Right now U.S. real estate is cheap, from the perspective of a foreign buyer, which may mean more international purchases this year. Palm Coast, FL – April 29, 2011 – The U.S. dollar has been weakening for the past two years and the depreciation could continue for the remainder of the year. The dollar is weaker […]
Apartment rents have steadily risen and are likely to accelerate a bit this year. Palm Coast, FL – March 11, 2011 – The graph below is the national rent index (blue) as measured by the Consumer Price Index and the home price (red) is the national median price from the National Association of Realtors®. Both […]
Homeowner wealth has declined. The median net worth – the value of everything owned minus everything owed – for a homeowner is estimated to have fallen from $230,000 in 2007 to about $170,000 in 2010. Palm Coast, FL – March 8, 2011 – We’re one month (and some) into 2011, and it’s already been an […]