Brad Bradley, a National Park Service firefighter, is planning to move to Virginia where a new job is waiting for him. Unfortunately, he’s having some problems selling his house that actually suffered in the market for a year now.

Brad Bradley was not able to find a decent buyer of the said house which costs $735,000.00 simply because of the poor location that has a depressed real estate and tight credit market. The $725,000.00 house is located in Jackson Hole, Wyoming and is furnished with three bedrooms and two baths. Because of this challenge, Brad Bradley has just decided to put the house on a raffle where he will be selling…

Home prices and mortgage interest rates may have been reduced to record lows but the stringent policy imposed by the lenders make it almost impossible for potential home buyers to get their own homes. But why aim for bigger homes which require more down payment and definitely higher mortgage which is more difficult to obtain these days when you can settle for smaller homes?

Take a look at the smaller homes being built by the Fort Worth, Texas-based company D.R. Horton. Donald Tomnitz, the firm’s chief executive officer, said these homes are not only smaller but they also cost less so they are ideal for first-time home buyers who do not…

The rise in home buying rates is expected to increase when home buyers come out from hibernation this Spring. This season usually a busy time for the residential real estate industry and real estate agents are expecting a turnaround in the housing slump as prospective home buyers emerge from hibernation.

This early you can already observe an increase in real estate activities including dropping of home prices, increasing numbers of open houses and a building inventory. Round Hill Patterns co-founder and managing director Renee Gallagher said the dark times may be over and the activity out there shows that people are finally thinking that it is a wonderful time to buy…