Blog entries tagged with "housing market":


housing market: Housing Market Collapse? - 02/23/07 08:58 AM
I keep hearing about how bad the housing market is in our area. People keep talking about when home prices are going to fall like crazy. With the second best year in Real Estate sales on record in the state of Ohio I don't think it will be anytime soon.
RE: Ohio's … (0 comments)

housing market: Are You Relocating and Need to Find a Great Agent? (Part 2 of 2) - 02/22/07 10:25 AM
As part of your search to find the perfect agent to help you find a new home when you relocate, here are some things that you might want to look for (Part 1 in this series talked about HOW to find the right agent)
You will need to do some research to … (2 comments)

housing market: Colorado Springs Real Estate: 7125 Allens Park Drive, Colorado Springs CO 80922 - 02/21/07 02:29 PM
This property SOLD May 10, 2007.
   
7125 Allens Park Drive - $200,000  - MLS# 532540What can $200,000 get you in Northcrest, Colorado Springs?
Very well-cared for 3 bed 2 Bath 1,809 sf tri-level home in Northcrest. All brand-new carpet and vinyl throughout entire home. Living room boasts vaulted ceilings, plant ledges … (2 comments)

housing market: Why Housing Hasn't Hit The Skids - 02/19/07 07:02 PM
This is a re-print of February 19, 2007 Businessweek.
Why Housing Hasn't Hit The Skids Low rates are a major factor So this is the much-feared "housing bust"? Bust Lite is more like it. Existing-home prices are as high as they were a year ago, while sales have receded only to 2003 … (0 comments)

housing market: Rancho Carrillo - A Master Planned Community in Carlsbad, CA - 02/18/07 10:34 PM
Rancho Carrillo is a planned community located in Carlsbad, CA, about 30 miles north of San Diego and about 4 miles inland from the Pacific Ocean.
Bordered on the south by Alga Road, and on the north by Palomar Airport Road, Rancho Carrillo straddles the hills along both sides of Melrose and consists of … (0 comments)

housing market: County Housing Market Update - 02/16/07 04:07 PM
 Home sales in Delaware County decreased by 5.5 percent in 2006, but saw less of a decline than other counties in the region, further evidence of the housing market adjustment, according to a recent report. However, sales in Montgomery and Chester counties decreased by more than 8 percent, and Bucks County … (0 comments)

housing market: Not That Surprising - Housing Sales, Prices Slide - 02/16/07 11:43 AM
A National Association of Realtors survey has shown that the fourth quarter of 2006 was a tough housing market in many areas across the nation.  The biggest declining markets were in the formerly high-flying hot areas such as Nevada, Florida, Arizona, and California.  Not surprising with the massive increase in home prices in … (0 comments)

housing market: Leucadia - Surfers' Beach Community in Encinitas, CA - 02/16/07 03:50 AM
(14 comments)

housing market: Washtenaw County Housing Statistics - January 2007 - 02/15/07 09:33 AM
2007 could be an interesting year
 Well, the first month of 2007 is in the books and on charts!  My favorite provider of area real estate statistics, Big House Data, LLC, had a late Valentine's Day Gift for its subscribers - January Housing Numbers!
As you can see from the chart to the left, … (0 comments)

housing market: Market Data for JANUARY 2007 - Cardiff, CA - 02/15/07 12:11 AM
Here are the summary statistics from the MLS for Cardiff-by-the-Sea for January 2007.
There are a few changes from the previous month that are worth noting, however keep in mind that we are looking at a small sample of data over 31 days, so you cannot derive a reliable trend. It is best … (1 comments)

housing market: Mortgage Refinacing Becomes Tougher - Part Two - 02/12/07 10:44 PM
By: Ed BrophySynergy MortgageFebruary 12, 2007
For those who missed Part 1 and it's associated comments.
The decrease in property values, combined with prepayment penalties, is making it very challenging for people to get out of adjustable rate loans.  Mortgage Brokers and banks are seeing more loans fall through, particularly in markets such … (1 comments)

housing market: Encinitas Ranch - Upscale Encinitas, CA Neighborhood - 02/12/07 10:31 PM
 
Within the town of Encinitas (Virtual tour with music so turn up the sound) is the upscale community of Encinitas Ranch, a fairly new community in an area known as Ecke Ranch(part of the Ranch, a well-known and large poinsettia nursery, the world's largest poinsettia producer actually), located between the 5 … (3 comments)

housing market: Mortgage Refinacing Becomes Tougher - Part One - 02/12/07 10:22 PM
By: Ed BrophySynergy MortgageFebruary 12, 2007
With rates on many homeowners' adjustable-rate mortgages rising, some who would like to refinance into a new loan are finding they can't.
In most cases, it's because their loan carries a prepayment penalty, which would require them to come up with thousands of dollars if they refinance … (3 comments)

housing market: Market Data for JANUARY 2007 - Encinitas, CA - 02/12/07 06:58 PM
Here are the summary statistics from teh MLS for Encinitas for January 2007.
As you review these, please keep in mind that the data are based on only 1 month of information, and a limited number of sales. Thus it is to be expected that the median price, for example, may have … (2 comments)

housing market: EXISTING HOME SALES TO IMPROVE, WITH LATER RECOVERY FOR NEW HOMES - 02/12/07 11:19 AM
Consumers are beginning to respond to more favorable housing market conditions, but new home construction will be dampened until inventories decline further, according to the lastest NAR forecast. David Lereah, NAR's chief economist, is looking for a steady rise in existing homes sales. 'After reaching what appears to be the bottom … (0 comments)

housing market: January 2007 Market Report for Colorado Springs, CO - 02/11/07 10:55 PM
We saw quite a bit of snow in the latter part of December and into the beginning of January. It definitely took a toll on the housing market in Colorado Springs. We saw a drastic drop in showings on our listings as no one wanted to brave the snow to look … (4 comments)

housing market: Carlsbad - Village by the Sea - 02/05/07 06:35 PM
CARLSBAD - VILLAGE BY THE SEA
What an apt name for this charming seaside town located about 35 miles north of San Diego in Southern California. But a sleepy coastal village Carlsbad is not - there is lots going on in this growing community of 95,000.
Want a quick visual introduction before reading further?
CLICK on … (18 comments)

housing market: The Residential Mortgage Market and Its Economic Context in 2007 - 02/02/07 06:57 PM
This was emailed to me today. (February 2, 2007) - The residential finance market is fundamentally sound and working efficiently, according to a detailed study released today by The Mortgage Bankers Association (MBA). The study entitled, The Residential Mortgage Market and Its Economic Context in 2007, examines the housing and mortgage … (0 comments)

housing market: Buying a Short Sale - 01/31/07 08:05 PM
As a buyer watching the real estate market, you are undoubtedly aware that there are more "short sale" properties on the market, at least in many areas. A short sale is a home where the market value of the property is LESS than the loan amount owed to one or more … (304 comments)

housing market: Market Data for NOV. and DEC. 2006 - Del Mar, CA - 01/31/07 10:14 AM
Here are the summary statistics from the MLS for Del Mar for November and December 2006.
Like other North County San Diego communities, Del Mar's housing inventory dropped during the month of December, down 24% from November (the holiday season was a likely contributor). The town, due to its small size, gorgoeus … (1 comments)

housing market: Market Data for NOVEMBER and DECEMBER 2006 - Solana Beach, CA - 01/30/07 08:51 PM
Here are the summary MLS statistics for Solana Beach for the months of November and December 2006.
Most notable is the downward shift in inventory by 17% from November to December - this is not entirely unexpected due to the holiday season. Solana Beach prices, while showing a small decrease from November … (2 comments)

housing market: Market Data for DECEMBER 2006 - Oceanside, CA (92054, 92056, 92057) - 01/29/07 08:29 PM
Here are the summary statistics from the MLS for Oceanside for the month of December 2006.
Most notable was the drop in inventory from the previous month - 18% fewer homes were on the market in December than in November (this was likely due, in part, to the holidays). The prices in … (1 comments)

housing market: Early 2007 Housing Market Indicators - 01/24/07 05:26 PM
Florida existing home sales: 
-30%Florida existing condo sales:
-36%Florida existing home median price:
$242,500Florida existing condo median price:
$206,000Florida consumer confidence: 
89National existing home sales: 
-0.6%National existing home median price
$218,000 … (1 comments)

housing market: AVIARA - A Beautiful Resort-Like Residential Community in Carlsbad, CA - 01/24/07 05:19 PM
Aviara is the most upscale area of Carlsbad (link is to a short virtual tour of Carlsbad, with music, so turn up the sound), anchored by the Four Seasons Aviara Resort. With many beautiful views of the ocean, the Batiquitos Lagoon and the inland hills and panorama, this community attracts many first-home … (7 comments)

housing market: The Marin County housing Market in Review - 01/22/07 06:17 PM
 
Let's review the Marin County, California housing market for 2006. After four straight years of soaring prices and robust sales, The Marin County  housing market - like real estate throughout the nation - is finally starting coming back down to Earth in 2006. While still strong, we began to see a "normalizing" … (2 comments)

housing market: Sellers - Can You Go The Distance? - 01/20/07 10:30 AM
This article is for sellers in the majority of markets today. Take note, BUYERS are in control here.
Given that, are you prepared to go the distance? What do you need to do to make it to the closing table? Why should you approach your sale differently than you would in … (4 comments)

housing market: Market Data for DECEMBER 2006 - San Marcos, CA - 01/19/07 08:14 PM
Here are the end of the year statistics from the MLS for the month of December.
I provide these every month to my past, current and prospective clients, because I believe strongly that an educated consumer is in the best postiion to make a wise purchase and/or sale in this market.
The inventory in … (1 comments)

housing market: San Antonio Housing Forecast Available Online - 01/17/07 11:23 AM
My market is Greater Austin, but I was born and raised in San Antonio. The area is really changing. There was an annual housing forecast sponsored by the San Antonio Board of REALTORS®, but I missed it. I'm sure many of you did as well, but do not fret, it is … (7 comments)

housing market: 10 Steps to Take Before You Sell It - 01/12/07 04:39 AM
California: Inland Empire: Real Estate & Mortgage : Refinance, Purchases, and Debt ConsolidationIf you just put your house up for sale recently, don't start packing yet. Sad but true, the national averages indicate that homes are staying on the market for around 90 days. What worries me about that is most … (1 comments)

housing market: Colorado Springs Housing Market - December 2006 - 01/07/07 10:48 PM
What happened in December, here in the Colorado Springs Real Estate Market?
I would have thought that the snow would have made more of an impact on the market than it did, seeing as we were "snowed in" for several days at a time... (title companies were closed, no one was … (7 comments)

housing market: Real Estate Prices are dropping, but so is the sky. - 01/07/07 07:17 PM
I know everyone hears on the news that the prices of homes is going down all over the country.  The media has a very convincing way of using statistics to sway the publics perception of what is happening.  While some other areas of the country are seeing slight price corrections, this … (2 comments)

housing market: WOW - 2007 - con't - 01/05/07 09:32 AM
This started as just a comment, but has obviously ended up as much more.  Just give me an inch...
Anyway, thanks for all the comments.  In regard to the appreciation that Jennifer commented in from the last post, I agree with her.  The reason for my stating a higher rate is because … (0 comments)

housing market: WOW! – 2007 – What Will This Year Bring Us In Real Estate? - 01/04/07 01:14 PM
Most of my posts are geared towards the consumer, but the thoughts that are coming to my mind make this agent-oriented. 
Well, let's start out with the fact that the market has ‘corrected' itself in many locales, but surely in the Orlando area.  We are still in a very healthy market.  … (14 comments)

housing market: El Paso, San Antonio Texas Tops Real Estate Market Predictions for 2007 - 01/01/07 11:03 AM
It's  end of 2006, so people around the world to do three things:
1. Summarize 2006, the year "in review".2. Drink stuff.3. Predict stuff.
I don't drink much and enjoy market predictions more than reviews. It's always fun to hear the smart people tell us which stocks to buy or … (11 comments)

housing market: Michigan Real Estate - Ahead of the Curve - 12/28/06 09:08 AM
While CNNMoney/Fortune Magazine recently published their list of top real estate markets for 2007 in terms of expected home price increase, they also point out some relevant facts about the Midwestern housing market.  If you check out that last link, you will see that for Michigan, the magazine highlights two Michigan … (2 comments)

housing market: Supply of homes on market takes dip?!? - 12/22/06 07:38 AM
That was one of the font page headlines in the, 10/21/6, Orlando Sentinel (http://www.orlandosentinel.com/news/local/state/orl-homes2106oct21,0,349657.story?coll=orl-home-headlines). (Yes, I know that this was a couple of months ago, but this still holds true.)  While this may be so, as reported by ORRA (the Orlando Regional Realtor® Association), I find that it is, at the … (0 comments)

housing market: Housing Market Cools, but the Inspection Market Heats Up? - 12/21/06 01:19 PM
It was reported, mid year, that the housing market in SW Washington cooled about 28% as compared to 2005.  One would expect to see something similar in the amount of inspections performed.  However, it seems that this is largely dependent on what home inspection firm you are referring to.
We know Realtors … (1 comments)

housing market: Prices are going to drop $50K! - 12/20/06 07:58 AM
I don't think so, but a dear friend of mine who is also a realtor heard this from her client. I, myself, also heard someone say that they will not buy in this market because they expect prices to drop $25-35K. This is absolutely ridiculous!! But, unfortunately, people believe this because … (3 comments)

housing market: The Housing Market, Clients & an Update - 12/20/06 07:39 AM
For quite a while I've been professing that to properly market someone's home, we need to show Price & Value. With so much available inventory, you need to be able to stand out in the crowd, otherwise you can be easily overlooked. I still see listings that are wholly overpriced. These … (0 comments)

housing market: November Housing Statistics - 12/18/06 05:59 PM
Of interest to those agents in and around the Ann Arbor, Michigan neck of the woods (aka Paradise), here are some area statistics for you to chew on! 
From Big House Data's Executive Summary:
Two important twelve month moving average trend lines are  beginning to flatten! The diving trend line on the … (0 comments)

housing market: Is the Market Insane? - 12/18/06 09:05 AM
Wanted to Blog, but wasn't sure what to write & then I spoke with a friend & she was under the impression that the "Market is Insane!" I won't deny that I was taken aback by this. But from what we talked about, it seems that quite a few people think … (1 comments)

housing market: Orlando Rankings - 12/17/06 03:13 PM
What a coincidence!  After writing the previous post, I came across an article in the Orlando Sentinel by Lynn Thomasson, entitled, "Where Orlando Ranks." Orlando is ranked #2 behind Las Vegas as a summer destination according to Expedia.  But, it seems that we are 1st, according to the American Society of Travel Agents, … (0 comments)

housing market: A Little of This - A Little of That! - 12/17/06 03:10 PM
Housing costs have risen substantially within the last couple of years.  Have wages increased as much?  We know the answer there.  Now, I'm not going to get on my soapbox.  But, we continually each day lock more and more people out of the housing market.  Condos are costing in the 100K's; a nice relatively reasonable 3/2 … (0 comments)

housing market: Pinehurst, NC | Dec 06 Housing Market Update - 12/16/06 01:16 PM
Pinehurst, NC is a prestigious golfing destination and internationally recognized as being one of the top 3 in the world. Pinehurst has hosted the PGA US Open in 1999 and 2005 and routinely attracts the top names in golf.
01-Nov-06 through 30-Nov-06 there were 31 Single Family Home Sales reported with … (0 comments)

housing market: Greater Orlando Real Estate Market - Originally posted May 28, 2006 - 12/14/06 08:14 AM
It's amazing!  You go on vacation and even though you may prepare for such work wise - you inevitably come back to more work than you thought.  Do not get me wrong, I am not complaining.  It's just almost laughable to me and unfortunately because of such I have not been able to post … (2 comments)

housing market: Existing-home sales in 2007 expected to recover from cyclical low - 12/13/06 03:28 PM
Existing-home sales in 2007 expected to recover from cyclical low
WASHINGTON - Dec. 12, 2006 - Existing-home sales are expected to rise gradually in 2007 from current levels, with annual totals comparable to 2006, while new-home sales will continue to slide, according to the latest forecast by the National Association of Realtors® … (2 comments)

housing market: Housing Market Shift-a ripple, not a roller-coaster ride - 12/12/06 09:24 PM
A while back, in a conversation about the cyclical nature of real estate markets, one of my teachers in real estate school, offered that the Albuquerque / New Mexico real estate market experiences cycles of ripples and not the roller-coaster rides of many other communities across the country.
I have been … (0 comments)

housing market: Is it Better for the Housing Market to Crash or Correct? - 12/12/06 08:13 AM
I recently read a good article by Brett Ellis called "Market Correction or Market Crash" offering a good way to look at what's going on in South Floridas' housing market.  Brett gives a great argument to why a sudden crash could be better for everyone rather than a slow, agonizing correction where everyone is just … (2 comments)

housing market: New Media Messaging Upbeat for Housing Market - 12/11/06 01:47 PM
 So many mixed messages. No wonder Buyers are confused. The latest news to break this morning is according to NAR (National Association of Realtors, and leading economists the housing market is headed for an upward trend mid 2007.  This may help ease the sluggish and in some parts stagnate market. Compounded … (0 comments)

housing market: Carlsbad REALTOR - How To Search for a Home On-Line - 12/10/06 10:17 AM
For those of your who are looking for a new Carlsbad home, searching on-line is probably the most efficient strategy you can employ. Recent studies by the National Association of Realtors (NAR) in 2005 found that about 79% of buyers were using the Internet to search for a home, and many do … (4 comments)

housing market: RECOMMENDED! Finally a LOCAL Unique Marketing Tool for Real Estate Professionals like US in ATLANTA! - 12/06/06 03:32 PM
just found out about this G-R-E-A-T website and want to share it with everyone since I think it is so unique and effective to get clients. On January 1, 2007 we will be the launching of a network of 36 web sites targeted to various housing markets across North America (United … (0 comments)

housing market: Housing Market vs. Our Reality - 12/06/06 08:44 AM
My wife and I are presently in negotiations for a new home.  Everyday we are reading the local and regional newspapers about the slump in the housing market in the Northeast (we live in the Hudson Valley region of NY).Today, again, another article in the NY Times, What Statistics on Home Sales Aren't … (4 comments)

housing market: Colorado Springs Housing Market ... November 2006 - 12/01/06 11:20 PM
In a recent post, I commented on the healthy housing market, here in Colorado Springs. (here) I thought that I would check in on the November 2005 - November 2006 housing market has changed, and we have seen some slowing and some pick up. This data was taken from the existing single … (1 comments)

housing market: Where Are the Buyers? - 12/01/06 08:14 PM
Does it Seem as Though Buyers of Real Estate Have Disappeared?  Where Are They? As a real estate agent in today’s market, there are times when I wonder where the good times have gone.  Used to be a time when it was simple enough to get buyers and sellers to come to … (6 comments)

housing market: Holiday Real Estate Market - It Does Exist! - 12/01/06 02:17 PM
[Originally posted over at S.E. Michigan Real Estate] 
Eight Reasons to List During the Holidays
Wow!  You'd think, from anecdotal evidence, that no one sells or buys a home during the holidays.  Obviously, that's not the case; the housing market statistics show that homes do close during the months of December and January.  … (18 comments)

housing market: Psst...Hey, You Want Some Housing Statistics? - 11/30/06 06:16 PM
Being the numbers junkie that I am, I found it shocking that no one was keeping (or at least sharing with me) track of the important housing metrics.  You know what I am talking about.  Is the market up or down?  How long are homes on the market?  How many listings/sales … (0 comments)

housing market: Greenspan: Worst Is Over for Housing - 11/28/06 09:55 PM
 Former Federal Reserve Chairman Alan Greenspan said on Tuesday that the worst of the housing adjustment was over, and that he was preparing to publish an analysis of the 'serious dispute' over the true effect of mortgage wealth on consumer spending.
http://www.topix.net/content/ap/4252566728160327395334034287812274455449
(1 comments)

housing market: The Best Is Yet To Come - 11/18/06 04:57 PM
The soothsayers (truth, reality) are back, predicting the "sad" fate of the national housing market. All we have heard lately is that the industry experts have come out of the woodwork and are reporting glooming and dooming reports for the enitre industry. Many realtors and lenders are mentioning this throughout the … (12 comments)

housing market: If you build it they will come! - 11/16/06 09:17 PM
MGM Marage's Project CityCenter is coming out of the ground like you can't believe! It has been just a few short months and already it is starting to take shape! It is amazing what money can do! With expected costs of $7Billion (Bellagio only cost a billion), it is one of … (0 comments)

housing market: The New Bull Market Wealth Effect - 11/15/06 09:08 AM
Consumer spending has been the key driver for the U.S. economy for a number of years now. Up until the last year or so, the wealth effect of either the stock market or the real estate market has been the underpinning or our economic expansion.
After taking a breather for several years, the … (0 comments)

housing market: Bryan/College Station Texas market poised for growth - 11/02/06 07:26 PM
We hear quite a bit of information about "the housing bubble" as if it were a constant in the universe.  Many markets, including mine, aren't facing a bubble at all, but instead reaching newer highs than ever.  While many markets aound the nation were increasing unbelievably our market instead performed like … (2 comments)

housing market: Shift Happens... Today's Colorado Springs Housing Market - 11/02/06 08:25 AM
The market in Colorado Springs IS moving. Let's just compare the Single Family House Market from October 2005 vs. October 2006... From a current Pikes Peak Association of Realtors Statistical report:
New Listings:October 2005: 1,580October 2006: 1,486DOWN 5.9%
Sales:October 2005: 1,124October 2006: 903DOWN 19.7%
Average Sales Price:October 2005: $241,799October 2006: $263,811UP 9.1%
Median Sales Price:October 2005: … (1 comments)

housing market: A little Gun-shy in this Market...some reasons to consider buying now - 10/28/06 08:02 PM
Here are a few reasons to consider buying in this market (no shooting the messenger), depending on where you are:
 1. Inventory - there are LOTS of choices of style, price, location, age, condition, etc. If you can't find what you want perhaps it doesn't exist (maybe an exaggeration). But don't let … (3 comments)

housing market: Market Data for SEPTEMBER 2006 - Oceanside, CA (92054, 92056, 92057) - 10/26/06 04:38 PM
Here are the market statistics complied from the MLS for the month of September for Oceanside, CA (I report these every month for the communities I service along the coast in San Diego County).
The Oceanside real estate inventory has dropped for both attached and detached homes from August. However the … (2 comments)

housing market: Feds Finds Cooling Down In Housing Market - 10/13/06 09:00 AM
Fed Finds Cooling Down In Housing Market The economy continued to grow in the early fall despite a 'widespread cooling' in the once-hot housing market, the Federal Reserve reported Thursday.
The Fed's latest survey of business conditions around the country found the economy expanding with growth being described as 'moderate or mixed.'
However, the … (0 comments)

housing market: Can you still make money in real estate? - 10/03/06 09:10 PM
You can make money in an up or down market. There are a few reasons. First is that in an up market obviously the prices are going up that is a no brainer. But how about in a soft market. Well in any market over time just like the stock market, … (0 comments)

housing market: Housing at the Tipping Point - 10/03/06 02:41 PM
By Martin Crutsinger - AP Economics Writer
WASHINGTON — Housing prices, slumping after a five-year boom, are projected to decline in half of the nation's metropolitan areas, with the Northeast, Florida and California among the areas hardest hit.
The forecast by Moody's Economy.com, a private research firm, presents one of the starkest views … (0 comments)

housing market: Noticeable Industry Shift - 10/02/06 03:53 PM
I have noticed in the past couple weeks the shift into Manufactured Housing Sales, Foreclosure Bailouts, and Hard money transactions.
Perhaphs the A.R.M. craze is catching up? If you can imagine, there are still mortgage products out there that offer 125% of the value of the home as a second mortgage … (0 comments)

housing market: CNN Finally Admits the Bubble Has Burst! - 09/27/06 06:47 AM
Why might anyone not admit or refuse to believe that the bubble has burst?  For the past year, I’ve been talking about the bubble bursting and for the year leading up to it, I’ve been warning that a “correction” is imminent.
  All we need to do is look back to the … (4 comments)

housing market: Regional differences in the housing market - 09/26/06 01:33 PM
I just spent 5 days back on the Boston area visiting family and friends, and also chatted a bit with some old colleagues in my RE/MAX office in Cambridge (home of MIT and Harvard). Like San Diego, Boston has been one of the hottest real estate markets and in the last … (1 comments)

housing market: Report on the state of the housing market in San Diego - 09/18/06 07:18 PM
In case you did not see these, here are a couple of recent articles on the housing market. The first is from the North County Times Blog post on "House Prices Drop for First Time in Years."
A related editorial piece in the NC TImes is entitled "No Need to Start … (0 comments)

housing market: New Agents: Influx or Glut?? - 09/17/06 04:59 AM
Despite what you read in the paper about the decline in overall market activity, new agents continue to come into our industry in record numbers. The number of real estate agents with active licenses is 120,141 in the Washington DC Metro Area! These people are surging into the field even though … (0 comments)

housing market: Spring Market: Boom or Bust? - 09/16/06 05:46 AM
 
Some industry journals have already started talking about the Spring 2007 market with predictions that range from a continued slow-down and lower prices to more bullish predictions with a retrun to houses selling hot off the griddle. 
I agree the market is going to continue to improve, but I don't see … (0 comments)

housing market: Bubble Sitting - 09/07/06 03:59 PM
Most agents, I suspect, are dealing with the changing market such as the one we are experiencing here in Southern California, where we have moved from a very active seller's market to one that is much more buyer friendly, with large inventory, slowed appreciation, increased marketing time, and even some price … (2 comments)

housing market: It is a Buyers Market Now - 08/24/06 12:56 PM
Here is what I got in my inbox concerning home buyers. Inventory and expireds are at an 11 year high! Take a look at the article and this may help your creative genius to come up with a nice listing strategy. I prospect expireds and I am busier than ever. Here … (1 comments)

housing market: Mortgage Rates Decline Again ~ Third Week! - 08/11/06 10:39 AM
Great news for home buyers! For the third week in a row, mortgage rates have dropped. This is good news for people shopping for new homes since rates have been rising since April 2006. At one point, the mortgage rate hit a high of 6.8%. The average rate for a 30 … (0 comments)

housing market: More Muck Raking by Local Newspapers - 07/25/06 12:28 AM
 
I feel that part of our duty as bloggers (specifically bloggers about Real Estate) is to bring a direct challenge to the popular media about the negative spin that they attempt to add to the reality of the nation's housing market.  Part of the spirit of blogs is to have a … (1 comments)

housing market: Space Shuttle, Housing Market Make Soft Landings - 07/17/06 09:48 AM
Since the regular reporter is on vacation from the OC Register, I finally feel safe enough to provide a link back to the article. Jon Lansner is mostly a fire and brimstone columnist, with a blog powered hatred for Real Estate Agents.  A view of the comments of civilians who are … (1 comments)

housing market: NAR Predicts 3rd Best Year - 06/27/06 01:46 AM
The housing market is settling but should experience its third-best year in 2006, with job creation and a growing economy offsetting some of the effects of rising interest rates, according to the NATIONAL ASSOCIATION OF REALTORS®.The South Orange County April 2006 sales statistics generally are consistant with this prediction, but when … (1 comments)

 
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