If you have been with us for a while on this Cochise County real estate blog you have seen articles on the housing market recovering, the housing market declining and the housing market not changing. There is a plethora of "experts" making predictions.
Realtor.org published an article yesterday ("Real Estate Market FAQs") which led me to their source article in The Wall Street Journal. Going to the original WSJ article, you will find a reasonable attempt to answer the ten most frequently asked real estate questions of today.
James Hagerty, writing for The Wall Street Journal answers the following questions:
- Is the housing market getting better?
- When will housing bottom out?
- What signals should I watch to determine whether my local market is improving?
- How can I figure out the value of my home?
- Does it matter whether I’m "under water?"
- If I lose my home to foreclosure, how long will it take to repair my credit record?
- If I’m renting, is now a good time to buy a house?
- Can I get a tax credit if I buy a home now?
- Can I get a mortgage on attractive terms?
- Should I invest in foreclosed homes?
Click on the James Hagerty link above to see the answers.
Don Grafues
Resource: The Wall Street Journal, James R. Hagerty (11/17/2009)
Resource: The Wall Street Journal, James R. Hagerty (11/17/2009)
