The relative interaction of supply and demand combine to realize home prices and rental rates—and both are a local market phenomenon [As always, I invoke the “There Is No Such Thing As A National Real Estate Market” — the TINSTAANREM clause — since not all… Read more
Posts Tagged ‘real estate trends’
Another Top 10 List — Where Most Underwater Homes Are Located, And We Are Not Talking H20 Here Nor Flood Insurance…..
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
Foreclosures Decline 24 Percent June 2012 Vs. June 2011 CoreLogic Reports. HARP Lending 18 Percent of Residential Lending Mix Per Freddie Mac
CoreLogic, a premier provider of real estate and consumer related data, just released the latest info on U.S. housing markets from a default perspective. Another report from Freddie Mac adds to this, as well as an excellent summary by the Mortgage Bankers Association (MBA). Key… Read more
Homevestors (We Buy Ugly Houses®) based on analyses completed by Local Market Monitor ranked cities selecting the top markets to invest in rental housing. They report current median home prices, forecast 2015 median home values, projected annual rent in 2015, and the premium of return… Read more
Home affordability is a function of the cost of the home, monthly payments (mortgage payment, taxes and insurance), and the level of income at that locale. The National Association of Home Builders and Wells Fargo compiled a list of the 10 Cities With the Most… Read more
Each quarter, Dr Glenn Mueller at Dividend Capital updates his outstanding report on commercial real estate market cycles. He segments his reports to five separate commercial property types in more than 50 Metropolitan Statistical Areas (MSAs). Property types include: Office Industrial Apartment Retail Hotel His… Read more
The new home sales numbers look like the profile of a double black diamond ski run, with moguls at the bottom of the hill. Good news is that we have finally run out hill, so to speak, and are just now starting to head up… 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
There are positive signs spanning the spectrum indicating a turning real estate market despite some weak spots across the country. Just a few days ago, USA Today reported that the number of existing homes for sales had dropped 22 percent from a year ago and… Read more