Tag Archives: Economy

Housing recovery rides rate roller coaster

“Last week mortgage rates retreated from a 23-month high as the Fed sought to reassure markets that the wind-down of the stimulus program would be gradual, and contingent upon strong improvement in economic fundamentals,” said Erin Lantz, director of Zillow … Continue reading

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Housing Recovery Rides Rate Roller Coaster

“Last week mortgage rates retreated from a 23-month high as the Fed sought to reassure markets that the wind-down of the stimulus program would be gradual, and contingent upon strong improvement in economic fundamentals,” said Erin Lantz, director of Zillow … Continue reading

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Home Prices See Largest Annual Gain in Six Years

Despite the strong gains, home prices are still down approximately 28-29 percent from their peaks in the summer of 2006 and are now back at levels not seen since late 2003. While prices continue to improve, there are still headwinds, … Continue reading

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Dealing in Multiples

By Mark Penn I remember learning in high school science class that equilibrium is a state of “no force or disturbance in any one direction.” Applying this concept to real estate, one might say that a balanced market – one … Continue reading

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Here’s What Is Fueling the Housing Boom in Vegas

Investors swarmed into the Las Vegas market, much like they did in Phoenix, AZ, using all-cash private equity funds to buy distressed properties in bulk. As competition grew and supplies shrunk, prices took off. While still well below the peak, … Continue reading

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