NEW! BP Podcast 019: Starting Out Tips, Short Sales, and Working with Virtual Assistants w/ Tracy Royce

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Share 1 Amateur investors tap 401(k)s to buy homes
from cnn.com — In order to get in on hot housing markets, amateur investors are buying up homes and taking risky measures -- like tapping their retirement accounts -- to fund the deals.

Share Roughly 40% of existing homes sold in the US are sold in the South

— April home sales data show that about 40 percent of all existing homes in the US are sold in the South.  At the current seasonally adjusted sales rate, that’s more than 2 million a year. For decades, the South has had the largest number of housing units and owner-occupied housing units.  As the South’s share [...]

Share Housing is going to lead the recovery. Not so fast, some experts say

— Housing is going to propel the economic recovery, or so many experts have said. Some of them are warning, however, that the enthusiasm should be curbed despite all the upbeat data recently.Robert Shiller, Karl Case and David Blitzer -- leading experts in the housing market -- believe several headwinds will keep a lid on housing gains, such as a low level of new home starts, an unexpectedly slow mi...    

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