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Early Warning Signs

Zillow: Don’t Buy a Home in Hartford!

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The folks in Conecticut will be unpleasantly surprised to learn they beat out Vegas and Miami as the riskiest market to buy a home. Zillow set out to look at the markets where housing prices have declined the most over the past 35 years  and chained the Zillow Home Value Index (ZHVI) backward in time to 1979 Q4 using the ... Read More »

Weak March Sales Threaten To Rain on Price Parade

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The year over year price increases that the real estate industry has grown accustomed to may be in for some dicey days if sales in April aren’t better than March.  March prices registered an 11.1 increase over 2013, 1.3 percent higher than February, but CoreLogic is forecasting a rise of only 0.8 percent in April. The CoreLogic HPI Forecast indicates ... Read More »

What’s Wrong With This Picture?

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  April is supposed to be the month that real estate agents’ phones ring off the hooks, yard signs sprout like dandelions, buyers line up for showings and offers fall from the sky like cherry blossom petals. Above all, this was to be the spring season when at last all the stars were properly aligned in the real estate galaxy ... Read More »

Pocket Listings Pop up in Chicago

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Once solely the province of high end and celebrity markets like the San Francisco Bay area, Beverly Hills and Malibu, pocket listings now are increasingly popular in lower brow parts of the Chicago market, according to local RE/MAX broker/owners. The broker/owners of RE/MAX offices in Chicago, Buffalo Grove, Rockford and Belvidere, Ill. report an upswing in requests from clients for ... Read More »

October Prices Lag in the Midwest

Price growth was strong in every region in October, including the Northeast where prices rose more than any other region. However, Midwest prices continued to trail the nation as the recovery is still fragile in the nation's heartland. Read More »