Episode 96: How to Survive the Bad Housing Market, Feb 7, 2012. The housing market has been pretty cruddy for several years now but there are good signs of improvement. Today I interview my friend and realtor Kim Werla about the state of the real estate market at the local and national level. Kim …
Real Estate
Home Buyers: Do you Feel the Power?
Home Prices Dropping Again I happened to be talking to a realtor friend of mine this morning. She mentioned that home prices in our area declined 10% in the last year. In fact, they've declined 10% each year for several years in a row. That puts homes in our local market at 2002-2003 price levels. …
Should you Walk Away from your Mortgage?
Letting go when you're upside down on the house Wow, isn't this a hot topic lately? With home values dropping like a rock over the past few years, many homeowners are finding themselves upside down on their homes. As a result, increasing numbers of homeowners are finding the prospect of paying more …