current market conditions: 5 Projections of Where the Housing Market's Headed
- 06/26/12 05:37 AM
Daily Real Estate News | Monday, June 25, 2012 Real estate markets across the country are inching their way to a slow recovery after bottoming out, according to several real estate economists who spoke at a forum hosted by the National Association of Real Estate Editors. National Association of REALTORS®’ Chief Economist Lawrence Yun, Zillow Chief Economist Stan Humphries, and National Association of Home Builders Chief Economist David Crowe shared their views on the direction of the housing market during the forum. "Last year was the worst year on record for [new] house sales, for 60 years of housing-sale info," (0 comments)
Pending home sales declined in July but remain well above year-ago levels, according to the National Association of Realtors®. All regions show monthly declines except for the West, which continues to show the highest level of sales contract activity.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, slipped 1.3 percent to 89.7 in July from 90.9 in June but is 14.4 percent above the 78.4 index in July 2010. The data reflects contracts but not closings.
Lawrence (0 comments)
current market conditions: High-end home sellers lower their sights
- 02/23/10 05:14 AM
High-end home sellers lower their sights - LA Times- By Lauren Beale The housing slump is finally bringing down prices in the luxury property market. Billionaire tax cheat Leona Helmsley loved a good bargain. So, were she still around, the late hotelier might appreciate recent happenings at her Greenwich, Conn., estate known as Dunnellen Hall. FOR THE RECORD: Luxury-home prices: An article in Business on Saturday about a slump in the high-end housing market referred to Osterville, Maine. Osterville is in Massachusetts. The 14-bedroom, 13 1/2 -bathroom mansion, which came on the market priced at $125 million two years ago, has (0 comments)
current market conditions: Ashlie DuCros and Associates- Open houses this weekend!
- 02/09/10 02:50 PM
Ashlie DuCros and Associates- 2 Open Houses this weekend! Michelle Ramirez will be hosting a open house this weekend in Orange County this Saturday 2/13/2010 from 1-4pm at 2125 Arbor Circle Brea Ashlie DuCros will be hosting a open house in Riverside County this Saturday 2/13/2010 from 1-4pm in Crown Ranch! 1061 Flager Ranch Road Corona! Agents will be available to answer any questions you may hove about the current real estate market and short sales,etc. If you are unable to make it please contact us to set up a appointment. For more information on our properties please visit www.AshlieDuCros.com or (0 comments)