Looking for a break in the frenzy? Keep an eye on the active inventory. We've considered a 2:1 ratio to be a sign of a healthy market. Since April 29th, the UNDER-$1.2 market has stayed red hot with 87 new listings and 78 new pendings (1.16:1), and the OVER-$1.2...
Another band that blazed the early punk-rock trail in the late 1970s and early 1980s was Siouxsie and the Banshees. They suffered a similar fate as X, as both struggled for radio airplay and record-company recognition even though they were hailed as ground-breaking...
This was marked pending after three days on market:
A California man successfully halted a foreclosure sale on his property using the newly minted California Homeowner Bill of Rights to obtain a court injunction against two foreclosing parties: Bank of America and its Recontrust Co. subsidiary. For simply obtaining the...
From dsnews.com: A majority of real estate experts responding to a recent Zillow survey expressed some concern that the Federal Reserve’s current policies could lead to another housing bubble. Only 4 percent of respondents are not at all worried about a bubble...
Here's a seller who couldn't find a buyer in either of the last two years, who this year sold in the first six days on the market - without changing the price: This location is among the most inferior in the tract, yet still sold for almost $900,000 - you can bet that...
From HW: It seems Americans are growing more optimistic about the state of housing, as more than half of Americans now expect the country’s home prices to appreciate within the next year, Fannie Mae reports. Those results came from Fannie Mae’s April 2013 National...
Can you help but be suspicious about what is really going on when you see lousy reports like this? Reporters aren't looking too hard at it. From HW: The California Homeowner Bill of Rights is slowing the movement of distressed properties in the West Coast state,...
Hat tip to ocrenter who sent this in from Bloomberg - a prototype new home that generates its own energy that they think they can sell for around $250,000: The youtube remarks are somewhat critical of the idea - you still have to purchase the natural gas to run the...
The recent frenzy has been frustrating for buyers - should you wait-and-see? The history of the median sales price shows that there is usually some softening around Dec/Jan - that is, up until this year: US Median Sale Price US real estate info The demand feels...
