Housing continues to ascend in both numbers and values in April 2013 as reported by the National Association of Realtors®. Existing home sales jumped 9.7 percent from April 2012 to April 2013, now at a seasonally-adjusted annualized rate (SAAR) of 4.97 million The number of… Read more

Let’s commence the discussion today on axioms. An axiom is defined as that which is evident. Axioms are also an anchor or starting point on which to logically build. I had a land economics professor at Texas A&M (Dr. Ivan Schemedemann) whose primary axiom was… Read more

Where today can you make the best profits when flipping homes? To answer that, RealtyTrac, which offers a wealth of data in housing and mortgage markets, dug deep into housing sales across the country. Rising home prices continue to support flipping, when properties often resell… Read more

There’s a real dilemma as an investor relations person when it comes to Wall Street and your company’s earnings performance. If you have a bad quarter and fail to meet expectations, the market will react negatively and essentially punish your stock price – sometimes literally… Read more

March existing home sales, as reported by the National Association of Realtors® (NAR) , showed good improvement compared to March 2012, with sales on a seasonally-adjusted annualized rate (SAAR) up 10.3 percent to 4.92 million, while median price jumped 11.8 percent to $184,300. These are… Read more

Once again I invoke the TINSTAANREM clause — There Is No Such Thing As A National Real Estate Market. Each real estate market is different. Ditto the economy. And proving that clause today is Corpus Christi, Texas. Yesterday I had the opportunity to speak in… Read more

One of the megatrends I have talked about the past two years is that we will continue to have younger individuals being more predisposed towards rental housing. I truly believe that most of the college and trade school graduates in the past five years and… Read more

Existing home sales statistics for February 2013 were just released by the National Association of Realtors® (NAR), and the housing recovery is now close enough to reach a normal level of sales activity within the next 12 months. Existing home sales, on a seasonally adjusted… Read more

Existing home sales gained speed in the first month of 2013, up 9.1 percent in January 2013 when compared to the same month in 2012, as reported by the National Association of Realtors® (NAR). At the current rate observed in January 2013, sales are on… Read more

The story behind the November 2012 existing home sales data is that the number of months of inventory was less than five months – the lowest since the market peaked in September 2005. Real estate economists generally contend that six months of inventory of existing… Read more