By Lani Rosales on February 25, 2010
How does your city rank?
Forbes.com released their list of Top 10 Best Housing Markets based primarily on the stability of each metro area as measured by affordability rankings and foreclosure rates as an indicator of a lack of excess inventory, making the top cities…
Posted in News | Tagged real estate market
By Lani Rosales on February 23, 2010
The Good
Today’s S&P/Case-Shiller Home Price Indices showed several cities enjoyed rising home prices recorded in the fourth quarter of 2009 like San Francisco where prices rose 4.8% from Q4 2008, followed by a 3% increase in Dallas and a 2.7% increase in San Diego.…
Posted in News | Tagged real estate market, Real Estate News
By Lani Rosales on February 22, 2010
Multi-generational housing
Over the last 12 months, 37% of Coldwell Banker Real Estate real estate sales professionals noted an increase in buyers looking to purchase homes to suite more than one generation of their family, according to a recent Coldwell Banker survey of its network…
Posted in News | Tagged real estate market
By Lani Rosales on February 19, 2010
Not surprising
Harris Interactive and Zillow.com perform a study each quarter that measures how homeowners view their home’s value versus actual market stats. Former studies show homeowners held a belief that their home’s values were steady or rising despite the reality that values were dropping,…
Posted in News | Tagged real estate market
By Lani Rosales on February 17, 2010
Bargain hunters, get ready
Today, Zillow.com and Good Morning America uncovered what they’ve deemed the “Top 10 cities to bargain for a house.”
Zillow said that to determine the list, several factors were considered “including where buyers were able to negotiate the biggest discount off…
Posted in News | Tagged negotiation, real estate market
By Lani Rosales on February 16, 2010
Big changes in 2009
As you may have already guessed, 2009 was the year of dropping commissions and a great number of agents actually lost their licenses. The past year has been rough not only on homeowners losing their homes, politicians who have tasked themselves…
Posted in News | Tagged real estate economy, real estate market
By Lani Rosales on February 16, 2010
Mystery solved?
It is reported that “Home prices will likely decline another 8% from Q409 to the end of 2010, reversing recent gains in the market, for a 34% peak-to-trough drop, according to a Moody’s report which faults the “underwhelming” success of the government’s Home…
Posted in News | Tagged real estate economy, real estate market
By Lani Rosales on February 5, 2010
Just a blip?
After a year and a half of slowly declining numbers of homes listed for sale in America, January’s numbers reported by ZipRealty show an increase in listings by 2.9% or 15,000 total homes.
The rise in the number of listings in the…
Posted in News | Tagged real estate market, real estate sales
By Lani Rosales on February 3, 2010
Pending home sales up
According to the National Association of Realtors, pending home sales (based on number of contracts signed) are up 1% from November to December and is 10.9% from December 2008. After a rough November that resulted in a 16.4% drop from October,…
Posted in News | Tagged pending home sales, real estate economy, real estate market
By Lani Rosales on February 3, 2010
New home sales
Despite a drop in builder confidence, D.R. Horton’s fourth quarter (2009) earnings call reveals a steady optimism within the company. Although the year ended with its first quarterly operating profit since the first quarter of 2008, the company is bracing for the…
Posted in News | Tagged new home consruction, real estate market
