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Thirty-Nine Years of Home Price Gainsby Lawrence Yun, Senior Forecast Economist, Managing Director of Quantitative Research at the National Association of REALTORS®  Despite all the news headlines over the past year about the housing market bubble and housing market slump, the final figures for 2006 actually look quite respectable. Home prices squeaked out a gain of 1.1% for the year. That means that in our 39 years of tracking sales and prices, each and every year has posted positive home price growth. Existing-home sales in 2006 posted 6.48 million units – an 8.4% decline from 2005, but still the third best year on record. The more cyclical new home sales fell by 17.3% to 1.06 million in 2006 for the fourth best year on record. All in all, not that bad. | US stock prices continue on the roller coaster ride Don't be surprised if the paper market continues a trend of over evaluation. Adding real estate to your portfolio should be a priority in 2007.
My favorite source for security investing is my broker. The greatest asset any investor can have is a great broker who knows your short and long term goals. My Broker knows my goals and has made sure my overall investment strategy supports those goals. If you cannot totally trust your broker, I suggest you find one that you can.
The same is true in real estate. You need an agent who knows the market and listens carefully to help you itently what and how you want to invest. For investment news, check with your broker of check out the Wall Street Journal on-line
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| The Raleigh/Cary Area
continues to be a good home investment in the South. Existing-home sales in most states declined from year-ago levels in the fourth quarter, marking the likely bottom for the current housing cycle, according to the latest quarterly survey by the NATIONAL ASSOCIATION OF REALTORS®. Prices dipped slightly overall, as sellers were more willing to negotiate. The rest of the Story...
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| |  Where are the Zero Down Mortgages
Countrywide Financial Corp. has instructed its brokers to no longer offer zero-down mortgages as an option for borrowers. The rest of the Story... | For the latest News about your real estate get the best possible information. In our market today we have many professionals who are very good at what they do and they all say they are the best. If they are all the best, i wonder who is the best of the best. For complete details including real time nets and "Rollover Nets" there is only one who can provide that. 
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