Tag Archives: housing market

Housing market: Are we in for a home price drop this year?

The housing market is going nowhere, and this is affecting new home sales as people shelve their plans to build a new home, that was to be financed from the sale of their existing home.
It looks like this situation will continue as home prices are under pressure to fall further in 2011.

First Home Buyers: Why they are finding it hard to buy a new home and what we have to do to fix it.

Mr Mortgage says that lower future homeownership levels are seen as part of a trend that he feels can be reversed if the root causes are addressed.
What has to happen is that the dream of homeownership needs to be resold to an older first home buyer that is now entering the market, and entry needs to be made easier.

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