On a month-to-month basis, home prices are pulling back a bit, but that’s not necessarily bad news for the housing market since prices in many regions have been shooting up faster than household incomes.
“Pending sales have leveled off since mid–summer, with buyers being bounded by rising prices and few available and affordable properties within their budget.”
Verizon and AT&T, the biggest wireless carriers, haven’t jumped into this price war — at least not yet.
That price shatters the previous record for any single-family home in Miami — $47 million paid by an unnamed Russian buyer for an Indian Creek mansion in 2012.
Now comes the latest salvo in the iPhone 6s price/leasing wars as T-Mobile offers $5 a month with JUMP! On Demand for the iPhone 6s, with an iPhone 6 trade-in.
Since 2005, premiums have grown an average of 5 percent each year, compared to 11 percent annually between 1999 and 2005.
Limited availability of homes on the market is making it difficult for some prospective home buyers to take advantage of low interest rates and downsize — or upsize — after a recovery in property values.
Consumers should do the math to see if leasing an iPhone, or any high-quality smartphone, is the best financial option for their household.
About 5.4 million homes, or 10.9 percent of all U.S. residential properties with a mortgage, were still in negative equity at the end of the second quarter of 2015, meaning that these mortgage borrowers owes more on a home than it is worth.
Trading customers of online brokerages couldn’t place buy orders when the Dow plunged 1,000 points on Aug. 24, and they are letting the likes of Scottrade, TD Ameritrade, and E-trade know how displeased they are over losing out on big stock gains when the market rebounded.