Tag Archives: Real Estate Trends

Another Top-10 List — Most Expensive Apartment Markets

Stewart’s headquarters is located in the Galleria area of Houston. This past year from my office window I watched an upscale residential mid-rise structure go up. To my surprise, it is an apartment development rather than condominiums. The asking rent for a one bedroom apartment ranges from $2,124 to $2,824 per month for 847 to …Read more

A Few Metrics of Professionals Selling Houses

Regardless of the profession, bandied about is the 80-20 rule in which 20 percent of the people do 80 percent of the business. This also is an often-claimed metric among real estate professionals selling houses. But is it true or just a wild guess at how the residential sales market actually performs? To answer this, …Read more

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

August 2014 Existing Home Sales – Dipping 1.8 Percent Sequentially from July and Down 5.3 Percent Year-Over-Year from August 2013 — Not Necessarily Bad News

Sales of existing homes in August were on track at a seasonally adjusted annualized rate (SAAR) of 5.05 million homes, down 1.8 percent from July 2014 and off 5.3 percent from August 2013 according to the National Association of Realtors® (NAR). Median home prices rose 4.82 percent to $219,800 in August 2014 versus a year …Read more

July Existing Housing Sales Hit Highest Annualized Level of 2014

July 2014 saw existing housing sales post the greatest seasonally adjusted annualized rate (SAAR) thus far this year at 5.15 million units according to the National Association of Realtors® (NAR). Sales increased 2.4 percent sequentially from June (revised), though they were off 4.3 percent from July 2013. Median price increased 4.9 percent from a year …Read more

Another Top-10 List — Over and Undervalued Housing Markets

In the past week I wrote about the strong robust economy in Portland, Oregon, and how that, given limited new residential construction, home prices in Portland, in my opinion, were at a premium today given historical price levels. Then I came across a study from Trulia that specifically examined current valuations with respect to historical …Read more