Tag Archives: Property Value

Best Holiday Discounts on Housing

As we head into peak holiday sales season at the cash register, people are looking for the best deals possible. The same is true in the housing market. To find the biggest discounts, so-to-speak, Zillow used two metrics to find the best “Sale” on housing. The first is the largest price cuts as a percentage …Read more

Portland, Oregon — An Award Winning Rose of an Economy

This week I had the opportunity to speak to the Oregon Mortgage Bankers Association in Portland, Oregon. It was a fun trip to catch up with colleagues, friends, customers and for the first time, see a new granddaughter as my daughter, son-in-law and children live there. The Portland-Vancouver-Hillsboro Metropolitan Statistical Area (MSA) created 28,900 net …Read more

May 2014 Existing Home Sales Post Largest Sequential Monthly Gain Since August 2011 — But Still Remain Down 5 Percent from a Year Ago

As the summer weather warms, so is the housing market. May 2014 existing home sales rose 4.9 percent from April to a seasonally adjusted annualized rate (SAAR) of 4.89 million sales according to the National Association of Realtors®. With April’s 4.66 million sales on a SAAR basis (revised upwards), that made the largest sequential monthly …Read more

Another Top-10 List — Best Beach Town Housing Markets

As the summer kicks off, many renew the dream of buying and owning a property on or near a beach. After all, what is more mesmerizing than watching, being in or on the water. RealtryTrac® analyzed 100 beach towns in the U.S. They examined the average daily temperature, percentage of sunny days, percentage of days …Read more

Residential Building Permits — Single Family is Flat But Multifamily is Growing, Systematically Under Building

As housing continues to recover, the laggard in the sector is new housing sales. New home sales were essentially flat in the first quarter of this year when to the same period of 2013 – 107,000 in 2014 versus 109,000 in 2013 http://blog.stewart.com/stewart/2014/04/25/new-home-sales-misleading-metrics-downturn-not-as-severe-as-thought-year-over-year-q1-sales-almost-identical/ The same is true for single family residential building permits. Single family …Read more

Houston Economy and Housing Markets — Full Throttle Ahead

Jobs are everything to the economy. Period. And that is the same opening I used yesterday when talking about where things are happening, economically speaking, across the U.S. This morning I will be speaking in Houston (where I live), which can best be described as an economy accelerating at full throttle — an appropriate reference …Read more