Monthly Archives: August 2012

Luxury Homebuilder Reports Higher Sales, Profits

Toll Brothers, the nation’s largest luxury home builder, reported that its third quarter earnings skyrocketed 46 percent over year ago levels as home buyer demand soars. Earnings rose to $61.6 million in the third quarter compared to $42.1 million a … Continue reading

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Buyer Demand Grows for New Homes

While sales of newly built single-family homes is on the rise, buyers are finding fewer choices as inventory sinks to a new record low, the Commerce Department reported Thursday. New-home sales rose 3.6 percent in July to 372,000-unit annual rate … Continue reading

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Buyers Want a Bargain? Here’s Their Chance!

For home buyers who are looking for a chance to buy low, they may not want to drag their feet too much longer. “Home prices have probably bottomed in most markets,” David Crowe, chief economist at the National Association of … Continue reading

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The top 6 mortgage mistakes

During the 2007-2009 financial crisis, the United States economy crumbled because of a problem with mortgage foreclosures. Borrowers all over the nation had trouble paying their mortgages. At the time, eight out of 10 borrowers were trying to refinance their … Continue reading

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How to get your asking price as the housing market improves

Posting the first annual increase in five years, home values rose slightly over this time last year, reports Zillow, the online real estate site. In fact, nearly one-third of the 157 metropolitan areas tracked by Zillow showed annual price increases. … Continue reading

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Seven simple ways to cut mortgage costs

Do you want to save on your mortgage costs, but not quite sure where to start? You’re not alone, according to Stephanie Moulton, a mortgage expert and public affairs professor at Ohio State University. “It can be hard to know … Continue reading

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4 Strong Reasons to Buy a Home Now

“It’s hard to argue against buying a house now, assuming you can get a loan,” writes John Waggoner, a columnist with USA Today. Sure, Waggoner says that getting a credit check for approval of a mortgage can be a “only … Continue reading

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