Blog entries tagged with "housing market":


housing market: Housing Market in Monroe Township, NJ - 01/03/08 09:35 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 November 2007 -
Properties Currently Being Marketed - 33Average asking price - … (0 comments)

housing market: Housing Market in Gloucester Township, NJ - 01/03/08 09:03 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 November 2007 -
Properties Currently Being Marketed - … (0 comments)

housing market: Colorado Springs Market Report - December 2007 - 01/03/08 06:28 PM
The Colorado Springs Housing Market  did well in December of 2007 and is still stronger than many other housing markets in the nation. Homeowners saw a healthy appreciation in 2007 and homes for sale are still selling around the 3 month mark. Let's take a closer look at the data for the … (6 comments)

housing market: Market Update - Albuquerque, NM is Hottest of Hottest 10 Buyers' Markets - 01/03/08 04:59 PM
Hot off the press! Housing Predictor http://www.housingpredictor.com/top25 in its latest update, places Albuquerque, New Mexico at the top of its list of Hottest 10 Buyers Markets, after a surveying 75 markets nationwide.
According to Housing Predictor, their conclusion is based on Albuquerque's continuing attraction to outside investors that are bringing new industries like film and airplane manufacturing … (4 comments)

housing market: United States National Housing Market: 2005,2006 & 2007 - 01/02/08 05:05 PM
About: United States Existing Home Sales  
An opinionated, wonderful lady gave me a gracious comment me a week ago when I gave out a report on the state of the national housing market :
"I have found through the years that generalities don't work especially when talking about real estate markets. All … (0 comments)

housing market: Real Estate Market Report - Existing Home Sales up in November - 12/31/07 04:24 PM
Existing Home, Condo, Townhome sales rose .4% for the month of November according to the National Association of Realtors.  This is great news for home owners looking to sell and the economy as a whole.  New home Sales dropped .7% for month of November, the lowest point in over 10 years.  … (2 comments)

housing market: Don't Rush to Payoff your Mortgage - 12/30/07 04:28 PM
You normally don't think of people who prepay their mortgages as being wasteful or careless.But a recent study suggests these households blow more than $1.5 billion a year, or $400 per household, by accelerating their mortgage payments instead of contributing more to their retirement accounts.The research found that at least 38% … (0 comments)

housing market: The Housing Market in Berlin Township, NJ - 12/29/07 03:40 PM
The I-Team Homes has been marketing quite extensively in Berlin Township NJ (Also known as West Berlin, 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 November 2007 -
Properties Actively Marketed - 6 Average asking price … (0 comments)

housing market: The Housing Market in Berlin Boro, NJ - 12/29/07 02:37 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 November 2007 -
Properties Actively Marketed - 13 Average asking price - $277,149 Average Days on the … (0 comments)

housing market: Great Advice for 2008...Don't Believe "The Experts" - 12/28/07 11:31 AM

What a riveting article from CNNMoney today.  Chris Isidore, CNNMoney.com's senior writer, took a very realistic (if not necessarily cynical) approach to the whole housing mess.  Isidore's opening paragraph (a good reporter sums it up in the opening, right?) is this:
Before you put much hope in forecasts for a 2008 rebound … (0 comments)

housing market: Most Housing markets remain 'GRIM' - 12/26/07 12:55 PM
North Carolina is one of the few markets remaining in positive territory as most major cities fell 6.7%, reported by CNNMoney.com staff writer Les Christie, December 26 2007: 11:14 AM EST.Click here to view the article in its entirety or visit PinehurstHomeTeam.com for additional information on this and other real estate related matters.  Thank you for … (0 comments)

housing market: Howell Real Estate, Brighton Real Estate, Novi Real Estate - 12/26/07 12:38 PM
This article needs to be read by everyone. I do not understand how so many supposedly educated people are making predictions as to what the market is going to do. We have one problem, and that is that some of these guys that are making theses predictions are now out of … (0 comments)

housing market: Our Top 12 Articles for Home Sellers in the Current Real Estate Market - 12/22/07 07:54 PM
The real estate landscape has changed. It is less of a strong Sellers Market and working its way toward a Buyer's Market. As a Seller there are a lot of new and different things to consider, as opposed to just a few years ago.I have spent the last few months writing … (6 comments)

housing market: Happy Holidays from Victoria Wells, your trusted Marin County Real Estate Resource - 12/22/07 03:43 AM
 
Please click on the link to see online Marin County Real Estate magazine:
http://www.sfmarin.com/cgi-bin/password_manager/program_files/omlsmagnew.pl?search1=vawells@comcast.net
Happy Holidays  and Best Wshes for the New 2008 Year!
Victoria Wells
415-209-9020
Http://www.marinbesthomes.com
(6 comments)

housing market: How to Get More Bang for Your Buck When Marketing Your Home for Sale - 12/21/07 08:53 PM
When you have a home for sale, it is important to know how your real estate agent is marketing your home. Are you really getting the most BANG for your BUCK?For many years, (and when I say "many" I mean since the dawn of "real estate" time) print advertising was the … (10 comments)

housing market: Carlsbad Homes - Buyers, The Choices are Yours, and There are Many - 12/21/07 05:09 PM
Carlsbad home buyers have much to be thankful for. Let's count the ways...726 homes on the market as of 12/21/07While the prices here are high compared to other parts of the country, they are, relatively speaking, better than many of the other coastal communities (except for Oceanside to the north). The … (22 comments)

housing market: Fortune Magazine Forecasts Population Growth in Florida - 12/20/07 06:41 AM
Palm Beach County has been hit hard by the housing market. Foreclosures were up by 68% in November. We have a four year supply of houses on the market and the Palm Beach Post reminds us almost daily how bad our market is. All the negative talk can stall our market … (3 comments)

housing market: Grand Rapids Mi Real Estate Market Housing Temperature...A little Lower than Normal - 12/17/07 06:59 PM
 The Truth is Very Powerful!  It's more powerful than Spin.  The Truth about the Grand Rapids, Michigan housing market is the primary means by which home owners can escape being held captive to the whims and negative judgements of dooms day predictors and naysayers.  In the housing market in Grand Rapids, Mi this … (8 comments)

housing market: How's the Realty Market for Single Family Homes in Los Gatos? - 12/15/07 11:22 AM
Silicon Valley has a bifurcated market, and has for many months now. Some areas are hot sellers markets. In other areas, you can't seem to give away homes.  What about Los Gatos?
The market is cooler than is seasonally normal. Last week I did some serious numbers-crunching at my Live in Los … (0 comments)

housing market: Real Estate agents who take December off... - 12/13/07 12:19 PM
I want this blog to serve as a personal thank you to the real estate agents who decide to take the month of December off to be with family.  We all know that spending time this month with family is very important and I also am going to be doing a … (8 comments)

housing market: Evaluating the Accuracy of Predictions - 12/12/07 04:05 PM
I came across this December 2006 article in Business Week that forecasted the 2007 real estate market.  Washington, DC, was predicted to have a median price drop of 4.8%.  It got me wondering how accurate last year's predictions were.  It's a turbulent market, still coming off one of the biggest runups in … (2 comments)

housing market: Home & Condo Prices Stable - Listing Inventory Down - November 2007 - Washington State Real Estate - 12/11/07 01:54 PM
The latest data from the Northwest Multiple List Service, November, 2007, indicates that there has been very little price change between this year and last. Homes and Condos active listings for sale are up 31 percent, year over year, but down 6.3% from October, 2007.
The numbers also show the normal seasonal … (0 comments)

housing market: Mortgage crisis or credit card debit chicken or egg - 12/10/07 02:27 PM
It amazes me that in all the news with talking heads, analyzing. They wonder why are we having such problems with the housing market and the mortgage process?While there are a number of reasons some of which don't seem to be covered by the media. Credit card debt is certainly one of … (0 comments)

housing market: Arizona Housing Market Outlook... Not So Dour? - 12/10/07 01:31 PM
There is a silver lining to the "dour" Arizona housing market and economic outlook reported yesterday by the AZ Republic.
I have to put my two cents' worth into the discussion on the Housing Market after a misleading headline appeared on the front page of the AZ Republic 12/6/07.
The headline reads: "Housing market … (3 comments)

housing market: Monument Neighborhood Report: Woodmoor - 12/10/07 11:37 AM
Woodmoor is a Monument neighborhood, in the northern part of Monument, and the furthest northern area of El Paso County. (See Woodmoor Statistics.)Woodmoor, Monument Boundaries:West: I-25 East: Furrow Road (with a small section of Woodmoor to the SE of Furrow and Kings Deer) North: County Line Road South: Higby Road Woodmoor … (1 comments)

housing market: The Real Estate Market - 12/09/07 08:22 PM
The Real Estate Market I am pretty fed up with the way the national media is portraying the current housing market situation.  Headlines such as "Housing Market Plummets" and "Home Sale Prices Down" are not relatively true.One must realize is that the past 5 years of real estate in this country … (1 comments)

housing market: Sioux Falls Real Estate Market Report - 12/09/07 06:47 PM
Single Family home sales remain steady in Sioux Falls, South Dakota.  As of November 30, 2007 there were 925 Active single family home listings in the city of Sioux Falls, South Dakota.  The median price of active listings was $216,705 and have been on the market an average of 97 days.  … (0 comments)

housing market: Selling Your Home in Today's Market: Part Three - How to Compete Against Bank Owned Properties - 12/08/07 02:49 PM
The current real estate market has more listings and less buyers than we have seen in a long time. Some of the homes for sale are Bank Owned. When you are looking to SELL your home, and a bank owned property is your competition, you need to know how to effectively compete … (3 comments)

housing market: Lafayette and West Lafayette Real Estate Trends - 12/08/07 02:15 PM
For more information on the housing market in Lafyette and West Lafayette or surrounding communities contact The Romanski Group with Keller Williams Realty ~ (765) 807-7121 Request a Free Home Buyers or Relocation Guide! See all Listings in the Lafayette MLS at www.RomanskiGroup.com! Keller Williams Realty 22 Executive Drive Lafayette, … (0 comments)

housing market: Selling Your Home in Today's Market: Part Two - How to Compete Against "Desperate Sellers" - 12/07/07 08:54 PM
The rise in recent foreclosures nationwide has created a large group of home sellers that are desperate. These desperate Sellers offer a unique and serious impact on the Real Estate Market and can be difficult to compete against.Who Are Desperate Sellers?These homeowners probably also have an adjustable rate mortgage, and have already fallen … (4 comments)

housing market: Selling Your Home in Today's Market: Part One - How to Compete Against "Motivated Sellers" - 12/07/07 08:09 PM
When looking to sell your home, you MUST know who your immediate competition is. The recent spike in foreclosures nationwide has created a surge in different types of home sellers - each with a uniquely different impact on the local real estate market.Motivated Sellers are one of these types of competition … (6 comments)

housing market: 5 Tips for Selling Your Home to First Time Home Buyers - 12/06/07 01:49 PM
The recent mortgage crisis has caused there to be fewer first time home buyers able to qualify for a mortgage loan and therefore less first time home buyers are out looking to buy a home.If you want to sell your home, you need to know who your buyer is. No, you … (10 comments)

housing market: Housing Market Report and Condition for Westminster Carroll County md - 12/06/07 08:52 AM
TEAM UTZ REAL ESTATE OF LEDERER AND COMPANY ASK Buyer's and Seller's the BIG question, for both sides  WHEN WILL THE MARKET CHANGE? For the Buyers, there is no better time then now to buy, but you may be saying, I might get a better deal if the prices keep falling.  While … (0 comments)

housing market: December 2007 Real Estate on line magazine - 12/05/07 01:56 PM
Please click on the link to see the current Marin real estate magazine issue...
http://www.sfmarin.com/property/Victoria%20Wells.htm
Victoria Wells   Broker Associate/e-Pro500, SRES, Previews Property Specialist
415-464-3380 direct
Http://www.marinbesthomes.com
(1 comments)

housing market: Top 5 Things I Love About Living in Greenhaven, Colorado Springs - 12/05/07 12:15 PM
The Park. The Greenhaven Park has been such a lifesaver for us, as we have 2 children who LOVE it there! And? That is a whole lot of grassy areas that I don't have to mow! And the pavilion has been home to MANY parties and BBQ's - such great memories!The … (5 comments)

housing market: December 4th in Islamorada, Cool front on the way! - 12/04/07 10:56 AM
I remember when a nightmare consisted of a scary monster or something chasing me.  Well last night, I was being closed in on by subprimes, foreclosures, inventory and more inventory....scream!!!!! Oh thank goodness,  it was only a dream.  As I drove my beautiful daughter to school, the reality of the day kicked … (0 comments)

housing market: Zip Code 23233 Market Report for November 2007 - 12/03/07 04:00 PM
This is one of the market reports I'm going to publish on a monthly basis for zip code 23233. My approach will give you a more realistic picture of the market in the area closest to your home.Currently, there are   133 Single Family Homes For Sale.                                     43 Single Family Homes under contract.The sales figures in this report are for the month November 2007, … (0 comments)

housing market: Chesterfield County Monthly Activity Report: 11 -2007 - 12/03/07 02:18 PM
                                                                        Monthly Activity Report: 11 -2007 201 homes and 16 Condo/Townhouse  have sold during the month of November with average price $280,963 for single family home, $$145,073 for Condo/Townhouse. The average sale price of these homes were 3% less than asking price.  On average, these homes took 66 days to sell.This data was provided from the Richmondarea MLS.Property … (0 comments)

housing market: Henrico County Monthly Activity Report: 11-2007 - 12/03/07 02:05 PM
Monthly Activity Report: 11-2007 160 homes and 30 Condo/Townhouse  have sold during the month of November with average price $253,530 for single family home, and $$193,919 for Condo/Townhouse. The average sale price of these single family homes were 2% less than asking price.  On average, these homes took 51 days to sell.This data was provided from the Richmond area … (0 comments)

housing market: Winter time investing for sping time profits - 12/03/07 01:10 PM
So like many people interested in real estate we frequently watch shows like "Flip that House" "The Real Estate Pro's" and "House Hunters".  These shows preach the idea that anyone can make a living buying, fixing and reselling houses.  While in reality this process is not quite as glamorous, it is … (0 comments)

housing market: Spokane Real Estate...How to sell YOUR home! - 12/03/07 11:46 AM
Spokane is a wonderful place to live!  It is beautiful and amazing.  Sweeping rivers, tranquil forests, and frozen waterfalls combine to create an elegant winter wonderland!  Life runs a little slower here, but the real estate market is still moving!  Homes are selling for an average of 98% of asking in … (0 comments)

housing market: Colorado Springs Market Report - November 2007 - 12/03/07 10:48 AM
The Colorado Springs Housing Market is stronger than many other housing markets in the nation. We have seen an increase in days on market, but homes are still selling around the 3 month mark, and even selling for very close to asking price. Here is a snapshot of the November Housing Market:(Read the … (0 comments)

housing market: The WORST MARKET EVER or perhaps the BEST TIME TO BUY? - 12/02/07 01:38 PM
I don't know about all of you here on AR, but frankly speaking, I am getting sick and tired of ALL of the negative media and publicity surrounding the real estate market these days.  It seems that almost daily on the television, in the paper, and on the net I continue to … (6 comments)

housing market: WESTMINSTER CARROLL COUNTY MD HOME MARKET SNAPHOT FREE from TEAM UTZ - 12/02/07 08:06 AM
Carroll County Homeowners and Potential new Homeowners,Recently Team Utz Real Estate launched a new service to anyone wanting to know how the housing market is near their home or potential home they want to purchase.  This comprehensive report has received GREAT reviews from all that have used the service.  It is … (0 comments)

housing market: Government looking to step into subprime problem - 12/01/07 10:53 PM
Can I be honest here?  U.S., Banks Near A Plan to Freeze Subprime Rates  I'm not sure I like the idea of the government and mortgage servicers freezing rates on ARM's to save homes.  Sound mean?  I'm not really, I may actually benefit from this specific govermentment interference, since I own … (12 comments)

housing market: Richmond City Monthly Activity Report: 11 - 2007 - 12/01/07 04:01 PM
                                                                        Monthly Activity Report: 11 -2007 120 homes and 21 Condo/Townhouse  have sold during the month of Novmber with average price $213,114 for single family home, $234,764 for Condo/Townhouse. The average sale price of these homes were 5% less than asking price.  On average, these homes took 63 days to sell.This data was provided from the Richmondarea MLS.Property … (0 comments)

housing market: Hanover County Monthly Activity Report: 11 -2007 - 12/01/07 04:00 PM
                                                                        Monthly Activity Report: 11 -2007 55 homes have sold during the month of November with average price $296,168 for single family home, The average sale price of these homes were 2% less than asking price.  On average, these homes took 86 days to sell. This data was provided from the Richmond area MLS.CONTACT ME for assistance with … (0 comments)

housing market: Good News about the Housing Market - 11/30/07 08:46 AM
I recently read two articles that proved to us that we (our area) are not seeing the downturn in the housing market that the media is so strongly presenting across the nation. The press seems to give such a negative impact on the housing market and it may or may not be true … (1 comments)

housing market: Market Forcast: Equity Ahead!! (Whoohoo) - 11/29/07 11:34 PM
The housing market in Spokane is doing well.  Our homes are still selling for 98% of asking price, and buyers are especially happy at the amount of inventory to choose from.  Sellers with great real estate agents who market well are still moving their properties in an average of 40 days.  … (1 comments)

housing market: The press and the housing market - 11/28/07 07:31 PM
I constantly see the media making the housing market seem even worse that what it is.  I still feel like there are houses being bought and sold everyday.  I also get tired of people in the media telling all the buyers to go in at least 10-20% lower on your offers.  How is that … (2 comments)

housing market: Doom and Gloom - 11/28/07 11:18 AM
I know we all keep hearing reports of doom and gloom in the housing industry.  Here is a link to just one of many I have read recently:http://articles.moneycentral.msn.com/Banking/HomeFinancing/HousingCrunchsHardestHitCities.aspxWhat is the first and foremost rule of investing?  Buy low, sell high.  Now, I know for those of you who are contemplating shopping for … (0 comments)

housing market: Houston's Home Sales Decline Slowing - 11/27/07 04:26 PM
Houston is on set to have its second best year on record for home sales. The Houston Association of Realtors released a report showing home prices holding up against last year which will make the housing sector a very profitable one for 2007. The average single family home was up compared … (1 comments)

housing market: Houston Economy Still Going Strong - 11/27/07 03:03 PM
Delta Associates, an affiliate of Transwestern just reported that despite the nations downward spiral, Houston's economy is still going strong. The research group predicted 60,000 new jobs per year though 2009. This will cause office space to decline and rent go up through the end of 2008. This is great news … (0 comments)

housing market: The Best Time to SELL Your Colorado Springs Home - 11/27/07 02:59 PM
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housing market: The Best Time to BUY a Home in Colorado Springs - 11/27/07 02:50 PM
The Colorado Springs Real Estate market offers many opportunities for buying a home, regardless of the current market conditions. One of these opportunities lies in the time of year that you choose to buy a home.
I did some research on different Colorado Springs neighborhoods and found that there are definitely … (0 comments)

housing market: Miami Beach Goldmine - 11/27/07 09:57 AM
Miami Beach: not just for the rich folks anymore.  The waters of overpriced housing are subsiding, unearthing new discoveries amongst the glut of existing properties already searching aimlessly for new real estate pioneers looking for the next treasure trove opportunity.  Renters in Miami Beach may not realize it, but the … (2 comments)

housing market: Nov. 26 Chino Market Report - 11/26/07 11:17 PM
Thanksgiving and the shopping sprint that followed may have dampened the enthusiasm of some home shoppers, but those determined to change addresses before the end of the year continued to seek out "open house" signs and followed flags into new developments. Most new-construction models were closed for Thanksgiving, but open again … (0 comments)

housing market: New Build Homes in Colorado Springs: Numbers are WAY Down, but WAY Average - 11/26/07 08:34 PM
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housing market: Richmond Real Estate - Don't Try to Time the housing Market! - 11/23/07 02:15 PM
 
When home prices are lower, it is very tempting for potential buyers to try to wait as long as possible in the hopes that prices will decline even more. They wonder how low they will go and whether you should wait. If you, or someone you know, are waiting for a better deal … (0 comments)

housing market: How is the Market In South Carolina? - 11/22/07 09:12 PM
As a Realtor, I get asked all of the time how the housing market is in South Carolina.  Please click on the following link to see an article by  Nick Kremydas, CEO  S.C. Realtors.  http://rs6.net/tn.jsp?e=001BB0_W39H4GpgSRfojXejvL8ZWtVB7fnus-vWSuD8-aOq8lt5NWsXw1-8wSiXBSy4L8MhChcgDyPdYDxB8eft5vddUQHJ99mU-ucQpedKYoIoWoTEiSX6_iUJb5D89FgULRapo3pKlUuaOy67vrsTdQ==If you take the time to read the article, you will see that our market continues to … (0 comments)

housing market: Take Media Forecasts with a Grain of Salt - 11/22/07 11:38 AM
My first job out of college many years ago was as a fact checker so I'm always on guard for discrepancies. But, as a Realtor I was actually delighted to discover in the most recent issue of Money Magazine there are two completely opposite statistics and forecasts regarding the housing market--I'm going … (0 comments)

housing market: House Passes Bill Curbing Mortgage Brokers - How Will This Affect Florida - 11/21/07 07:21 PM
WASHINGTON -- The House passed legislation to give more protection to home-mortgage borrowers, but deadlocks in the Senate make it unlikely that such a measure can be enacted into law before next year, in the latest sign Congress is struggling to address the nation's mortgage crisis.
By a vote of 291-127, the … (1 comments)

housing market: 'Springs Neighborhood Report - Claremont Ranch - 11/21/07 01:11 PM
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housing market: Getting Busy in the Desert - 11/20/07 11:25 AM
No, that's not what I meant - get your mind out of the gutter! All of a sudden, it's getting busy around here!  I've had clients coming out of the woodwork this month that are ready to look and to buy!  Could it be that people finally realize that it's a great … (11 comments)

housing market: Should someone buy a home if they knew it would have 0% appreciation? Discuss. - 11/19/07 09:51 AM
Alternative Title:  What if 2007 IS the turnaround we've been waiting for? Every day I read real estate market articles that fall into two categories: 1.  Focused on the Present: The bubble has popped and the market is crashing.  These are especially annoying when they include graphs showing the downturn.  Where … (6 comments)

housing market: NAR Convention News and The CyberProfessionals - 11/18/07 06:06 PM
We just returned from Las Vegas where we met with our CyberProfessional group. This group started in 1995 with just  a few real estate agents "chatting" on the old RE/MAX CompuServe Forum. The group of nine REALTORS decided to meet in Stamford, CT in 1995 and that was the  beginning of … (0 comments)

housing market: Why You MUST Price Your Home to SELL ... From Day One - 11/18/07 05:44 PM
If there was only ONE thing that I could tell someone looking to sell their home, it would be:  Price it Right From the Very Begining - Day One.Ultimately, finding the right Real Estate agent who does all the right real estate marketing is only secondary to pricing the home correctly and effectively … (13 comments)

housing market: Starbucks and The Housing Market - 11/17/07 01:35 PM
This goes in the Believe It Or Not annals.In the Business Section of today's Washington Post there is an article about Starbucks and their 1% drop in customer traffic (the first ever).  Starbucks' stock shares dropped 3.9% yesterday.  Okay, all that's straightfoward enough.Now for the kicker, and I quote: "There are other … (27 comments)

housing market: Hawaii Visitors Drop for 2007 - 11/17/07 11:55 AM
While home prices continue generally solid in most of Hawaii, we will experience a slight reduction in the number of tourists visiting the Islands in 2007.  The drop will be less than 1% and things will firm in 2008.  Thus, we have concluded that our housing market will hold pretty firm … (5 comments)

housing market: Puget Sound Region Real Estate Housing Market Still Active - October 2007 - Washington State Real Estate - 11/16/07 10:27 AM
Real estate broker members of the Northwest MLS are still optimistic, even though the data shows slower activity in the housing market. Many real estate professionals cite Western Washington State's projected population growth combined with steady job creation numbers as still providing a demand for median priced homes and condominiums. The … (0 comments)

housing market: Florida’s Strong Population Growth Boosting Demand for Residential Real Estate - 11/15/07 07:20 PM
ORLANDO, Fla., November 2007 – As one of the fastest growing states in the nation, Florida’s population is expected to increase by 325,000 in 2008, spurring demand for working-age and retirement housing. “Florida remains a prime destination for workers seeking new jobs and for the growing wave of baby boomers,” … (0 comments)

housing market: The Greater Lansing Real Estate Market - 11/15/07 10:49 AM
NAR recently released a counter campaign against the negative news that the media seems to focus on these days. (See Ad Here)  I wonder if we will read that 2007 will end up being the fifth highest volume in history for real estate sales from the press. We are in an … (0 comments)

housing market: Median or Average Housing Price: Totally Junk To a REO Investor (I) - 11/13/07 08:09 PM
Question 1:http://homes.wsj.com/columnists/housetalk/20060512-fletcher.html?refresh=onWhy is it so hard to get good data on housing-market prices? Are there no reliable indexes? I disagree that Realtors will help much -- even for information on price cuts in your target neighborhood. Most Realtors just want to sell houses, and "now" is always the best time to buy; … (5 comments)

housing market: Baton Rouge Louisiana Fall Market Trends - 11/13/07 12:49 PM
 The Baton Rouge Louisiana Market offers opportunities for Buyers as the market recovers from hurricaine Katrina's impact.    While the overall market is settling into normal seasonal patterns after big post-Katrina gains, some sectors are still selling strongly.  Here is a link to complete parish report by Greater Baton Rouge Board of Realtors that appeared … (0 comments)

housing market: Finally!!! A Stabilizing Market - 11/12/07 11:48 AM
According to the National Association of REALTORS® (NAR) the worst of the price "corrections" are now behind us.  NAR published their first quarter analysis of existing home sales and corresponding sales prices and in fact it is believed there are more stable home prices and mortgage interest rates, which will make … (1 comments)

housing market: Housing Inventory versus Demand - 11/10/07 07:40 PM
Just like in retail, we take inventory and measure the pace of demand.  The inventory versus demand picture in the Thurston County housing market looks like this: Number of active residential listings:                                        2056Number of residential listings sold within past 12 months:  4040Average number of sales per month:                                         336Number of months worth of … (4 comments)

housing market: 81 per cent of Canadians satisfied with their mortgages - 11/09/07 07:50 AM
Canadian Association of Accredited Mortgage Professionals survey shows longer amortization and flexible terms keep mortgage industry buoyantThe vast majority of Canadians (81 per cent) are happy with the terms of their mortgages thanks in large measure to "good interest rates" and longer amortization options, according to a report released today by … (2 comments)

housing market: What Buyers Want - Realtor.org - 11/08/07 11:25 AM
What Buyers WantHighlights from NAR's Profile of Buyers' Home Feature Preferencesby Dr. Paul C. Bishop, Harika "Anna" Barlett and Jessica Lautz, NAR Survey ResearchTimes have changed for home sellers, and the housing market isn't what it was. Sales of both existing and new homes are down, price appreciation has fallen from … (3 comments)

housing market: Thousand Oaks Area Real Estate Outlook Fall/Winter 2007 - 11/08/07 10:49 AM
Changes on the horizon to bail out the subprime lending bust could have a positive impact for the overall real estate market.  Those who are facing foreclosure may be able to keep their home by refinancing.  If these homeowners can avoid losing their home to foreclosure , selling below market, or … (0 comments)

housing market: Grand Rapids Real Estate - 11/07/07 03:15 PM
The October sales numbers at GRAR were up this year from last year.  This is a small bit of good news.  There are still homes selling, just continue to work hard.   One agent recently told me that they felt they had to reinvent themselves in this housing market, because the things that … (6 comments)

housing market: Wealth & Social Disparity and Real Estate - A Social Commentary - 11/07/07 10:54 AM
It's the old story of the rich getting richer & the poor getting poorer.  Even though the average living standards have increased considerably in recent times, the distribution of wealth has become more skewed.  One percent of the richest people own 40% of the world's wealth, while the bottom 50% of … (3 comments)

housing market: Another Phoenix? - 11/06/07 03:12 PM
 Sorry. Didn't mean to scare you with that. But it's true that this exclamation is making the rounds today in discussions about Palm Springs and The Coachella Valley. I'm not going to disrespect Phoenix, for its setting is lovely and some of the nicest people I know live there or in … (0 comments)

housing market: Are Florida Realtors up for the challenging time ahead ? - 11/05/07 12:34 PM
Given all the bad press lately on the National scene as well as local numbers for the Florida Housing markets still showing declining numbers, it is little wonder that many Realtors in the Tampa Bay area have decided to move on to other ventures , some have had to take paying … (0 comments)

housing market: The Week in Review November 3, 2007 - 11/05/07 11:23 AM
The Week in Review...your Wilmington ConnectionNovember 3, 2007 Wilmington is experiencing the first slight chill in the air. Just in time for those final soccer games, the season is wrapping up click here for pictures of the tinaabraham.com team. Congratulations to a Great Season! The Real estate market is still faring … (0 comments)

housing market: Zip Code 23233 Market Report for October 2007 - 11/05/07 10:06 AM
This is one of the market reports I'm going to publish on a monthly basis for Henrico  county zip code 23233. My approach will give you a more realistic picture of the market in the area closest to your home.Currently, there are   154 Single Family Homes For SaleThe sales figures in this report are for the month ending October 31,2007, … (0 comments)

housing market: Greenhaven Real Estate Market Report - October 2007 - 11/04/07 10:50 AM

Here is a look at the Greenhaven Real Estate housing Market from October 1-31, 2007:
Average List Price: $271,659 Low Asking Price: $215,000 High Asking Price: $350,000 Active Homes for Sale: 11 Pending Sales: 2 Sold Homes: 1 Average Sold Price: $275,000 (156 DOM) << Check out all Homes for Sale … (5 comments)

housing market: November 3rd Orange County Foreclosures and Short Sales Update - 11/04/07 01:48 AM
Currently, short sales and foreclosures in Orange County account for 17.5% of the active inventory and 18% of all escrows opened within the prior month. Of all the short sales and foreclosures currently on the market, 59% are below $500,000, up from 57% two weeks ago, and 93% are below $750,000, … (0 comments)

housing market: Colorado Springs Real Estate: Market Report - October 2007 - 11/02/07 12:13 PM
The Colorado Springs Real Estate Housing Market has remained pretty steady from September to October of 2007. Homes in Colorado Springs are still selling around the 3 month mark, and even selling for very close to asking price. Let's take a look at the data:Average Days on Market (DOM): 85This is … (0 comments)

housing market: Polish up those Crystal Balls!! - 11/02/07 08:24 AM
How will the Canadian housing market fair with the U.S. Federal Reserve dropping the rate by another .25%?
Our Canadian economy has seen good growth over the past few years while our neighbours south of the border have had, to put it mildly - a hard go of it.  An unpopular war sucking billions of … (3 comments)

housing market: Richmond City Monthly Activity Report: 10 -2007 - 11/02/07 12:48 AM
                                                                        Monthly Activity Report: 10 -2007 124 homes and 23 Condo/Townhouse  have sold during the month of October with average price $249,500 for single family home, $166,478 for Condo/Townhouse. The average sale price of these homes were 5% less than asking price.  On average, these homes took 53 days to sell.This data was provided from the Richmondarea MLS.Property … (0 comments)

housing market: Hanover County Monthly Activity Report: 10 -2007 - 11/02/07 12:24 AM
                                                                        Monthly Activity Report: 10 -2007 45 homes have sold during the month of October with average price $310,493 for single family home, The average sale price of these homes were 3% less than asking price.  On average, these homes took 69 days to sell.This data was provided from the Richmondarea MLS.Property Type: Single Family  CONTACT ME for … (0 comments)

housing market: Chesterfield County Monthly Activity Report: 10 -2007 - 11/02/07 12:11 AM
                                                                        Monthly Activity Report: 10 -2007 198 homes and 13 Condo/Townhouse  have sold during the month of October with average price $437,705 for single family home, $217,429 for Condo/Townhouse. The average sale price of these homes were 56% more than asking price.  On average, these homes took 71 days to sell.This data was provided from the Richmondarea MLS.Property … (0 comments)

housing market: Henrico County Monthly Activity Report: 10-2007 - 11/01/07 11:27 PM
                                                                   Monthly Activity Report: 10-2007
171 homes and 43 Condo/Townhouse  have sold during the month of October with average price $248,461 for single family home, and $182,135 for Condo/Townhouse. The average sale price of these single family homes were 2% less than asking price.  On average, these homes took 54 days to sell.This data was provided from the Richmond … (0 comments)

housing market: Halloween Fed Rate Cut ... Trick or Treat? - 11/01/07 08:46 PM
The Federal Reserve gave us a .25 basis point cut as a treat on Halloween but their comments were more like a sour apple.    The stock market and the bond market had already factored in a .25 basis cut but what everyone didn't factor in was the statement that followed.  The … (2 comments)

housing market: Halloween Fed Rate Cut ... Trick or Treat? - 11/01/07 08:45 PM
The Federal Reserve gave us a .25 basis point cut as a treat on Halloween but their comments were more like a sour apple.    The stock market and the bond market had already factored in a .25 basis cut but what everyone didn't factor in was the statement that followed.  The … (2 comments)

housing market: Real Estate – Still One of the Best Investments Around – Do You Believe It? - 10/30/07 05:23 PM
You should!  Yes, we've read and heard about the all the doom & gloom in the real estate and mortgage industries.  And there is a lot of truth to this.  But at the same time we need to look at the larger picture.  I know that for some that may … (4 comments)

housing market: Value of a "House" as an Investment - A "Home" is Worth Much More - 10/30/07 03:52 PM
It is a good time to think about the difference between a house and a home.  Think about this - The news is bombarding us with bad news about the "housing" sector and the "housing" market, not the "home-ing" sector or "home-ing" market.  Because of wild speculation in the housing market … (7 comments)

housing market: Should I buy now or wait? - 10/29/07 10:22 PM
Whether you should be buying a home now, or whether you should be waiting is a very important question that most potential home owners ask themselves.  If you're in the market to buy a home - is now a good time to buy or will houses continue to drop in price?  … (0 comments)

housing market: To Sell or Not to Sell........ That is the Question. - 10/29/07 08:40 AM
William Shakespeare may have said "To be, or not to be: that is the question. Whether 'tis nobler in the mind to suffer. The slings and arrows of outrageous fortune, Or to take arms against a sea of troubles, and by opposing end them?" But for those selling a home in … (1 comments)

housing market: We Need Another Federal Rate Cut ! - 10/28/07 10:07 PM
The last rate cut didn't help much, but I predict we will have at least one more one quarter percent cut, if not a half percent by year's end. Why do we need this? Because the benefit from the last cut was never realized because of a string of bad profits … (35 comments)

 
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