Susan Cleary, The Cleary Group of Remax One

Posts Tagged ‘Housing Market Rise’

Builder’s Warranty to Purchaser

What is a Structural Warranty? August 24, 2015 By 2-10 Home Buyers Warranty A structural warranty provides a written agreement between the home builder and the homeowner and clearly defines the builder’s work-product obligations related to construction quality and continuing obligations. Under the agreement, the builder is the insured and the homeowner is the beneficiary.…

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Millennials can Afford to Buy a Home

The big disconnect The Harvard Joint Center for Housing Studies recently estimated that about 50 percent of the 25- to 34-year-old renters in the top 85 metropolitan areas have the income and credit scores to qualify for a mortgage today. That’s approximately 5.5 million renter households that are qualified for a mortgage today. Approximately 5.5…

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Boomerang Buyers are Back

In the years following the Great Recession, one of the key housing market trends was a rise in foreclosures. Many homeowners acquired financing, only to see the recession kick in and home values plummet. As a result, these homeowners owed more on their properties than they were worth. Millions of Americans lost their homes at…

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Housing Market is on the Rise

In 2012, the national housing market finally turned a corner. We’ve now experienced 13 straight months of home value appreciation. Sales were up significantly over 2011 as buyers returned to the market, boosting demand. So what will 2013 have in store? Here are five things consumers can expect to see in the housing market next…

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