General

General

Up For Auction, Michael Jordan’s Chicago Home

As the best player ever in the NBA, Michael Jordan didn’t rely on any gimmicks. But as the owner of a superlative, museum-quality home just north of Chicago, Jordan has realized that it’s going to take a little more than a the typical “For Sale” sign to find the right buyer for his
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7 Things To Do You Want to Buy or Sell in 2013

True Confession: I set a handful of New Year’s Resolutions every single year. Why? They work for me - I’ve got probably a 75 percent success rate. Some of this is in the science of setting the Resolution the right way in the first place, including the preparation. Here’s my secret: I
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5 Types Of Buyers Will Be Rushing Into The Housing Market In 2013

With the housing market bottoming in 2012, economists and other experts are becoming increasingly optimistic about the U.S. housing market in 2013. From John Burns Real Estate Consulting: "Assuming our leaders in DC come to some sort of agreement that keeps the economy growing and interest rates
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J.P. Morgan Says in 2013 Home Prices Could Jump 9.7%

Home-price forecasts for 2013 are on the rise. J.P. Morgan Chase & Co. expects U.S. home prices to rise 3.4% in its base-case estimate and up to 9.7% in its most bullish scenario of economic growth. Standard & Poor’s, which rates private-issue mortgage bonds, on Friday said it expects
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Biggest Annual Jump in Two Years on Home prices

The recovery in the housing market continues to pick up steam, as home prices posted the biggest percentage gain in more than two years in the latest reading of the closely followed S&P/Case-Shiller index. The index showed prices up 4.3% in October compared to a year earlier. That's the best
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Beating expectations, pending home sales are on the rise

Contracts to buy previously owned U.S. homes rose more than expected in October, a sign the housing market recovery advanced into the fourth quarter despite a mammoth storm and concerns over looming tax hikes. The National Association of Realtors said on Thursday its Pending Home Sales Index,
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12 Straight Months of Increases in Home Values

National home values rose by 1.1% in October from September, the largest monthly gain in seven years, according to a report released Wednesday by Zillow, the online real-estate information company. It’s the first time housing markets have posted 12 straight monthly gains in the Zillow survey
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Mortgage rates are falling to record lows again

NEW YORK (CNNMoney) -- The nation's extremely favorable mortgage rates sank even lower this week, setting records for both the 30-year and 15-year fixed rate loans. The 30-year fell to 3.31% from 3.34% last week, according to Freddie Mac (FMCC, Fortune 500), the government controlled mortgage
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Home Owners Feel It’s a Good Time to Sell

Last month the largest percentage of Americans since the housing bust said they believe it’s a good time to sell a house, according to the latest Fannie Mae National Housing Survey. Results from the survey show Americans’ optimism about the recovery of the housing market, and that
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A Housing Boom Could be Coming

NEW YORK (CNNMoney) -- The long-battered housing market is finally starting to get back on its feet. But some experts believe it could soon become another housing boom. Signs of recovery have been evident in the recent pick ups in home prices, home sales and construction. Foreclosures are also
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