Real estate blog entries tagged with housing market

Blog entries tagged with "housing market":

housing market: Chandler Real Estate Update: - 09/10/08 09:39 AM

Today the Chandler Arizona hotsheets show us that in the last 24 hours:
23 new homes went on the market
7 Cancelled their listing agreement
3 Expired their listing agreement (market rejected them)
17 went Pending (accepted an offer)
6 Closed

The activity is about the same as last week.
We will be … (2 comments)

housing market: Lakeland Florida Monthly Market Report August 2008 - 09/10/08 08:53 AM

Lakeland Florida Monthly Market Report August 2008
The month of August was not very encouraging for Lakeland when considering the amount of properties sold and average sold price, comparing the data to the past statistics. The amount of units sold decreased further down to 129 from the previous month of 142 … (1 comments)

housing market: More thoughts about the housing crisis and the fools who think they can fix it - 09/10/08 08:43 AM

I discussed yesterday why I believe very strongly that rates have almost nothing to do with the housing boom in 2003-2006, the subsequent housing bust, or getting us out of the current mess.
When people talk about liquidity issues today, they are referring to the macro fact that banks and other lenders … (14 comments)

housing market: THUD!..... The Sound of the Bottom of the Housing Market! - 09/09/08 11:23 AM

THUD! The Sound of the Bottom of the Housing Market! With the takeover of Fannie Mae & Freddie Mac by the Feds I would say we have seen the bottom of the market. We are now in a recovery period. Interest rates will decrease (Today 5.625 fixed no points), Home prices will … (13 comments)

housing market: Clarifying my thoughts on the housing crisis - 09/09/08 08:27 AM

I mentioned yesterday that I thought that the takeoever of Frannie won't help the housing crisis. I got some comments and e-mails about why I felt that way.
I have posted a lot about why I think the housing market won't come back until 2011. Just to summarize, there are millions of … (0 comments)

housing market: FNMA & FHLMC Bite the Dust - 09/08/08 04:38 PM

Dateline - Washington DC
Two interesting bits of news in from the Potomac. This first item from the Washington Post...
U.S. Seizes Control of Mortgage Giants Washington Post (09/08/08) P. A1; Irwin, Neil; Goldfarb, Zachary A.
"The federal bailout of Fannie Mae and Freddie Mac involves putting the companies under conservatorship … (4 comments)

housing market: REALTORS® Applaud Signing of Housing Bill - 09/08/08 04:28 PM

Your Home Base for Real Estate
Jill Springer - REALTOR® Phone: 817-658-2477
www.JillSpringer.com

REALTORS® Applaud Signing of Housing Bill
Author: MetroTexSource:Topic: Government / Legislative
REALTORS® commend President George W. Bush for his quick action in signing the housing stimulus bill. The signing of The Housing and Economic Recovery Act … (4 comments)

housing market: Fannie/Freddie Takeover, How Will This Affect the Real Estate Market? - 09/08/08 02:26 PM

I have read several reports now about the Fannie/Freddie takeover, but most of these accounts really didn't touch on what I really wanted to know. How does this move by the Federal Government affect the Real Estate industry, and is it going to help with the housing crisis?

Fortunately, I … (0 comments)

housing market: Getting A Grip On The Housing And Mortgage Crises... - 09/08/08 12:32 PM

September 8th, 2008 The seemingly never-ending housing and mortgage crises effect each of us every day whether we feel it or not. The fact that the federal government is taking them over in order to rein in their excesses demonstrates that the take-over of Fannie Mae and Freddie Mac represents … (0 comments)

housing market: Does the takeover of Fannie & Freddie affect the Reverse Mortgage Market? - 09/08/08 10:24 AM

I wish I knew. Here is what I do know:
Fannie is the number one buyer of FHA Reverse Mortgages in the secondary market.
Government control should provide stability and confidence for most of what the two GSE's are buying
Shareholders' of both Fannie and Freddie are probably screwed
This and any … (6 comments)

housing market: Thoughts on the Current Greenhaven Housing Market - 09/08/08 09:29 AM

The Greenhaven Real Estate Market is definitely split. Based on recent MLS data, it shows that there is 17 months of inventory in Greenhaven. This means that the average home in Greenhaven will take 17 months to sell. However, the homes that ARE selling are selling in under 90 days with … (2 comments)

housing market: Colorado Springs Home Sales Data for January-June 2000-2008 - 09/08/08 08:50 AM

The Colorado Springs Real Estate market has seen a significant drop in home sales when comparing the January-June timeframes from 2000-2008. In fact, we have seen less home sales in Colorado Springs in the first half of 2008 than we have seen since before 2000.
A breakdown of how many homes … (1 comments)

housing market: Stetson Hills Market Report for August 2008 - 09/08/08 08:20 AM

The Stetson Hills real estate market has about 3 months of inventory, based off of the recent sales data for this Colorado Springs neighborhood. This means that the average home in Stetson Hills will take 3 months to sell.
Single Family Homes in Stetson Hills (as of 9/8/2008):
Active: 274 homes … (1 comments)

housing market: Mortgage Crisis - Hope - 09/07/08 12:15 PM

I was listening to NPR yesterday while driving through tropical storm Hannah - GOOD TIMES! Anyways, I heard that Fannie & Freddie are about to fire their panel board and restructure the process. Afterall, they do back 5 trillion dollars in mortgage loans. This is good news for us. But, the taxpayers … (0 comments)

housing market: Question to buyers: Is the mortgage crisis preventing you from purchasing a home right now? If so, in what way? - 09/07/08 03:08 AM

Are you personally struggling with getting a mortgage which prevents you from purchasing a home, or are you still just eyeing the market, waiting for home prices to tank even further? Do you feel that the economy is so uncertain that you are hesitating to make a commitment to buy your … (12 comments)

housing market: WE NEED GOOD NEWS !!!!!!!!!!! - 09/05/08 11:33 PM

Federal debt $10 trillion !!!!!!!! Unemployment at 6.1%!!!!!! Oil prices still high!!!!!!!! 2.2 million homes on the market !!!! The middle class is being eradicated in America. All this will just hurt the housing market more. We need GOOD news !!!!!
GOOD news.....interest rates are still low; in fact they ticked … (3 comments)

housing market: 4 million homeowners delinquent or in foreclosure - 09/05/08 10:27 PM

Now it's official: the Mortgage Bankers Association, a major banking industry interest group, has released a report that confirms what many (myself included) have feared for the past several months.
Four million American homeowners with a mortgage were either delinquent on their payments or in some stage of foreclosure for the … (3 comments)

housing market: A Bottom in Real Estate Market? - 09/05/08 01:28 PM

Jim Cramer is the host of CNBC's "Mad Money" and co-founder of TheStreet.com. Cramer has also been a contributor to New York magazine, and an occasional contributor to Time magazine. The outspoken stock market analyst said last week that the bottom in the housing decline will occur during the 3rd quarter … (0 comments)

housing market: Can underwriters possibly use less common sense??? - 09/03/08 08:10 PM

Okay, I just received a call from the appraiser on a deal that is supposed to close in two days. I am representing the home buyer. The underwriter has added a stipulation to the appraisal due to a couple of pieces of furniture that were still in the home when the … (1 comments)

housing market: Good Gains for Athens-Clarke for the year ending June 2008! - 09/03/08 05:58 PM

According to MSN, Home prices across the country fell 4.8% in the second quarter, compared with the second quarter of 2007. According to the article, the largest declines were in the states where prices had risen highest and overbuilding had been concentrated during the 2003-07 real-estate boom such as California, Nevada, … (0 comments)

housing market: July Housing Statisics - 09/03/08 02:42 PM

July Housing Statistics

Average Sales Price

The average new home price this month ($302,676) is 2% higher than one year ago ($297,091). The largest increase of 18% occurred in Cass county. There were four other counties in the region that posted increases in average sales price for new … (18 comments)

housing market: Chandler AZ Homes for Sale Update - 09/03/08 09:40 AM

Today the Chandler Arizona hotsheets show us that in the last 24 hours:
24 new homes went on the market
11 Cancelled their listing agreement
2 Expired their listing agreement (market rejected them)
15 went Pending (accepted an offer)
6 Closed

We will be sharing market stats to give you a … (0 comments)

housing market: Good News for Washington Real Estate! - 09/03/08 03:47 AM

Washington State has had a pretty slow year for real estate sales. The number of sold homes is well down on the year from last year's great run. There are several areas that have seen overall price declines in the last year. There has been plenty of depressing news in … (2 comments)

housing market: Carlsbad Market Report - August 2008 - 09/02/08 07:55 PM

The Carlsbad real estate market continues to evolve, and the data for August show a number of changes since July 2008. This does not include any private sales nor manufactured housing; the numbers are derived from the MLS.
Because the media reports speak in general terms, rather than local, the … (5 comments)

housing market: Now that California's 2008 Summer Housing Market is Ending - 09/01/08 09:06 PM

My Thoughts on the Direction of California's Housing Market Well the Olympics are over, the kids are back in school, the Yankees are out of the pennant race, the lending markets are barely functioning, and mortgage lenders are still failing. Oh bye the way, the Commerce Department has determined a recession … (3 comments)

housing market: Security Colorado Springs Housing Market Information - 08/31/08 09:24 PM

The Security Colorado Springs real estate market is in the southern part of Colorado Springs, south of Drennan Road and west of Powers Boulevard and is located to the immediate north of the Widefield neighborhoods. (Check Out the Map of Security) The Security area of Colorado Springs is close to … (0 comments)

housing market: Colorado Springs Median Home Prices for Jan-June 2000-2008 - 08/31/08 09:15 PM

Here is a close look at the median sales price of Colorado Springs homes (and surrounding El Pso County areas) from January-June 2000-2008.

For the first time this decade, the Colorado Springs real estate market has seen a DECLINE in median sales price in the first half of the year. … (0 comments)

housing market: Westerville Ohio Real Estate Market Report – July 2008 - 08/31/08 10:00 AM

… (0 comments)

housing market: Do you look at the Dark Cloud or the Silver Lining? - 08/30/08 09:29 PM

No doubt about it... there's a lot of information in the media about the housing market. And a lot of it sounds bad... but is it really?
Let's face it... nationally there is not a lot of good economic news. Energy prices are up, food prices are up, homes are not … (1 comments)

housing market: A ‘Case’ of Exaggeration? - 08/29/08 08:47 PM

By Hank Bailey, REALTOR®A recent study by three professors from Columbia and Wichita State universities have concluded that the housing crisis has been greatly overblown. “The Foreclosure House Price Nexus” compared data from Office of Federal Housing Enterprise Oversight and The Case-Shiller Index. The study found the Case-Shiller Index, which is … (0 comments)

housing market: Back to School Doesn't Mean the End of Homebuying Season - 08/29/08 03:21 PM

I was touring homes with a couple from out of town last week. As we drove around Norman, OK, they asked if sellers had stopped putting their homes on the market since summer was almost over. I responded that while summer is generally a very busy time in real estate, there … (1 comments)

housing market: Transylvania NC Real Estate Available For rent - 828-884-4085- Growth demand for Affordable Housing - 08/29/08 02:28 PM

Press Release

Exciting new program available to new tenents. We are offering a $100 gas or food card when a new tenent moves in. We have many units available in Transylvania County call now 828-884-4085 . We have maintenance crew and management on site. 1,2,3 & 4 bedrooms Available. … (0 comments)

housing market: Latest FDIC Report - 08/29/08 08:43 AM

Every three months the Federal Deposit Insurance Corporation (FDIC) puts out "Quarterly Banking Profiles." Most investors have never heard of them. The mainstream press has largely ignored them. Even Wall Street traditionally pays them little heed.
But not me! The QBP provides a wealth of information about the state of the … (0 comments)

housing market: Housing and Economic Recovery Act of 2008 - 08/28/08 02:53 PM

What does it mean???
Taken from http://en.wikipedia.org/wiki/Housing_and_Economic_Recovery_Act_of_2008
The Housing and Economic Recovery Act of 2008 (Pub.L. 110-289, H.R. 3221) designed primarily to address the Subprime mortgage crisis, was passed by the United States Congress on July 24, 2008 and signed by President George W. Bush on July 30, 2008. It authorizes the … (1 comments)

housing market: Housing Market in Monroe Township NJ - July 2008 - 08/28/08 02:40 PM

The I-Team Homes has been marketing quite extensively in Monroe Township NJ including the area of Williamstown. We provide housing market analysis for our clients. The following is the most current data we have for Monroe Township: For the month of July 2008 - Properties Currently Being Marketed - 66 Average … (0 comments)

housing market: HOusing Market in Gloucester Township - July 2008 - 08/28/08 02:18 PM

The I-Team Homes has been marketing quite extensively in Gloucester Township NJ including the areas of Blackwood, Erial, and Laurel Springs. We provide housing market analysis for our clients. The following is the most current data we have for Gloucester Township:
For the month of July 2008 - Properties Currently Being … (0 comments)

housing market: Housing Market in Berlin Boro NJ - July 2008 - 08/28/08 01:42 PM

The I-Team Homes has been marketing quite extensively in Berlin Boro NJ. We provide housing market analysis for our clients. The following is the most current data we have for Berlin Boro:
For the month of July 2008 -
Properties Actively Marketed - 18 Average asking price - $263,959 Average Days on the … (0 comments)

housing market: Housing Market in Berlin Township NJ - July 2008 - 08/28/08 01:22 PM

The I-Team Homes has been marketing quite extensively in Berlin Township NJ. We provide housing market analysis for our clients. The following is the most current data we have for Berlin Township:
For the month of July 2008 -
•· Properties Actively Listed - 6
•· Average asking price - $216,117 •· Average … (0 comments)

housing market: just another housing prediction from none other - 08/28/08 10:05 AM

This was from earlier this month so may have been viewed, but Greenspan says housing will stabilize by 2009. Are you going to believe him??? I think its just another voice in the crowd. One that some how still seems to get everyones attention. Has anyone figured out the hero of … (0 comments)

housing market: Home Values Decreasing - Who Can Benefit in a Slow Housing Market? - 08/27/08 08:49 PM

Is it possible that someone can benefit from decreasing home values, record setting foreclosures, short sales and a volatile economy? Not only is it possible, it is happening daily! Home Buyers are finding bargains on every corner and now the buyer seems to be holding all the cards.
We … (2 comments)

housing market: Record Slide continues for Home prices - 08/27/08 05:24 PM

The pounding continues in the housing market. The standard and poor's case schiller US. home price index fell 15.4% in the second quarter compared to last year. The decline was the largerst in 20 years for the index which covers the entire U.S.
Los Angeles and Orange County home prices were … (0 comments)

housing market: Record Slide continues for Home prices - 08/27/08 05:23 PM

housing market: Record Slide continues for Home prices - 08/27/08 05:20 PM

housing market: MSNBC's John Schoen Reports Housing Market 'hints of a bottom' - 08/26/08 06:42 PM

John Schoen reports on MSNBC that the housing market ‘hints of a bottom.' But cautions that falling prices lure more buyers but forecast clouded by weakened economy.Schoen goes on to write that in some regions at least, the market appears to be stabilizing as lower prices entice buyers to finally jump … (1 comments)

housing market: Seller Funded DPA on FHA... Friday 8/29 is the last day to find a property! - 08/26/08 05:32 PM

As of today, we only have 2 investors left that we can still lock loan with that are getting the 3% downpayment paid for by the seller. One of these investors says the loan must be locked by this Friday 8/29 & the other investors says it just must be registered (with … (2 comments)

housing market: The 2008 Housing Bill: What It Means To You - 08/26/08 01:36 PM

On July 30th President Bush signed into law a bill that is designed to assist the housing market in its recovery from the issues that have plagued it for the past two years.
The two biggest ramifications of this bill to consumers are the $7500 tax credit to first-time homebuyers … (0 comments)

housing market: The Housing Crisis continues - 08/26/08 11:36 AM

The S & P/Case Shiller index got walloped again today, showing an over 15% decline from last quarter in 20 major U.S. cities. The few imbeciles who are looking to spin some poistive news report that new home sales increased 2.4%, but the reality is that existing home prices continue to … (6 comments)

housing market: TRAVERSING THE CURRENT JUMBO LOAN MARKET - 08/26/08 10:47 AM

Is it possible to get great Jumbo loan rates in today's market? The answer - absolutely! The strategies I use in this market place, on how to best negotiate and buy property*, give the Jumbo borrower some very positive opportunities.
The current definition of a Jumbo loan is an amount borrowed … (0 comments)

housing market: Finding The Bottom ... Are Buyers Waiting For A Text Message? - 08/26/08 09:27 AM

Why do some people consistently work against their best interest? Oftentimes, fear, emotion, or simply not being properly informed gets many of us to this point.
If you are a new home buyer or any buyer for that matter looking to purchase a property what are you waiting for? As real … (1 comments)

housing market: Cleveland Heights sales trends - 08/26/08 09:15 AM

Here is a summary of the absorption rates of homes for sale in Cleveland Heights for June, July, and August (up to August 24) These figures are based on data from the local MLS
JUNE
Less than $100,000- 53%
$100,000-200,000- 20%
$200,000-$300,000- 14%
$300,000+ 23%
JULY
Less than $100,000- 55%
$100,000-200,000- … (0 comments)

housing market: Home Sales Rise.....but so does inventory - 08/25/08 09:14 PM

Sales of previously owned U.S. homes rose in the month of July due to lower prices.....but because of higher inventory the housing market is unlikely to recover anytime soon according to a trade group report in today's yahoo news.
So when is the housing market going to pick up and when will we see a market correction take … (8 comments)

housing market: Highlights of the Housing and Economic Recovery Act of 2008 - 08/25/08 06:48 PM

On July 31, the President signed into law H.R. 3221, the Housing and Economic Recovery Act of 2008, a sweeping, nearly 800-page housing law, unlike anything we've seen in a generation. Shrouded in controversy, the bill has a number of provisions which have been exhaustively debated and politicized in the media … (2 comments)

housing market: Can't sell your house? - Why not trade it instead? - 08/25/08 04:29 PM

In today's real estate market, selling a home requires more imagination and more effort than in more typical markets. Even if you have a pretty house with equity in the property, most of the available buyer pool will need to sell their property before buying another. While the idea of exchanging … (1 comments)

housing market: Uncle Sam Passes Housing Stimulu$ Bill - 08/25/08 03:08 PM

The Housing and Economic Recovery Act of 2008 was made official on July 30, 2008. This housing stimulus bill passed the House and Senate by overwhelming numbers and President Bush was quick to follow suit. Hopefully these changes will help jump start the slumping housing market but some feel it … (0 comments)

housing market: Sellers, be aware that Buyers are buying a lifestyle - 08/25/08 12:22 AM

By Sheri Sanders Prudential C Dan Joyner Co Realtors

The housing market in the Upstate of South Carolina has become much more competitive. Many communities are beginning to see homes remain longer on the market and the bargaining pendulum swing in favor of the buyer. This is called a buyer's … (0 comments)

housing market: More real estate inventory = more closed transactions? Summer's lemonade - 08/24/08 05:51 PM

When life give you lemons, make lemonade! We've got some upcoming lemons that will be thrown at us:
Loss of down payment assistance, rising interest rates, less choices in lending programs, a tightening economy as a whole...
More inventory may start piling up?

So what if more inventory and more … (30 comments)

housing market: GOOD NEWS FOR THE ECONOMY AND ST. LOUIS HOUSING - 08/23/08 07:35 PM

WEDNESDAY AUGUST 13, 2008
"Election year is always the worst year because of the media hype about the economy. With statistics flying all over the place, some of it legitimate and other will go away after the election, proving not to be concerned.

President Bush signed into law HR 3221, … (4 comments)

housing market: This is ABOUT the bottom of the barrel? - 08/23/08 10:33 AM

ABC News interview with Donald Trump regarding the nations real estate market. Sorry about the commercial in the begining:
http://abcnews.go.com/Video/playerIndex?id=5576708
Thanks Joel Carson!

… (0 comments)

housing market: Obama or McCain? Who will help Real Estate and Realtors? - 08/22/08 04:54 PM

Yes, as much as everyone keeps pressuring me to make a decision, I'm really not sure who I'll be voting for. To be honest, I wish I could have a fresh set of candidates to choose from but that's not going to happen so I guess I'll have to choose … (22 comments)

housing market: Carlsbad and Nearby Community Average Sales Prices - 08/22/08 04:40 PM

I often have inquiries from out of area or relocation buyers interested in the Carlsbad real estate market, or housing in nearby communities. Many time buyers do not have a good handle on the pricing and, I suspect, are rather surprised when they see what they can buy for the … (4 comments)

housing market: Cary NC July 2008 Housing Market report- Supply & Demand - 08/22/08 09:27 AM

Supply and Demand- Economics 101, still continues to hold true.
The numbers for the housing market in Cary NC appear to be following the same trend as the rest of Wake county.... after a slight pickup in May & June, giving everyone a little hope for a rebound this summer, sales … (1 comments)

housing market: Wake County July 2008 Housing Market - 08/21/08 10:39 AM

The statistics are out for the month of July for the Triangle area of North Carolina. And in almost all areas, sales are down a bit from the increases we had seen in the months of May & June, quelling any hopes for a summer surge, as we had seen in previous … (0 comments)

housing market: More data on foreclosures tanking home values - 08/21/08 07:47 AM

Recent data from DataQuick bear out the negative impact foreclosures are having on home values.
In July 2008, REOs accounted for one third of all sales in the San Francisco Bay Area, compared to just 4.2% of sales in July 2007. In some areas, like Solano County (where I happen to … (2 comments)

housing market: My Take on Fannie and Freddie - 08/21/08 06:53 AM

They are extremely vital to the health of our housing market, as evidenced over the last year when Wall Street money dried up in the mortgage markets. Fannie and Freddie kept the conforming, full doc mortgage market moving along as if nothing was amiss. Their problems started when investors of Fannie … (2 comments)

housing market: 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 market: Housing Bubbles and the After Effects - 08/19/08 10:54 PM

59% of polled economists say there is no national housing bubble, only significant local bubbles. Another 8% say there's no bubble at all and that the market is functioning correctly.There are some local bubbles where there were hundreds and thousands of development parcels and homes developed and built in anticipation of … (0 comments)

housing market: East Colorado Springs Real Estate Market Report for July 2008 - 08/19/08 08:54 PM

The east Colorado Springs real estate market for July 2008 includes the Colorado Springs MLS areas of East, Powers Area, Southeast and Northeast Colorado Springs.
East Colorado Springs Real Estate Market - July 2008 Single Family Homes in East Colorado Springs
Active homes for sale: 274 Homes sold in July 2008: 48 … (0 comments)

housing market: Foreclosure Issues - 08/19/08 06:34 PM

Well uh..more bad news on the nations foreclosure forefront. Foreclosures are up 8% this month and 55% year over year. The top foreclosure state right now is Nevada with foreclosure activity hitting 1 out of ever 106 household an unbelievable number! The next state is my home state of California where … (4 comments)

housing market: Nations Foreclosure Issues - 08/19/08 06:32 PM

housing market: The Real Estate Market In A Nutshell - 08/18/08 05:48 PM

In this blog I am going to put the real estate market, nationally and in the Greater Reno - Tahoe area, in a nutshell for you.
Nutshell Highlights:
Pending Sales Are Up Bottom of the Market Reno Market Snapshot Slow Growth Tax Credit (First Time Buyers) Mortgage Loans Inflation and Mortgage … (0 comments)

housing market: More foreclosures, lower property values - 08/18/08 10:00 AM

First American's CoreLogic data service has released a report regarding June 2008 housing prices. The report, called the LoanPerformance Housing Price Index, is designed to show lenders the relative risk in housing markets across the country.
Perhaps the latest report will encourage lenders to start working with borrowers in real ways … (3 comments)

housing market: Kudos to Amy Crews Cutts - 08/18/08 08:13 AM

Amy Crews Cutts is the deputy chief economist of Freddie Mac. I have posted many times that housing organizations like Feddie, Fannie, Toll Brothers or the Mortgage Bankers Association of America, don't need economists and that almsot all of them are so biased towards their own industries that what they say is pretty … (0 comments)

housing market: DON'T BUY NOW? According to Christopher Mayer PhD-worse than Glenn Beck - 08/16/08 02:11 PM

Grandma is Smarter then me  … (12 comments)

housing market: Sherwood Market Update - Listen to the Market, Subscribe to Free Market Reports - 08/16/08 02:01 AM

Brought to you by Sherwood's Top Producing Real Estate Team
Sharing your passion for real estate, community and everyday living!

Best regards,Amber GardnerBroker | Assistant … (0 comments)

housing market: 25% of home sales result in loss - 08/15/08 03:01 PM

25% of home sales result in loss Values have fallen so far in many cities that sale prices don't cover what sellers originally paid. That means more hard times before markets recover. By Les Christie, CNNMoney.com staff writer Last Updated: August 14, 2008: 3:22 PM EDT NEW YORK (CNNMoney.com) -- More … (0 comments)

housing market: Getting Geared Up To Sell Your Home - 08/14/08 02:04 PM

National headlines may tell us that the housing market is almost dead, but economic experts are predicting that home sales will be improving soon. So, get geared up to sell your home.
Small changes can make a huge difference. First do an inspection of the exterior and interior of your home … (0 comments)

housing market: Housing Market Hits A Low - House Sells For ONE DOLLAR! - 08/14/08 11:10 AM

You'll never believe it but I just got wind that a foreclosure home in Detroit at 8111 Traverse Street just sold for...
(time for another drum roll)
ONE DOLLAR!
Could this be a siginal that the housing market has bottomed out? The house was bought back in November of 2006 for … (7 comments)

housing market: Market Psychology ... It's A Buyers Market You Can't Pay Full Price ??? - 08/14/08 09:51 AM

Ken Montville's post, "Priced Right + Good Condition = Multiple Offers", motivated me to post my comments. Per my similar comments at Ken's Blog, I agree with Ken's sentiments as we price our properties accordingly. However .........
Our investment real estate company has been noticing some interesting market psychology on our … (2 comments)

housing market: Essay on Housing Market (부동산 단상) - 08/13/08 03:41 PM

최근 2, 3년간 주택 매매 거래 건수가 격감하고 있음은 삼척동자도 다 아는 일이다. 이는 숫자로 그대로 보여지기 때문이다. 주택 매매 재고가 11개월어치 매매량을 훌떡 넘어선 지도 이미 오래된 이야기다.
그러면, 가격은 어떤가?
일단 매물이 많이 쌓인다면, 수요와 공급의 원칙에 의해 가격이 대폭 하향 조정되는 것이 순서일 것이다. 실제로 거래가 이루어진 주택들을 … (0 comments)

housing market: But the basics remain the same. - 08/13/08 01:52 PM

Yes, the real estate market has changed in most of the country. See details here Real Estate Decline Charts
But the basics remain the same.
Prices have fallen, more in some areas than in others, and continue to fall.
But the basics remain the same.
Record numbers of foreclosures plague most … (1 comments)

housing market: North Colorado Springs Market Report for July 2008 - 08/13/08 09:26 AM

The north Colorado Springs real estate market for July 2008 includes the Colorado Springs MLS areas of Black Forest, Briargate, Northgate, Northeast and Northwest Colorado Springs.
Black Forest - Colorado Springs Real Estate Market - July 2008 Single Family Homes in Black Forest
Active homes for sale: 472 Homes sold in … (0 comments)

housing market: Texas-The Housing Mecca of the Nation? - 08/12/08 12:22 PM

Forbes recently reported what a lot of us Texans already know: that the Lone Star State is a great place to live. In fact, out of the 40 major metropolitan areas surveyed, four out of the top ten cities in which to buy a home were in our great state.
Noting … (1 comments)

housing market: South Colorado Springs Market Report for July 2008 - 08/11/08 11:21 PM

The south Colorado Springs real estate market for July 2008 includes the Colorado Springs MLS areas of Southeast and Southwest and Broadmoor Colorado Springs.
Southwest Colorado Springs Real Estate Market - July 2008 Single Family Homes in Southwest Colorado Springs
Active homes for sale: 435 Homes sold in July 2008: 64 Average Sale … (1 comments)

housing market: Has your home really depreciated? - 08/11/08 05:47 PM

I read an interesting post on another real estate blog this morning. A guy whom I usually don't agree with made a comment that too many people place monetary value in their home's equity. I agree. It doesn't take much searching to find talk about how home prices have plummeted, but … (0 comments)

housing market: The Housing Bailout Bill Has Been Signed Into Law - 08/11/08 04:41 PM

A few weeks ago, I posted some information about the then-pending bailout bills which have now been signed into law. The bill, I noted, was a divisive one both in Congress and among Americans. I also noted that a number of people who I talked to felt that bailing out homeowners … (6 comments)

housing market: Continued Signs of Stabilization in Northern Virginia - 08/11/08 08:17 AM

In the last few months, I have mentioned positive trends in the real estate market within Northern Virginia, and I am pleased to say that the statistics continue to back up my statements. The region is showing signs of stabilization.July's statistics (published by MRIS) show that Northern Virginia (defined as Fairfax … (1 comments)

housing market: Should I buy a house in Las Vegas right now? - 08/11/08 03:00 AM

I spend a few minutes each day answering real estate related questions online by email or on websites set up for the public to ask questions and receive responses. I've noticed similar questions tend to come up and sometimes I know I've answered it before, but can't recall where. There … (0 comments)

housing market: Stetson Hills Market Report for June 2008: Single Family Homes - 08/10/08 09:48 PM

There are currently 265 single family homes for sale in Stetson Hills, Colorado Springs.
Price Range: $154,900 - $499,900 Median Price: $229,000 From 6/1/2008 - 7/1/2008, 48 single family homes sold in Stetson Hills.
Price Range: $146,703 - $384,500 Median SOLD Price: $217,900 Average Days on Market: 73 days … (0 comments)

housing market: Stetson Hills Market Report for June 2008: Townhomes and Condos - 08/10/08 09:46 PM

There are currently 29 townhomes and condos for sale in Stetson Hills, Colorado Springs.
7 Condos and 22 Townhomes Price Range: $139,950 - 193,695 Median Price: $160,000 From 6/1/2008 - 7/1/2008, 4 townhomes and condos sold in Stetson Hills.
1 Condo and 3 Townhomes Price Range: $130,000 - $150,000 Average Days … (0 comments)

housing market: Downtown and Westside Colorado Springs Market Report for July 2008 - 08/10/08 09:32 PM

The Westside and Downtown Colorado Springs real estate market for June 2008 includes the Colorado Springs MLS areas of Old Colorado City, West, Central, Downtown, Southwest and Northwest Colorado Springs, and the areas of Ute Pass to include Chipeta Park and Green Mountain Falls.

Downtown and Central Colorado Springs Real … (0 comments)

housing market: Greenhaven Market Report for June 2008 - 08/10/08 09:23 PM

Here is the Greenhaven Real Estate Market Report for June 2008 - July 19, 2008.
Active homes for sale in Greenhaven as of July 19, 2008: 17 homes
Historical Greenhaven real estate data:
Only 3 resale homes (not including new build homes from John Laing) ever sold for more than $300,000. … (0 comments)

housing market: I think I will wait........ - 08/10/08 08:43 PM

Until the market gets better to sell! I was talking with a woman the other day at a party and of course she asked me how I thought the market was. I told her for me it was going well. This summer has been fantastic and will, cross-my-fingers, keep going! I … (3 comments)

housing market: The British are Coming, The British are Coming (and the Canadians, too!) - 08/10/08 03:41 PM

It comes as no surprise that the top states for foreign buyers are Florida, California, Arizona and Texas, but I was surprised recently when I reviewed a recent National Association of Realtors report that stated that Canadians are now the number one international buyer of American real estate, a position previously … (3 comments)

housing market: The Housing Market Has Already Hit Bottom! - 08/10/08 09:38 AM

The signs are all over the place. The housing market has hit the bottom and is due to spring up in the next couple months.Here are the basic facts:- Home sales contracts rose in June. Click here for the Reuters story- The $300 Billion Housing Bailout Bill has been signed into … (6 comments)

housing market: Positive Article About The Las Vegas Housing Market - Home sales begin to rebound in Las Vegas - 08/09/08 05:41 PM

It's nice to get some positive news from the media every once in a while, so I thought I'd help spread it around! I'm sure, like myself, other local agents have seen and experienced this rebound since about February-March of this year, especially if their clients have been one of … (0 comments)

housing market: Monument CO Real Estate Market Report for July 2008 - 08/09/08 11:53 AM

The Monument CO real estate market for July 2008 includes the areas of Monument, Palmer Lake, Woodmoor and Kings Deer.
Monument CO Real Estate Market - July 2008
Single Family Homes in Monument
Active homes for sale: 548 Homes sold in July 2008: 55 Average Sale Price: $387,979 Median Sale Price: … (0 comments)

housing market: Midday in the garden of good and evil... East Goshen, Chester County, PA 2008 - 08/08/08 08:03 PM

Midday yesterday, I was out looking at the flowers and ruminating on the market. As the title implies, the garden is good, the market is, while maybe not evil, it could certainly be a bit nicer.
We are all working hard, putting buyers and sellers together, and some things just aren't … (13 comments)

housing market: Gig Harbor homes are selling quickly - 08/08/08 05:07 PM

I read a lot of news pertaining to real estate. I spend more time than I care to admit scanning real estate blogs and articles online. I recently found a blog written by another Gig Harbor real estate agent that seems to be nothing but bad news. She's not alone...a majority … (1 comments)

housing market: Fountain Valley and Fort Carson Real Estate Market Report for July 2008 - 08/08/08 10:42 AM

The Fountain and Fort Carson real estate market for July 2008 includes the areas of Countryside, Cross Creek and other new and mature neighborhoods south of Colorado Springs and close to Fort Carson Army Base.
Fountain Real Estate Market - July 2008
Single Family Homes in Fountain
Active homes for sale: … (0 comments)

housing market: El Paso County CO Real Estate Market Report for July 2008 - 08/07/08 06:01 PM

The El Paso County CO real estate market for July 2008 includes the southern Colorado cities of Colorado Springs, Manitou Springs, Fountain, Falcon and Monument.
El Paso County CO Real Estate Market - July 2008
Single Family Homes in El Paso County CO
Active homes for sale: 5,294 Homes sold in … (2 comments)

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