CBS Evening News, 7/18/2013 Source: Link Did you hear the key points in the above video? 1) Housing prices have increased quickly. 2) First-time home buyers are finding it difficult to get into the housing market. 3) A home in Glendale, CA sold for $110,000 over the asking price. 4) “Right now the economy is […]
Tag Archives: Housing
What’s Really Happening With Housing
This past Wednesday the Mortgage Bankers Association issued its weekly report on mortgage applications. As can be seen in the first table in the above graphic, all of the MBA’s metrics were down for the week ending 5/17/13, and the numbers follow equally large declines for the previous week. However, the report released on Thursday […]
Outsiders Sometimes Know Best
After posting my last article, I decided to go back in history to locate some information that I thought would be pertinent for this particular moment in time. I decided to do so because I felt very strongly that it would be important to provide readers with certain reminders, especially given that: “Those who cannot […]