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When I received my tax bill I was not surprised that my primary resident assessment dropped significantly. My husband looked up to me and asked whether its a good news or bad news. With a pause I can understand its great news if you are not planning to sell your home but not exciting news if you are planning to sell. According to Washington ...
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By Kenneth R. Harney
Saturday, January 6, 2007; F01
What's the shape of a post-bubble, post-correction real estate market? And more to the point: What does that mean for you?
Those questions are becoming increasingly relevant as the latest sales data show a small but unmistakable uptick in activity and declining unsold inventories. ...
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The year will end with existing-home sales 9 percent lower than in 2005 and home-price appreciation closing out the year essentially flat. The more cyclical new home sales are projected to finish the year 18 percent below that of last year, and post a reduction in prices.
But there is good news: the market has essentially already bottomed. The ...
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There are reasons to be optimistic about real estate next year, a BusinessWeek Online analyst says. New and existing home sales might slide further in 2007, but there won’t be a sharp decline like there was in the early ‘80s and ‘90s. Why? Because the overall economy is in good shape. Some markets will become much more ...
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