SUPPLY AND DEMAND IN HOUSING

Some Highlights: The concept of Supply & Demand is a simple one. The best time to sell something is when supply of that item is low & demand for that item is high! Anything under a 6-month supply is a Seller’s Market! There has not been a 6-months inventory supply Read More

MORTGAGE MYTHS

For the good and bad of it (and there is both a bad and good side to this), home mortgages require only 3% down and as low as a 580 FICO score to qualify. Great news for credit worthy but cash starved buyers; maybe bad news for the health of Read More

REAL ESTATE VALUES TODAY

Interesting and timely topic as people balance the risk of buying a house against the risk of another “BUBBLE COLLAPSE”, like we hit after 2007. Looking at the actual statistics gives a more calming picture. For example, in Delaware County, prices of single family houses peaked at an average price Read More