There is an interesting post over at Seeking Alpha today about the average date you would have had to have purchased a home in any of 20 metro areas around the country to have made money given the recent setback in home prices.
I’m sure its not terribly accurate, its all about average home prices afterall, but [...]
Posts under ‘Real Estate’
Real estate profitability dates from 20 US Metro areas
Analysis of home mortgage refinancing options
Recently, the time came for me to refinance my house to lock in a longer term interest rate. I bought my house on a three year interest only adjustable rate mortgage (ARM) and my interest lock was ending so it was time to find another mortgage. I had entered into the property with 100% financing [...]