RECENT BLOG POSTS
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Keeping you updated on the market! For the week of June 20, 2011 MARKET RECAP It was announced this week that the homebuilders' sentiment index unexpectedly tumbled to 13 in May from 16 in April, posting the biggest drop in a year. This time around, homebuilders weren't feeling dour for the u...
06/19/2011
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Keeping you updated on the market! For the week of June 13, 2011 MARKET RECAP Negative equity pushed aside home price trends as the hot topic this past week. CoreLogic, which had a lot to say the previous week on prices, also had a lot to say about negative equity. CoreLogic reports that 22.7 pe...
06/11/2011
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Keeping you updated on the market! For the week of June 6, 2011 MARKET RECAP Have we really regressed to 2002? That's what we are being told by the S&P/Case-Shiller home price index, which claims national home prices have fallen to 2002 levels. According to Case-Shiller’s monthly index for March...
06/06/2011
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Keeping you updated on the market! For the week of May 31, 2011 MARKET RECAP We dabbled a little in economic theory last week, noting that more inventory produces lower prices and more sales. This week, the opposite occurred: less inventory produced higher prices, but also lead to more sales....
05/30/2011
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Keeping you updated on the market! For the week of May 23, 2011 MARKET RECAP We suspect that there are a few businesses tougher than the home-building business these days, but we are hard pressed to think of any. The homebuilders likely agree, given the homebuilder index remains at a depresse...
05/25/2011
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Keeping you updated on the market! For the week of May 16, 2011 MARKET RECAP Zillow.com had many in the media – from the Wall Street Journal, to Bloomberg, to the New York Times – talking this past week, and they were talking mostly about home prices. Home prices, according to Zillow, posted t...
05/15/2011
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Keeping you updated on the market! For the week of May 9, 2011 MARKET RECAP There wasn't much news on housing sales this past week, so markets focused on prices instead. The chatter centered mostly on fear of the dreaded “double dip.” The fear that home prices will continue to fall and will m...
05/07/2011
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Keeping you updated on the market! For the week of May 2, 2011 MARKET RECAP Based on several leading indicators, and on our own anecdotal evidence, we thought March real estate numbers would be noticeably better than January and February. That's indeed turning out to be the case. Sales of new ho...
05/02/2011
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Keeping you updated on the market! For the week of April 25, 2011 MARKET RECAP We had stated previously that an upturn in sales would mark the start of the spring buying season. We are happy to report that signs are appearing to support our premonition. RE/MAX reported that home sales increased ...
04/29/2011
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Keeping you updated on the market! For the week of April 18, 2011 MARKET RECAP Though it might not always feel like it, the economy is recovering. That's what the Federal Reserve tells us anyway (and we agree). The Fed’s recent reading of regional economies for the February and March period sugge...
04/18/2011