foreclosures: A leading indicator for home prices? Follow the rents!
- 04/01/10 05:29 AM
The big question for home buyers and sellers today is: "Where are home prices headed?" People want to know if now is a good time to buy or sell, or if they should wait. We all need to stay on top of trends in real estate values -- so what's a good way to analyze the situation? Yale economist Robert Shiller states it bluntly: "If you look at the trend in rents to see where housing prices are headed, you're looking at the right measure." Shiller is the co-developer of the S&P Case/Shiller Home Price Indices that monthly track residential real … (1 comments)
foreclosures: Social Media for busy professionals
- 03/31/10 05:03 AM
Social media for busy professionals Online social media networks are becoming very important to the people we want to reach. For the week ending March 13, Facebook was reported as the most visited Web site in the U.S. This was the first time it surpassed Google for an entire week! No wonder more and more business professionals are using social media. But it does take time. To make sure you're using that time well, here are some tips to get the most out of online networks. 1. Keep your eye on the goal. The ultimate goal in using a social media … (1 comments)
foreclosures: This Weeks Forecast
- 03/30/10 06:30 AM
This Week's Forecast INFLATION, MANUFACTURING, JOBS... Everyone will be waiting with bated breath for Friday's Employment Report, when even pessimistic observers are predicting the recovery's first serious increase in payrolls. Markets will be closed for Good Friday, although the Federal government will be open. But let's not forget about Monday's PCE reading, which is the Fed's favorite look at inflation. Any rise here could bring the Fed closer to a rate hike. Finally, we get two looks at the strengthening manufacturing sector with the Chicago PMI and the ISM Index. >> The Week's Economic Indicator Calendar Weaker than expected economic data tends … (0 comments)
foreclosures: Market Update
- 03/30/10 06:20 AM
>> Market Update INFO THAT HITS US WHERE WE LIVE February existing home sales were down for the third month in a row, but the 0.6% drop was less than expected. We had severe winter weather putting a damper on things and we're still seeing the hangover from sales pushed into October and November when everyone thought the homebuyer tax credit was going away. February new single-family home sales were down 2.2%. But the median price of $220,500 was UP 5.2% over last year and the average price of $282,600 was a strong 9.3% UP from a year ago. The Mortgage Bankers Association … (0 comments)
The big question for home buyers and sellers today is: "Where are home prices headed?" People want to know if now is a good time to buy or sell, or if they should wait. We all need to stay on top of trends in real estate values -- so what's a good way to analyze the situation?
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