Since we are in the market for a house, I have been talking to realtors in the area about the general costs and what exactly they are looking for in ideal buyers. Most the the advice is fairly standard (decent credit, down in the back, pre-approved loan), but when I asked about the cost trends in the housing market, I get different answers from different agents.
Some say that the costs are going back up again, as foretold by a 3% jump in the average home price from January to February. Other say that the costs are going down as indicated by the decrease in home sales in the last 3 months. There are varying stories citing varying sources and none of them are of any help really. Even news and real estate sites can give you different stories; and depending on how connected the site is to feeds and the MRLS database, possibly several different versions per day.
I would just like to find a reliable news source that gives accurate information about real estate in my area. If I find something like that Ill let you all know, and if you find something that may be helpful drop a line here please.
-Cheers Mates