Finance Blog
Author Archive for Steve Cook
Steve Cook is managing editor of Real Estate Economy Watch, which was recognized as one of the two best real estate news sires of 2011 by the National Association of Real Estate Editors. Before he co-founded REEW in 2007, he was vice president of public affairs for the National Association of Realtors. In 2006 and 2007, he was named one of the 100 most influential people in real estate. During his 30 years in public affairs, Cook has been a broadcast news correspondent, served two Members of Congress as press secretary and was a senior executive in the world's largest independent public relations firm in Washington and Chicago.
Price is a huge factor for investors and hedge fund groups that are interested in real estate investing. For that reason, many investors turned to purchasing foreclosures in recent years—the properties were discounted, and many were in great locations that were previously cost prohibitive. But…
There’s nothing new about buying homes to rent out or resell at a profit. Residential real estate investing has been part of the American housing picture for generations. After the housing bubble burst and foreclosures started to flood housing markets across the country, real estate…
As the economy improves and more households are created, thousands of new families are looking to enter the real estate market and purchase homes. But for many people, serious barriers stand in the way of buying a home. Because of these obstacles, many of tomorrow’s…
Written by Steve Cook on May 6, 2013
No comments
A major cause of the housing crash in 2006 and 2007 was poorly documented mortgages that should not have been approved. Many of these mortgages ended in default and contributed to the four million foreclosures that cost families their homes and lowered home values by…
Thinking of buying a home this year? If so, the odds are good that you’re noticing a lot fewer homes listed for sale in your market than you may have seen in the past. Listed inventory on the massive Realtor.com site is about 16 percent…
Inventories of homes for sale are so low this spring that bidding wars are breaking out in overheated real estate markets. Rising prices and shrinking supplies are hitting buyers with a double whammy as they anxiously scroll through limited choices to find a house to…
RSS Feeds