Tag

cost of housing

Things That Make Housing More Expensive

Real Estate Pop Quiz Quick, which of the following items make housing more expensive? A. Higher interest rates; B.  Limiting (or eliminating) the mortgage interest deduction; C.  Less capital for funding mortgages, due to a shrinking role played by Fannie Mae and Freddie Mac (the so-called Government-sponsored enterprises); D.  Requiring Buyers to put down 20%....
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Turning Back the Clock . . .

. . . on Housing Prices Yes, I’m aware that it’s “Spring Forward, Fall Back” — and that everyone needs to set their clocks one hour ahead this Saturday night. However, the clock (at left) refers to housing prices:  depending on the market and neighborhood, on average homes now fetch what they did 6-8 years ago (or...
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