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Recent Posts
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Categories
Homes Millbrae Pages
Tag Archives: Chief Economist
Pending Home Sales Surge to Five Year High
Buyers are coming back to the housing market in ever greater numbers, as an industry index measuring contracts to purchase existing homes surged 5.2 percent in October from September. The monthly gauge of pending home sales from the National Association … Continue reading
Posted in Real Estate News
Tagged Antidote, Association Of Realtors, Chief Economist, Consumer Confidence, Distressed Properties, Gauge, homes millbrae, Housing Affordability, Housing Market, Hurricane, Industry Index, Job Creation, Midwest, Momentum, Mortgage Interest Deduction, Nar, National Association Of Realtors, Obama, Quite Some Time, Steady Job, Steam
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Foreclosure discounts shrinking away
Back in 2008 and 2009, foreclosed homes were selling for double-digit discounts, but nowadays savings are much slimmer, especially in some California cities, according to an analysis by real estate site Zillow. In Sacramento, buying a bank-owned property saves you … Continue reading
Posted in SF Bay Area News
Tagged Affordability, Bank Owned Homes, Bank Owned Property, Bus Tours, California Cities, Carrie Kirby, Chief Economist, Foreclosed Homes, Foreclosed Properties, Foreclosure Process, Freelance Writer, homes millbrae, Housing Market, Landlords, Long Distance, Pittsburgh Pa, Price Advantage, Real Estate Agents, Six Years, Stan Humphries, Zillow
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Foreclosure Discounts Drying Up
As more investors vie for fewer foreclosed properties, prices are going up and great deals are getting scarce. Buyers of bank-owned homes in September got a 7.7 percent discount versus the same home in a non-distressed sale, according to a … Continue reading
Posted in Real Estate News
Tagged Affordability, Bank Owned Homes, Chief Economist, Cincinnati, Crash, Distressed Property, Flip Side, Foreclosed Properties, Foreclosure, Foreclosures, Good Reason, Ground Zero, homes millbrae, Information Company, Investor Attention, Private Capital, Real Estate Sales, Single Family, Stan Humphries, Thousands Of Dollars, Zillow
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Pending Home Sales Barely Budge in September
In a sign of a still struggling housing market, signed contracts to buy existing homes were essentially flat in September from August, edging up just 0.3 percent according to a monthly index from the National Association of Realtors. The index … Continue reading
Posted in Real Estate News
Tagged 6 Million, Association Of Realtors, California Cities, Chief Economist, Contract Activity, Diana Olick, Distressed Properties, Economist Lawrence, Existing Home Sales, Headwind, Home Contract, homes millbrae, Housing Market, Housing Shortage, Inventories, Market Fundamentals, Midwest, Nar, National Association Of Realtors, Tight Credit, Uptrend
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Why Today’s Housing Report Spooked Investors So Much
The good housing numbers are all up from a year ago: Sales, starts, building permits, prices, earnings. The bad numbers are down: Mortgage delinquencies, foreclosures, negative equity. So why are investors pulling out of the home builders today? And why … Continue reading
Posted in Real Estate News
Tagged Association Of Realtors, Building Permits, California Home, Chief Economist, Comps, Distressed Properties, Double Dip, Existing Home Sales, Hangover, homes millbrae, Housing Market, Housing Shortage, Lows, Mark Hanson, Market Fundamentals, Mortgage Delinquencies, National Association Of Realtors, Negative Equity, New Home Construction, Pulte Homes, Uptrend
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