Savvy Home Buyer

Where do the 1% Live?

Wednesday, May 2nd, 2012

The Occupy Wall Street Movement has pointed out issues of social and economic inequality in America. As a result of this, wealthy Americans have been in the spotlight and are Read the Rest…

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Weighing the Costs of Walking Away from an Underwater Mortgage

Friday, April 20th, 2012

In today’s real estate market, many homeowners find themselves in a situation where their mortgages are underwater. An underwater mortgage means that the value of the mortgage is greater than Read the Rest…

Housing Starts Decrease

Housing Starts Decline in March

Tuesday, April 17th, 2012

The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for March 2012: BUILDING PERMITS Privately-owned housing units authorized by Read the Rest…

Pending Home Sales Decline

February Pending Homes Sales Down Slightly but Remain Up from Last Year

Monday, March 26th, 2012

Pending home sales were down slightly in February but remain notably above the pattern in the first half of last year, according to the National Association of Realtors®. The Pending Read the Rest…

Housing Starts

Builder Confidence Remains Steady

Tuesday, March 20th, 2012

Builder confidence in the market for newly built, single-family homes was unchanged in March from a revised level of 28 on the National Association of Home Builders/Wells Fargo Housing Market Read the Rest…