For nearly two months, through the heart of the spring buying season, the Institute for Luxury Home Marketing's Market Action Index has stayed stuck at 29, one point below the official level designating a seller's market.
Continue reading...Tuesday, May 14, 2013
In the several California markets that have seen soaring prices and historically low inventory levels during this spring buying season, a flood of new listings drove inventories up. The increasing inventories are helping to moderate price increases in the hot markets. In Sacramento, for example, list prices actually declined on a monthly basis.
Continue reading...Tuesday, April 16, 2013
Most sellers are getting as much or more than they are asking for their homes in eight out of 24 major metros tracked by a new market report released yesterday, a sign that the metros have crossed over from buyers' to sellers' markets.
Continue reading...Tuesday, April 2, 2013
Are zombie houses where the monsters live in the latest Resident Evil sequel? Or are they fraternities decked out for Halloween? Neither.
Continue reading...Friday, March 29, 2013
The hottest housing prices in the nation at last are encourage more sellers to list their homes, promising more sales and cooler price hikes in the weeks come.
Continue reading...Monday, March 18, 2013
A nationwide panel of 118 economists, real estate experts and investment and market professionals expects home values to end 2013 up an average of 4.6 percent and rise cumulatively by 22 percent, on average, over the next five years, according to the first quarter Zillow Home Price Expectations Survey.
Continue reading...Thursday, March 14, 2013
Property values in January were 5.7 percent higher than they were a year ago, but they still have a long way to go to regain the equity that has been lost in the past six years.
Continue reading...Wednesday, March 13, 2013
How real estate has changed in just a few months! For six years, real estate professionals have struggled to get buyers back into the market with advertising campaigns, incentives, and the willingness to suffer social abuse for proclaiming the housing depression to be a great time to buy a home.
Continue reading...Wednesday, March 6, 2013
At long last, there are signs that the unprecedented year-long decline in for-sale inventories are slowing, though continuing to fall, just in time for the spring home buying season. But inventories may continue to decline through 2013.
Continue reading...Wednesday, February 27, 2013
The major national home price reports agree on trends but never agree on numbers because their data comes from different places and are manipulated differently to create the most accurate results. Yesterday S&P Case-Shiller announced 20012's gain was 7.3 percent. The federal government's index showed a 5.5 percent gain.
Continue reading...
Thursday, May 23, 2013
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