Seriously…Robert, you may just be the most pessimistic person in the US this week. When I read this comment from Robert Shiller, I wondered if he was just fishing for some front page news for his Case/Shiller Home Price Index, or if he is really that dishearten about the future of real estate? De
...
04/25/2012
Let's imagine there had been no real estate bubble six years ago. Where might real estate home prices be? National home prices appear to have finally bottomed out in 2012, and by some estimates have fallen to where they should be based on historical averages. Essentially this housing crash has er
...
04/18/2012
Analysts at Bank of America say it will take a year to clear excess delinquent inventory in the worst areas such as Miami and Chicago at the current sales rate. However, Phoenix and San Francisco markets should only take 7 to 8 months. The Foreclosure sales rate is improving and banks are moving
...
04/16/2012
I predicted at the tail end of last year that 2012 was going to be Boise's year to see a big median home price jump, and the activity we had in March appears to be affirming that prediction. Median home price is not the same as home appreciation, but it is a major step in moving us toward that
...
04/10/2012
A "Flip" is a home--usually a distressed property (in foreclosure or neglected shape)--bought for below market value, then remodeled and "flipped" or sold for a higher price in less than a year. This process generally includes a thorough overhaul including paint, flooring, surfaces, lighting, ap
...
04/10/2012
