The National Association of Realtors® has released the 10 metropolitan markets with the lowest median listing prices in December 2011.  Note that these are listing prices and not selling prices.  There can be a difference in the list versus median price due to several causes. … Read more

AOL has just released a compilation  of home price statistics that have a unique perspective on the U.S. housing market.  Standard & Poors’ Case–Shiller Index reported a year-over-year price decline of 3.7 percent (November data) while the National Association of Realtors® saw 2011 declines of… Read more

Market Watch reports an analysis of the best five and bottom five housing markets in the country by Local Market Monitor for prices in the coming three years based on employment growth (jobs are everything), population growth and housing inventory (yes, supply and demand are… Read more

HomeGain’s latest study of more than 400 real estate agents and 2,000+ homeowners finds that three out of four home sellers (76 percent) think their home is worth more than their listing agent’s recommendation, up from 73 percent a year ago.  In contrast, 68 percent… Read more

OK–I know, not a newsworthy event but great trivia….. Imagine paying $2 million cash for a double wide mobile home and not getting the land.  That’s what happened in Malibu, Ca, according to AOL Real Estate Reports.  And monthly land rent is up to $2,000. … Read more

Number of New Home Sales 12-Month Moving Average Declines 16.5 Percent From July 2010 to July 2011 — Current 299,000 Annual Average Versus 1 Million Normal New home sales continue in the doldrums as July 2011 tallied 298,000 on a seasonally-adjusted annualized rate (SAAR) compared… Read more

July 2011 Existing Home Sales Up 21 Percent From July 2010 at 4.67 Million SAAR — But Were Down 3.5 Percent Sequentially From June 2011 — Median Price Down 4.4 Percent Year-Over-Year at $174,000 Year over year home sales rose 21 percent from July 2010… Read more

June existing home sales dropped almost 1 percent sequentially from May 2011, and were off 8.8 percent from June 2010 (not a surprise since June 2010 was the last month featuring the $8,000 homebuyer tax credit.  Also expect an increase year-over-year in July due to… Read more

Record housing sales in some hard-hit markets are finally getting inventory down to manageable levels—so there is good news on the horizon (but that does not mean we will reach that horizon tomorrow).  And yes, these writers confirm the slowdown in foreclosures are not related… Read more

Median Price Off 5.2 Percent Year-Over-Year — see link to press release at the end of the post The housing market continues to struggle as February sales of existing homes dropped 9.6 percent sequentially from January and were off 2.8 percent when compared to February… Read more