The Helen Oliveri Team
News, tips and tricks about the Chicago Area and National Real Estate Market, brought to you by The Helen Oliveri Team of Keller Williams Realty.
ARCHIVED BLOG POSTS
2010
Jan 21st 2010 | WASHINGTON, DC | From The Economist print edition WHEN American house prices finally started rising in June last year, ending a three-year decline, homeowners and economists rejoiced. The steep plunge in values, about 33% nationally from peak to trough, caused widespread damage in...
01/29/2010
Jan. 27 (Bloomberg) -- Sales of new homes in the U.S. unexpectedly dropped in December, capping the worst year on record and signaling the government’s tax-credit extension has yet to shore up demand. Purchases declined 7.6 percent to an annual pace of 342,000, marking the fourth decrease in the ...
01/28/2010
Home sales in the Midwest declined from November to December, but ended the last month up 9 percent from prior-year levels, the National Association of Realtors said Monday. There were 86,000 sales in the 11-state region last month, with a median sales price of $173,600, up almost 4 percent. That...
01/27/2010
SAN FRANCISCO—California's inventory of unsold, previously owned homes shrank to a five-year low in December, in another sign that the state may be coming out of its worst housing slump in decades. The supply of unsold single-family homes dropped to 3.8 months from 5.6 months a year ago and 16.6 ...
01/26/2010
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WASHINGTON – Sales of previously occupied homes took the largest monthly drop in more than 40 years last month, sinking more dramatically than expected after lawmakers gave buyers additional time to use a tax credit. The report reflects a sharp drop in demand after buyers stopped scrambling to qu...
01/25/2010
Although short sales are likely to increase in 2010, the jump in these transactions is unlikely to have any real impact on the housing market, according to a new study by Housing Predictor. While more at-risk homeowners are turning to short sales as an alternative to foreclosure, Housing Predict...
01/22/2010
Although short sales are likely to increase in 2010, the jump in these transactions is unlikely to have any real impact on the housing market, according to a new study byHousing Predictor. While more at-risk homeowners are turning to short sales as an alternative to foreclosure, Housing Predicto...
01/22/2010
Pretty soon, the whole idea of using a computer to search for homes to buy might seem downright quaint. That's because the action has moved to your mobile phone. Of course, you can still sit at your PC or laptop and troll through listings, but real estate industry players know that house hunters ...
01/21/2010
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A national look at the county-level costs levied by Uncle Sam. No one looks forward to the day their annual property tax bill arrives. But those in affluent Westchester County, a suburban swath ofNew York that includes areas like Rye and Armonk , most likely dread it more than most. That's becaus...
01/20/2010
As the temperature drops and the snow piles up, it's easy to forget that spring is quickly approaching. And after more than three years of a painful housing swoon, real estate experts predict that lower prices, attractive mortgage rates, and a tax perk from Uncle Sam will create the most vibrant ...
01/19/2010
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News, tips and tricks about the Chicago Area and National Real Estate Market, brought to you by The Helen Oliveri Team of Keller Williams Realty Partners.