Real Estate

Most homeowners feel the need to turn to fixed rate or adjustable mortgages when there is a downturn in the housing market. One great thing about this option is that you will have a stable interest rate as well as monthly payment. In the current market, however, one should put some thought into the process. The [...]

Pricing for homes gone down drastically since May all around the nation. According to the Standard & Poor’s/Case-Shiller 20-city index it has dropped by 15.8% in May a year ago -which is a record decline since it began in 2000. The 10-city index plunged 16.9 percent, its biggest decline in its 21-year history. No city in [...]

The construction of single family home fell in the month of June to the slowest pace that the market has seen in 17 years. The only thing that helped to give them a reprieve was a change in certain New York laws - which helped to increase apartment building. The Commerce Department reported Thursday that construction [...]