Tag Archives: Crash

US Pending Home Sales Tick Upward in March

“Contract activity has been in a narrow range in recent months, not from a pause in demand but because of limited supply,” said Realtors chief economist Lawrence Yun in a release. “Little movement is expected in the near-term sales closings, … Continue reading

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Housing recovery spreading in Bay Area

Neighborhoods around the Bay Area, from Silicon Valley to the East Bay, are seeing home values near their pre-crash levels, according to the real estate site Zillow.com. The Mercury News reports that 34 of 185 ZIP codes in the region … Continue reading

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Despite High Demand, Some Builders Slow Production

While smaller builders are taking the brunt of the price increases, the big public builders may actually be taking advantage of them. Knowing that supplies are low and demand is high, some are limiting sales in order to keep prices … Continue reading

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Housing Already Shows Signs of a New Bubble

Barely a year in, home prices rose over eight percent annually in December, according to a new report from CoreLogic. While still down double digits from their 2006 peak, prices are suddenly soaring again and raising some serious red flags. … Continue reading

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New Housing Fears: Home Prices Are Rising Too Fast

As a result, home prices are now rising more and faster than most analysts predicted due to this short supply, up 7.4 percent year-over-year in November, according to CoreLogic. They are especially surging in some of the hardest hit markets … Continue reading

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