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Blog entries tagged with "median home price":
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Each month, the Commerce Department and the National Association of REALTORS® release national housing data. The former's release is called the New Residential Sales report and the latter's is called the Existing Home Sales report.Both reports highlight the "median sales price", the point at which half of the homes in the … (2 comments)
The colorful histories of Marin cities and townsLarkspur was supposedly having been named Lupine. Gergiana Wright, the wife of the city's first developer, Charles W. Wright, made a mistake thinking that blue flowers covering the hills were larkspur, the flowers she remembered from her homeland in England. Actually the flowers were … (0 comments)
HUD released their Median Home Prices for counties of California. This will impact both the FHA loans. The Fannie Mae Conforming Loan Limit should align to these as well but the official determination is scheduled for tomorrow. The new loan limit is 125% of the median home price. The median price is the 50% … (0 comments)
What is the State of the Housing Market? Please choose the best answer.A. Looks like the start of a recovery. NAR Q3 2007 Report indicates roughly half of US markets show an increase in median home prices.B. About flat, plus or minus 1%...OFHEO reports Home Prices down 0.4% in Q3 2007C. … (7 comments)
I am sure you are eagerly awaiting the Dutchess County Real Estate Market Report for January 2008. With the present market conditions more people are really paying attention to the numbers. The month of January started out on a down note. There were only 88 sales, a drop of almost over … (4 comments)
There are a wide range of reasons for neighborhoods to explode in value. Sometimes it's as simple as catching the overflow from the city's larger real estate boom. Other times, it can come from a dramatic reduction in crime, the resolution of a local financial crisis or government rezoning and infrastructure … (2 comments)
This is not news to anyone tangentially related to the real estate industry, but new home sales have hit their lowest level in the past 12 years. The average home price dropped 10% to $219,000 in December 2007 from $244,700 in December 2007. November new-home sales fell 13% to an annual … (0 comments)
Sales volume and the median home price in Marin County real estate seem to have an inverse relationship. Home sales were down in November by more that 25 percent compared to last year, but the median price was up by 6 percent to $975,000 as compared to last year’s median price … (0 comments)
While surfing around and generally distracting myself from the work I know I should be doing, I found a great new tool to use. If you look to the right on my post you will see 2 charts showing median homes prices for Jupiter, FL and Palm Beach Gardens, FL. I … (19 comments)
It is a great time to buy a home in Massachusetts. You cannot beat the investment. We have so much to offer: Our institutions of high learning, the culture, the history, the proximity to world renowned hospitals, the beautiful seasons (this year 2 summers), the "Red Sox," the "Patriots" and believe … (1 comments)
Guess who is living in the 6th most affordable real estate market in the country? YOU ARE, so wake up and quit waiting for a bottom or you'll miss a great opportunity to buy.
Is the current condition of the housing market just a self fulfilling prophecy? Homes prices are expected to drop .07% over the rest of the year. Am I reading this right, according to an article in the Union Tribune here in San Diego (Associated Press),the median price of homes will drop over … (1 comments)
Here's a recap of what happened in the Bothell, Washington market area last month.
The current issue of "Where to Retire" magaine lists “8 low cost towns with great home buys”.Not surprisingly my city of Knoxville, Tennessee is one of them; in fact one of the few things below average around here are home prices.The National Association of Realtors lists $143,000 as the median price … (8 comments)