Guy Adams's (guyadams) Blog

The one factor that would certainly push up demand for homes is increased employment, but many analysts are now predicting that employment won’t revive significantly until 2011. This doesn’t bode well for the immediate recovery of the housing market. "If you're looking for a silver lining in hou...

Now could be a great time for home buyers to find a great deal on a condominium. Here are three things that potential buyers of condos should consider: 1. Is this condo likely to fall further in price? Part of the answer is in falling or rising local inventory – even if sales have picked up rece...

Following a surge driven by the home buyer tax credit, pending home sales fell with the expiration of the deadline for qualified buyers to sign a purchase contract, according to the NATIONAL ASSOCIATION OF REALTORS®. The Pending Home Sales Index, a forward-looking indicator, dropped 30.0 percent...

Can Social Media Help Revive Real Estate? More real estate professionals are using social media sites in the hopes of generating new business. Move Inc.'s Top Producer Systems recently launched its Top Producer 8i product suite for practitioners that, among other functions, integrates with Facebo...

One of the most common questions form home owners is "When is the right time of the year to sell?" Is there one time of the year that is better than another?The first answer is that there are more buyers looking in the spring and summer, especially in the northern states where cold weather and sn...

I'll never understand the mentality on which Capitol Hill lawmakers work. I mean, I "understand" it, but I just don't "get" it. How can representatives whom we elect to do our bidding, to speak for us and look out for our best interests, turn around and leverage the needs of some people in a call...

    Whether you are a first-time/repeat home buyer or an investor, a short sale can be a great option for you and knowing about the short sale process can help make it a successful experience. The major differences between a short sale and a regular home purchase transaction is that short sales w...

The number of applications for mortgages to purchase homes continued to decrease last week, down 3.3 percent compared to the previous week on an adjusted basis, according to the Mortgage Bankers Association weekly survey. On an unadjusted basis, the purchase index declined 3.8 percent and was do...

House Approves Tax Credit Extension The U.S. House on Tuesday agreed to give home buyers until Sept. 30 to close on eligible properties and still qualify for the home buyer tax credits. The current deadline requires buyers to close by June 30 in order to qualify. The Senate must still approve the...

Online foreclosure marketplace RealtyTrac reported today that homes in foreclosures accounted for 31 percent of the residential sales in the first quarter of 2010. The average sales price of these properties was nearly 27 percent below the average sales price of properties not in foreclosure. Re...