From MND: There was general agreement on the increase in home price levels in May in data released from by two different sources this morning. The Federal Housing Finance Agency's (FHFA) House Price Index (HPI) showed seasonally adjusted home prices up 0.8 percent...
This guy worked the program nicely - his first NOD was filed in April, 2008 By the time this got foreclosed in May, 2012, the back payments, penalty fees, and negative amortization added up to more than $250,000:
Detached sales in the North SD County Coastal region were smoking hot last month. The average cost-per-sf has been bouncing along in a 10% range, with a recent spike lately. There were 280 detached sales in May, the highest monthly sales count since 2005 (in red). ...
With supply of new listings being sluggish, and buyer demand overheating with historically low rates, people were saying earlier that prices are bound to go up. But will they, and if so, how fast? Let this CV listing be a test. The last sale of this model was in...
Rich Toscano noted here that the low-inventory conditions might cause some appreciation: Months of inventory, which measures how many homes are for sale compared the rate at which they are being purchased, was notably lower than in recent Januaries past: There was...
CR's bottom call caused many to scoff, and point to various ivory-tower theories to refute it. This is what he said, which is more of a technical call about home-price indexes: And it now appears we can look for the bottom in prices. My guess is that nominal house...
Bill at CR is letting it rip today! http://www.calculatedriskblog.com/2012/02/housing-bottom-is-here.html An excerpt: For new home sales and housing starts, it appears the bottom is in, and I expect an increase in both starts and sales in 2012. As the first graph...
I made this statement at the end of 2010: The average cost-per-sf for detached sales in SD County rose 9% in 2010. I think it'll increase another 9% in 2011, fueled by the red-hot lower price ranges. But sales will struggle, possibly 20% fewer sales overall, because...
It must have been a slow week for real estate news - from the latimes.com: Could today's seductive conditions in the housing market — severely marked-down prices, record low interest rates and hundreds of thousands of foreclosures waiting to be resold — be breeding...
This guy has intriguing evidence, but his reasons are just ivory-tower guesses. Hat tip to DB for sending this along from businessinsider.com: Barclays analyst Stephen Kim is becoming increasingly convinced that the housing market is near a bottom and that it will...
