Ask A New Jersey Closing Expert

The data shows the housing forecast by the National Association of Homebuilder. The total housing starts are expected to increase in 2009 which is a leading indicator showing that this may be the bottom year of the housing decline. If these forecasts are accurate, there should be a rebound in the housing market with increasing buying and selling activity which will eventually lead to an increase in housing value over the course of the last Quarter of 2009 into 2010. But these are all forecasts, what will really happen is a matter of watching and seeing.

 Ankit Duggal; www.qualitycloser.com

Reference:

The housing crisis is far from being over. Looking over the Economist this past weekend it was visible that the data/ maps used by Mr. Bernanke only seemed to […] Continue Reading…

Home prices declined by 12.7% in the month of February. The market is taking a sharp decline as seen by the market chart above which maps the housing price […] Continue Reading…

 Newsheadlines:

U.S. employers cut payrolls by a larger-than-expected 80,000 workers in March, as the unemployment rate jumped from 4.8% to 5.1%, the highest since September 2005, the Labor Department said […] Continue Reading…

Some gurus have looked at a value of a 50% fall in valuations.

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Managining creidt is a long and sometimes confusing process. There are people everywhere giving contradictory advice. So here is my take on the couple of myths out there that hurt […] Continue Reading…

“What started in subprime is likely to continue cascading into the markets and keep the economy down until 2010, economist Paul Krugman forecasts. Bottom line for homeowners: An average […] Continue Reading…

It’s a terrible market out there but there are still people saying that we should jump in now as the market has seemed to bottom. Are they right?- Maybe. […] Continue Reading…

Well, here are the facts from last week:

The U.S. consumer price index rose 0.4% in January, higher than analysts’ expected 0.3% gain, the Commerce Department said February 20. The […] Continue Reading…

Women control 91 percent of homebuying or remodeling decisions. This finding from a recent Harvard University study caused Doris Perlman, founder and president of Possibilities for Design, a Denver-based […] Continue Reading…