Search Results for: blog home prices are steeply falling

Quick Ways to Boost the Value of Your Home

The news for reselling a home is pretty depressing. Sales of existing homes are at their lowest point since the 1996, and home values are dropping faster than ever. But sometimes you just need to sell your home, and there is nothing else to do. If you are in this situation, or if you just want to boost your home’s value for a possible refinance, there are some smart moves that you can make. While redoing the kitchens and bathrooms are always a plus, they are expensive and time consuming. Instead focus on some quick tips that will pay off. … Continue reading →

Should You Get A Home Equity Loan?

If you have built up a good amount of equity in your home, you might be considering taking out a home equity loan, but is this a good idea? First, think of a home equity loan, also sometimes called a home equity line of credit as an investment tool. If you will be using the money in order to make a significant improvement to your home that will increase it’s value, then this is probably a good investment. A good example is if you remodel your kitchen or adding on additional square footage to your home. These things will generally … Continue reading →

Buy a Home for $1.75

It seems that the housing crisis has made some interesting news lately. While auctioning off homes is nothing new, especially with the rash of foreclosures that have been happening, and auctioning off homes on eBay is still not surprising, getting an entire house for only $1.75 is something noteworthy. The Saginaw News of Saginaw, Michigan is reporting that a Chicago woman won an eBay auction for a home. There were eight bids in total. Of course, the home will actually cost the woman a bit more than the $.75. She has to pay an additional amount of approximately $850 for … Continue reading →

Home Swapping Instead of Home Selling

With more and more homes remaining out on the market for longer periods of time, desperate homeowners who want to move are looking into alternatives to getting their home sold the traditional way. One of these way is through home swapping, trading an existing home for someone else’s existing home. Even developers and real estate agencies are looking into home swapping in order to get their new homes sold. In the case of developers, the home swap is more like a trade in, just as if you were trading in an old car for a new one. While home swapping … Continue reading →

Home Week in Review: July 28th Through August 3rd

What makes a house a home? Is it the little decorating touches, the noises of little feet stomping down the stairs in the morning or the feeling that when you enter your home you’ve left the world behind? However you define your home, you’ll find lots of ways in the Home Blog to personalize it and keep it cozy and safe. Here is a review of last week’s articles. July 28th When Remodeling, Consider the Neighbors If you are planning a remodeling project, it is important to consider the neighbors. No, not because they might complain but because their home … Continue reading →

Home Prices Are Steeply Falling

How would you feel if you knew that your house was worth less now than it was eight years ago? If you live in Detroit or one of the other areas that have been the hardest hit by falling home prices, then this scenario could be reality. In truth, home prices fell their steepest rate ever since the Standard & Poor’s/Case-Shiller 20-city index has been keeping track of housing prices. The 10-city index, which has been keeping track of prices for 21 years, also showed the steepest decline in history. Overall, housing prices dropped 15.8 percent when compared to last … Continue reading →