Home Prices Are Finally Falling: How Low Will They Go?
Getty ImagesFor the past year, real estate experts, pundits, and that guy you sat next to at the bar/bus/movies have been saying that home prices are poised to drop after several years of previously unthinkable gains.But now that home prices are finally coming down, just how low will they go? That’s
$7.3M Spanish Revival Estate in Santa Fe Is Publicly Listed for the First Time in a Century
Realtor.comFor the first time in its 100-year history, the one-of-a-kind Spanish Pueblo Revival home at 185 Brownell Howland Road has hit the market in Santa Fe, NM. The pretty property was listed at the end of May for $7,300,000.With five bedrooms and six-baths, the estate was originally built in 1
A Drop in Equity Doesn’t Mean Low Equity
You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how this has played out recently. H
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