Market Trends

December 3, 2012 - 10:03 AM
november foreclosure report
The two steps forward, one step back theme of national real estate recovery continued in October, as evidenced by foreclosure activity. On the negative side: After many months of decline, foreclosures on U.S. homes rose in October of 2012.  On the positive side: The increase, while 3% over September of 2012 Read More

Foreclosure Activity Analysis: Shadow Inventory not such a Big Deal?

Foreclosure shadow inventoryThe two steps forward, one step back theme of national real estate recovery continued in October, as evidenced by foreclosure activity. On the negative side: After many months of decline, foreclosures on U.S. homes rose in October of 2012.  On the positive side: The increase, while 3% over September of 2012, is still far better than October of 2011, when those filings were 19% higher. 

November 29, 2012 - 10:29 AM
The Case-Shiller numbers rolled in on Tuesday and brought yet another good report: U.S. home prices continued to rise throughout the third quarter of 2012. The third quarter contains some of the warmest months of the year – July, August, September – and that’s reflected in increased buyer demand. More Read More
November 26, 2012 - 10:00 AM
cyber monday foreclosure report
Foreclosures, for some buyers, represent the super sales of real estate, those hot bargains folks line up for in the wee hours of the morning. Of course, competition for foreclosures doesn't look the same as competition for Twilight, the movie, in DVD; but all of us interested in real estate recognize the Read More

Cyber Monday Foreclosure Report

Foreclosures, for some buyers, represent the super sales of real estate, those hot bargains folks line up for in the wee hours of the morning. Of course, competition for foreclosures doesn't look the same as competition for Twilight, the movie, in DVD; but all of us interested in real estate recognize the importance of tracking foreclosures in both our local and national markets.

November 20, 2012 - 10:28 AM
Jersey shore
October data, despite the serious and tragic impact of Hurricane Sandy, are largely positive nationally. Today we look closer at the month behind us, and speculate on months to come. Inventory The current supply of homes was the lowest national number since February of 2006 this October. So, in a nutshell, Read More

Hurricane Sandy's Impact on National Real Estate

October data, despite the serious and tragic impact of Hurricane Sandy, are largely positive nationally. Today we look closer at the month behind us, and speculate on months to come.

Jersey coast after Sandy

Inventory

November 15, 2012 - 8:24 PM
  Condos Back in Vogue IN PDX? After several years of declining popularity, demand, and prices, Portland condos are enjoying something of a comeback.  Over 11% more condos have sold, according to October, 2012 data, in comparison with October of 2011. This is a particularly impressive gain given the Read More

PDX Condos: Back in Fashion?

 

Condos Back in Vogue IN PDX?

After several years of declining popularity, demand, and prices, Portland condos are enjoying something of a comeback.  Over 11% more condos have sold, according to October, 2012 data, in comparison with October of 2011. This is a particularly impressive gain given the incredible dip in condo inventory: 10/2012 offered more than 33% fewer units that 10/2011.

November 8, 2012 - 2:54 PM
San Francisco is enjoying a hot fall indeed when it comes to real estate values. In September of this year, single family homes were at a median list of $899K--over 35% higher than September of 2011. Of course, some readers will point out that asking price is often a more optimistic than realistic figure. In Read More

Fall is San Francisco: Hot, Hot, Hot

San Francisco is enjoying a hot fall indeed when it comes to real estate values. In September of this year, single family homes were at a median list of $899K--over 35% higher than September of 2011. Of course, some readers will point out that asking price is often a more optimistic than realistic figure. In this case, the median selling price of $720K was almost 11% higher than it was in 9/2011. These hot numbers have surely been helped by the continued low inventory- San Francisco proper offered up almost 40% fewer single-family homes for sale this September compared to last year.

November 6, 2012 - 10:56 PM
Obama and real estate
We’ve explored President Obama’s efforts to revitalize the real estate industry before, but now that he has been re-elected, we’ll look again. This time, our focus is what we can expect, and what we might hope for, in this 2nd term. HARP 2.0 In October of 2011, President Obama announced an overhaul of HARP Read More

Post-election: Real Estate and Obama's 2nd Term

Obama 2nd term and real estateWe’ve explored President Obama’s efforts to revitalize the real estate industry before, but now that he has been re-elected, we’ll look again. This time, our focus is what we can expect, and what we might hope for, in this 2nd term.

HARP 2.0

November 1, 2012 - 11:01 AM
Low, low inventory – it’s definitely not a new story. In September, when I wrote about the shrinking inventory of homes for sale, we were still waiting to see if buyer demand would persist, pushing up prices or if frustrated buyers would throw in the towel, halting price gains for the time being. Nationally Read More

How Low Inventory is Playing Out Across the Country

Low, low inventory – it’s definitely not a new story. In September, when I wrote about the shrinking inventory of homes for sale, we were still waiting to see if buyer demand would persist, pushing up prices or if frustrated buyers would throw in the towel, halting price gains for the time being.

October 30, 2012 - 10:59 AM
shadow inventory
http:// Sarah Green explored the persistence of shadow inventory in the American housing market last week. That aspect, plus other variables—the effect of which we can’t predict with 100% certainty since the current conditions are unprecedented —have the power to make- or tank- the country’s real estate Read More
October 18, 2012 - 10:17 AM
We’ve been reporting on a lot of positive numbers for the housing market – pending sales are looking good across much of the country, prices are rising as a result of steady demand and low housing inventory. But what about the old elephant in the room – the shadow inventory of foreclosures? Is it still Read More

Fall Foreclosure Report

We’ve been reporting on a lot of positive numbers for the housing market – pending sales are looking good across much of the country, prices are rising as a result of steady demand and low housing inventory. But what about the old elephant in the room – the shadow inventory of foreclosures? Is it still casting gloom over what looks to be a housing recovery?

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