Tag Archives: property values

Harvard Economist Predicts Prices Will Stay Low

Harvard University economist Edward Glaeser discusses with Money Magazine where home prices will move next. He argues that older, colder cities are unlikely to come back because their initial growth was tied to transportation costs. Now that few goods are … Continue reading

Posted in Foreclosures, general, Home Buyer Tax Credit 2009, Home Renovations, Housing Market News Update, mortgage, New York Real Estate, Short Sales | Tagged , , , , , , , , , , , , , , , | Leave a comment

Pending Sales of U.S. Existing Homes Rose in October

The number of contracts to buy U.S. previously owned homes unexpectedly rose in October as consumers rushed to take advantage of a tax credit that was due to expire. The index of signed purchase agreements, or pending home sales, climbed … Continue reading

Posted in general, Home Buyer Tax Credit 2009, Housing Market News Update, New York Real Estate | Tagged , , , , , , , , , , , , | 3 Comments