Tag Archives: Stan Humphries

Bay Area housing inventory drops by 30 percent

Fewer Bay Area homeowners listed homes for sale in June than last the same month last year.  Blanca Torres Reporter- San Francisco Business Times Email  | Twitter  | Google+  | LinkedIn Housing inventory was down by more than 30 percent during the past … Continue reading

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As Prices Rise, Banks Repossess More Homes

“Inventory will likely remain below year-ago levels for a while yet, as builders ramp up capacity and sellers wait to squeeze every drop of equity from their home before listing,” Zillow’s chief economist Stan Humphries said in a release. “But … Continue reading

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Why Housing Affordability Is at Risk

The average rate on the 30-year fixed mortgage dropped to 3.68 percent last week, according to the Mortgage Bankers Association. From 1985 through 1999, rates ranged from 6 to 13 percent. Present low rates have allowed buyers to purchase more … Continue reading

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Already Time to Throw Up Caution Signs on Housing?

Fitch contends that home prices remain overvalued and that price growth is not being driven by fundamentals but by technical factors that could easily change. As more homes move more quickly to final foreclosure, especially in states that require a … Continue reading

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Best US Housing Markets for Buyers and Sellers

“Much of that strength is driven by investor interest, as many distressed and non-distressed homes are purchased and transformed into rentals,” says Stan Humphries, Zillow’s chief economist, in the report. “This investor activity is contributing to very low inventory levels, … Continue reading

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