Other housing markets may be experiencing mild to severe downturns in their housing markets, but Houston appears to have dodged the proverbial bullet. In February, according to the Houston Association of Realtors, the Houston housing market posted gains in price and sales activity.
The median price of a single-family home increased 2.5% […]
A recent online article in the WSJ called Where Subprime Delinquencies are Getting Worse($) took a look at the housing market and the impact the subprime market collapse is having. It also had some great graphic representations of the extent of the subprime market as it relates to the entire U.S. market. […]
Analysts are scratching their heads over the the recent plunge in home sales in the Chicago-area. For the first two months of the year, they have declined 12.1 percent from 2006. Many were expecting to see a spring bounce back, and instead see a market that continues to struggle.
David Stiff, a housing-market analyst […]
According to the latest census figures, Maricopa County in Arizona continues to be the fastest growing county in the U.S. in terms of population growth. More than 3.8 million people call the county, which is the size of New Jersey, home. It has grown by nearly 700,000 people since 2000, or […]
Real estate professionals in Florida are forecasting that 2007 will be the year the deflated housing market rebounds to a state of normalcy. Both national and state-level figures seem to reflect this opinion.
Wayne Archer, the Director of the University of Florida’s Bergstrom Center for Real Estate Studies agrees that the year should get […]
A recently released report from Global Insight and National City Corp. found that the typical house in the Seattle metropolitan area was 31.7% overvalued in the last quarter of 2006. This was up 6.4% from the prior quarter and 24.3% from the end of 2005. Many local experts disagree that Seattle’s market […]
GlobalInsight recently released the 2006 fourth quarter update of the U.S. Housing Valuation Analysis which showed the incidence of overvaluation in the nation’s housing market continued to decline, the result of falling home prices. Declines in home price valuation were concentrated most sharply in California, Florida and the New York metro area. Between […]
The Greater Nashville Association of Realtors (GNAR) recently released mixed numbers suggesting home sales in Middle Tennessee were down 1.3% from February 2006 but that the prices of homes and condos were rising.
The median price for a single-family residential home in February was $169,900. For a condo, $163,000. Last year’s median residential […]
Florida’s single-family residential housing market has bottomed. Those are the findings of a recent University of Florida study. The message to potential home buyers? If you’ve been taking a “wait and see” position. It’s now time to take the plunge. Prices probably aren’t going to fall much anymore. […]
Southern California’s housing news has been mixed. According to a recent report by DataQuick Information Systems, housing sales in Southern California fell to a year low while prices climbed higher to a new record.
In February, a total of 17,680 homes sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and […]