24/7 Wall Street analyzed the latest report from CoreLogic and summarized the 10 states with the greatest percentage of underwater homes across the country. The CoreLogic report (which shows the massive extent of public data coverage they have) was based on actual loan amounts (they… Read more
Posts Tagged ‘Home value’
Another Top 10 List — Where Most Underwater Homes Are Located, And We Are Not Talking H20 Here Nor Flood Insurance…..
The big story in housing is actually two stories (which are related): Rising Listing Prices Shrinking Inventory Each month, The National Association of Realtors® (NAR) tracks assorted listing data in 146 markets nationwide. The two story trends noted above include: More than 75 percent of… Read more
Housing should not be viewed from a short-term perspective given transaction costs. Nor should home values be analyzed in a vacuum since you must live someplace. And since housing is truly a long-term asset, inflation comes into play. That said, take a look at what… Read more
Another Top 10 List: Largest March to April Listing Price Increase–And Year-Over-Year Listings Dropped in 141 of 146 Metro Markets
Realtor.com, which has more than 4.2 million active residential listings, each month tallies the top 10 metros for the largest increase in median listing price. Changes in asking prices are typically correlated with changing market conditions, and once again these indicate a recovering housing market…. Read more
April Existing Home Sales Up 10 Percent Year-Over-Year — Median Home Price Up 10.1 Percent Year-Over-Year — Yee Haw!
As I had written earlier this year, the U.S. housing market is finally turning the corner—and that is amplified in the release of April existing housing sales and prices from the National Association of Realtors®. [As always, I invoke the “There Is No Such Thing… Read more
Despite increased energy costs, the second home market—like the primary dwelling market—continues to heal albeit in a new mode not seen in the days of cheaper gasoline. A recent series of articles on second homes shows a new approach to second homes coupled with rising… Read more
The dearth of residential construction in the past four years and a growing (albeit sputtering) economy, has set the stage for several years of rising rents—and in some locations SIGNIFICANTLY rising rents. One of the mega themes I have addressed this past year in my… Read more
The big story for March 2012 existing homes sales was the significant decline in the inventory of homes available for sale (where the months inventory contrasts the current supply, on a seasonally-adjusted basis, to the sales rate). Months inventory in March 2012 was 6.7 months… Read more
MarketWatch reports on the list of best opportunities for real estate investors in housing focusing on those areas with renewed job growth, shrinking inventories and those in which demand has yet to pickup to a level significantly driving up prices. Many of these more desirable… Read more
There are very few globally-recognized locations as small as Aspen, Colorado (the entire County in which Aspen is located, Pitkin County, had a population of 17,148 in 2010 according to the U.S. Census Bureau). In the 1970s and early 1980s I did numerous appraisal assignments… Read more