Tag Archives: home values

Underwater Homeowners Sink Deeper, Even as Home Values Rise

The rate of homeowners who owe more on their mortgage than their homes are worth is stalled and even worsening in some places for the first time since the recession, according to a new Zillow report – Home values continue to rise, but negative equity is going up in 21 of the largest 50 housing

HOME VALUES GO UP AS HOME TRANSACTIONS GO DOWN

It is a well known saying that “what goes up also comes down”.  For many years that was not a saying which applied to residential home valuations.  Historically, when the economy was soft, and the housing market experienced a “down market”, that which went down was the number of home sale transactions.   However, even as

THIS IS NOT YOUR FATHER’S HOUSING BUBBLE

Home values have been increasing in some markets so rapidly, recently, that some have speculated that we are creating another “housing bubble”.  Economists say this is not the case.  The cause of rapidly increasing home selling prices, and multiple offers with selling prices going considerably over asking, is inventory related.  The inventory of homes for