kristen zorda: Inside Lending Newsletter From Kristen Zorda, "Learn from yesterday"
- 09/08/14 11:44 PM
QUOTE OF THE WEEK... "Learn from yesterday, live for today, hope for tomorrow." --Albert Einstein, German-born theoretical physicist INFO THAT HITS US WHERE WE LIVE... Einstein's scientific genius provides some smart advice for today's housing market. "Learn from yesterday": we recently learned that the home price decline a few years ago was not as severe as originally thought. Property values nationally, from their February 2007 peak to their December 2011 trough, only dropped 26%, not the 34% originally reported. This finding comes from analysts at the well-regarded S&P/Case-Shiller Home Price Index, who just spent more than a year re-working their model with … (0 comments)
kristen zorda: Inside Lending Newsletter From Kristen Zorda, Existing Home Sales Were Up
- 07/01/14 12:04 AM
QUOTE OF THE WEEK... "Success is the sum of small efforts repeated day in and day out." --Robert Collier, American writer INFO THAT HITS US WHERE WE LIVE... The daily efforts of housing market professionals achieved some impressive successes in May. Existing Home Sales were up 4.9% for the month, to a 4.89 million annual rate. Sales are still down a tick versus last year, but they're getting closer to a healthy 5 million unit yearly pace. It was especially good to see that inventories continued to grow in May and are now up 6% compared to a year ago. The months' supply dipped to 5.6 months … (0 comments)
QUOTE OF THE WEEK... "Learn from yesterday, live for today, hope for tomorrow." --Albert Einstein, German-born theoretical physicist
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