money & Finance poll found that more than […]
Tags: buyers · gloom & doom · national
Buyers Get Upper Hand In Housing Market (WGAL 8 Susquehanna Valley)
April 10th, 2008 · Permalink
The housing downturn has got real estate agents, buyers and sellers changing their strategies.
Article Source
Bad Housing Market Great Time To Buy (KMGH 7 Denver)
April 10th, 2008 · Permalink
Today’s poor real estate market has buyers and sellers changing strategies.
Article Source
Lender-Owned Homes May Be Bargains, But They’re Hard To Buy
April 10th, 2008 · Permalink
Patience is a virtue, and a necessity, when buying a foreclosed home straight from a lender.
With prices down, real estate agents across the country report that more investors are interested in acquiring properties this way. But it isn’t simple or quick. There is a lot to watch out for, such as many layers of bureaucracy […]
Tags: buyers
