Real estate blog entries tagged with housing inventory

Blog entries tagged with "housing inventory":

housing inventory: How's The Denver Housing Market? - 08/20/08 08:07 PM

Everybody is very interested in the current real estate market, whether it's investors or the media. Stories abound at the good and bad in the marketplace. The government passed a huge housing bill to help homeowners with the potential short term financial crunch that exists. The bill will basically give homeowners … (1 comments)

housing inventory: June Culpeper Foreclosure Sales - 07/18/08 02:00 PM

The Culpeper numbers showed a healthy jump in sales year over year. I've been wondering what made up those numbers and so decided to do some additional analysis.
38 out of those 57 sales were foreclosures. That's two thirds of those sales.
While an increase in sales and a decrease … (0 comments)

housing inventory: The Week in Review Wilmington NC July 5 2008 - 07/05/08 05:57 PM

The Week in Review
......your Wilmington Connection
July 5, 2008
I hope everyone had an enjoyable 4th of July. The weather was trememdous with a great breeze and gorgeous sunshine. The fireworks sent us all home with stars in our eyes. Many visitors were in awe of the Wilmingon area, I … (0 comments)

housing inventory: Glen's Numbers June 30th, 2008 - 07/04/08 10:57 AM

There's 2 things that stand out; 1) we're seeing some improvement and 2) the influence that REO's have had in our markets.
I usually speak about the relationship between actives and pendings as being an indication of markets, just as months supply and median price comparisons give us a clue … (0 comments)

housing inventory: Over the Horizon, a Housing Recovery - 06/23/08 12:43 PM

Aan article from CNNMoney.com, reports that according to a new study from the Joint Center for Housing Studies of Harvard University, "The State of the Nation's Housing 2008," the country is poised to see an increase in housing demand over the next decade. Nicolas Retsinas, director of the Joint Center for Housing Studies and … (0 comments)

housing inventory: May 16th Rate update - House Starts / Building Permits - 05/16/08 07:52 AM

The bond market had a nice close to the day yesterday up 72 bps on the day but above key level of resistance. In order to confirm that rise we needed some momentum going into today's open. Well we did not get that and we are slightly below that level of … (2 comments)

housing inventory: Seattle Housing Inventory - 03/25/08 04:03 PM

Ok, for those of you that hate stats, look away. I have to admit that I love looking at numbers and staying current on market trends. Toward that end, here are inventory number in months for various neighborhoods. All of the numbers are Feb '07 vs. Feb '08 according to the … (3 comments)

housing inventory: Amarillo and Canyon Housing Inventory Report - 03/06/08 12:22 PM

Housing Inventory is still low for lower priced homes in Amarillo and Canyon. Months of inventory that is less than 5 months is considered a Seller's market. Months of inventory between 5 and 7 months is considered neutral market and above 8 months is considered a buyer's market.
… (3 comments)

housing inventory: SF East Bay Housing Statisitics & REO Surprise - 01/18/08 07:17 PM

It seems that every day now, we see more and more properties for sale that are listed as REO (Bank Owned Foreclosures), and/or Short Sales.
Our team, has always run numbers as a means to better understand our markets. We researched the EBRD multiple listings service, following a conversation that we had … (1 comments)

housing inventory: Are Builders Being Stupid or What? - 12/28/07 11:11 AM

The figures on new home starts came in today 9% below a month ago. Available inventory of new homes also went up. This last factoid got me to thinking....What the hell are the builders thinking? Are there still some builders out there building spec homes? Did that many deals die, leaving … (9 comments)

housing inventory: Economy.com Predicts Increased Sales in DC - 12/04/07 01:37 PM

"To find those areas which are expected to experience increased sales, Forbes paired with Moody's Economy.com to research current home sales patterns and sales projections in the country's 40 biggest real estate markets. Based on models that estimated 2008 housing inventory, sales rates and turnover, they arrived at a list of … (1 comments)

housing inventory: Low Lubbock Interest Rates - 11/29/07 03:00 PM

WOW! Can you even believe that our interest rates have dropped so much? A loan officer just told me that FHA loans are around 5.875 and Conventional at 6.125. WHAT A GREAT TIME TO BUY THAT NEW HOME, INVEST IN RENTAL PROPERTY OR SELL THAT HOME YOU HAVE BEEN WAITING TO … (0 comments)

housing inventory: Homes in Orlando become more affordable - 11/02/07 03:08 PM

According to Orlando Regional Realtor's Association, The median price of a home in Orlando fell to $235,000.00 in October. That is a 3.69 percent decrease from August 2007. This is good news as the affordability index increased by more than 7% to 92.4%. What this means to you is that if … (0 comments)

housing inventory: Interest Rates Fell, Where Are All The Buyers? (continued) - 09/28/07 08:56 AM

In my last entry I spoke about how the availably of loans has dramatically impacted the housing market. The explosion of the "sub prime" market fueled the explosion of buyers, dramatically increasing the number of buyers. But now many of those loans are unavailable, decreasing the number of buyers and slowing … (3 comments)

housing inventory: Contra Costa & Alameda County Housing Months Supply by City - 09/13/07 10:15 AM

This is a revision from the July Post as an update for what the months supply is doing on a city by city basis for Contra Costa & Alameda Counties.
What is months supply? Basically, months supply is the ratio of inventory to sales. And what it tells us is how many … (0 comments)

housing inventory: Glen's Market Data - Months Supply - 07/10/07 08:50 PM

This is a revision from the May Post as an update for what the months supply is doing on a city by city basis for Contra Costa & Alameda Counties.
What is months supply? Basically, months supply is the ratio of inventory to sales. And what it tells us is how many … (0 comments)

housing inventory: Housing Starts...and Incentives? - 06/19/07 03:05 PM

"The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for June reported that builders' confidence in the market reached the lowest point in over 25 years." See link below.
No big surprise, since the housing market is causing a lot of anxiety. Additionally, the current mortgage market is contributing … (1 comments)

housing inventory: More Bad News for Mortgages - 06/12/07 04:00 PM

From the AP: "Shares of banks declined along with the broader markets Tuesday, as concerns flared again that higher Treasury note yields could cause the Federal Reserve to raise interest rates. Higher interest rates could make it more expensive for both individuals and business to borrow money, reducing activity from mortgages … (0 comments)

housing inventory: Housing Slump Expected to Continue - 06/06/07 02:47 PM

Since I work with builders and developers regularly, the "predictions" on the housing market (for what they're worth) are always of interest. Fed Chief Bernanke is now saying that the housing slump will last longer than previously thought, but that the slump is easing. In fact, just yesterday BusinessWeek.com reported Bernanke as saying … (0 comments)

housing inventory: MUST SEE VIDEO (news, not solicitation) - 05/30/07 01:17 PM

If you're interested in the housing market (aka "slump"), you should watch this video. The prediction from David Seiders of the National Association of Home Builders is that the home construction bust may last until 2011!Here's the link: http://player.clipsyndicate.com/main/player?playlist_id=156&clip_id=668810&cpt=8&Also from the video, the reporter stated that the number of unsold homes … (4 comments)

housing inventory: Weekend News - 05/25/07 05:13 PM

It's safe to say, heading into the weekend, that the housing and mortgage markets are still in disarray. As reported by Reuters, mortgage apps are up. Good news, right? Not so fast...the news comes with this caveat: "borrowers are having a tougher time getting mortgages and lenders have tightened up underwriting … (0 comments)

housing inventory: By The Numbers - 05/25/07 10:57 AM

Two interesting stats were reported yesterday and today regarding new home sales and existing home sales. For new home sales, numbers jumped by 16.2 percent...but prices dropped significantly. For existing home sales, the numbers fell by 2.6 percent last month AND prices fell by .08 percent from a year ago. I … (2 comments)

housing inventory: Glen's East Bay Market Trends - 05/15/07 06:16 PM

We, as real estate agents, have access to the MLS, and are able to extract up to the minute information to give us a better clue as to what's really happening in your neighborhoods.
However, these bits of information that we are able to pull are only snapshots. Tracking these numbers over … (0 comments)

housing inventory: Conflicting Reports? Housing Turnaround? - 04/26/07 03:55 PM

OK, someone help make sense of these two stories (not the details, just the the general trends).Headline #1: U.S. Homebuilders Rally After Meritage Sees 'Stabilization'The Highlight: Meritage Chief Executive Officer Steven Hilton said in a statement yesterday that "we are encouraged by some early signs of stabilization.'' While the Scottsdale, Arizona-based … (1 comments)

housing inventory: The Perfect Storm - 04/26/07 02:12 PM

If you read a lot of industry news, there has been a lot of talk about the subprime disaster and how the spillover into Alt-A and other areas of our economy could lead to serious problems. I'm always curious to hear from people who want to weigh in on the issue...the … (0 comments)

housing inventory: Home Sales Volme was Strong in February - from MSN! - 03/24/07 08:55 PM

Good news as far as volume of sales go for home sales across the country. An artcile on MSN reported the following:
"The National Association of Realtors said existing-home sales rose 3.9% in February to 6.69 million units, the biggest increase since December 2003. That followed a rise in January to 6.5 … (0 comments)

housing inventory: Is the Market Starting to Turn Yet? - 02/20/07 03:29 PM

Is the Market Starting to Turn Yet?by Kaushik Sirkar, Chandler REALTOR®Chandler AZ Real Estate
This article from Inman suggests that builder confidence is currently at its highest level since June of '06 (nationwide) with particularly large increases in buyer demand occurring in the Northeast and the South. Per their 'rating' system, builders do … (11 comments)

housing inventory: El Cerrito Pending & Active Sales - 01/17/07 10:16 PM

I have provided the graph above for those of you trying to make sense of the Housing market in El Cerrito. The graph follows Pending Sales and Active Listings on a week by week basis beginning in July of 2005 through January 14, 2007. (Data has been collected from EBRD MLS).
Actives - … (0 comments)

housing inventory: Housing: The Best Indicators of a Rebound - 01/17/07 08:20 PM

"Has the home market hit bottom? That is the key question for the U.S. economy in 2007. According to some housing indicators, there is some light at the end of the tunnel for homebuilders, but that cautious optimism comes with caveats."
Read the article found in the January 15, 2007 issue of … (0 comments)

housing inventory: New-Home Cancellations Distort Housing Market - 01/09/07 02:47 PM

This just out from Mark Zandi of Moody’s Economy.com. I said the same thing in my post of November 30th October New Home Sales. Inventory levels are distorted by the HUD and the Census Bureau’s methodology, overstating the decline in housing inventory. The real estate hangover ain’t over yet folks … (2 comments)