Posts Tagged: home prices

blank

The Folly Of Timing The Housing Market

It’s hard enough to time investments. Finance theory says it’s impossible and there is plenty of evidence to prove that it can’t be done. So it should come as no surprise that timing a home purchase would be even more difficult. As I’ve said before, I don’t think people should think of a home as… Read more

blank

Will Rising Interest Rates Kill The Real Estate Market?

Understanding the relationship between interest rates and home prices is particularly important now because most people believe that interest rates are heading up in the not-to-distant future. One might quite logically expect that when mortgage rates rise it depresses home prices. After all, most people determine the affordability of a home by looking at the… Read more

blank

Former NAR Economist Comes Clean

I know that this must be a shocker but the former NAR economist, David Lereah, has recently admitted in a Money Magazine interview that he “put a positive spin” on his housing forecasts. Wow! You mean you can’t believe everything the NAR says? Now that he’s no longer getting a paycheck from these folks his… Read more

blank

Stabilized Home Prices The Last Thing We Need

I think Mick Jagger might actually know a bit more about the housing market than our politicians. In case you can’t already see where this is going let me spell it out for you: “You can’t always get what you want but if you try sometimes you just might find you get what you need.”… Read more

blank

Price These Homes

We just launched a new, fun feature on our Web site where people get to demonstrate their real estate prowess with virtual dollars and also help us all get a better grip on home prices in the Chicago area. It’s called Price This Home. This new feature was created based upon three simple facts: When… Read more