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Phoenix Real Estate Market Update: April 2012
2012-04-05 20:36:00 Jay’s Note: Here’s a nifty little video by Thompson’s Realty agent Kristin LaVanway with an update on the current Phoenix real estate market. Writing about market stats is difficult, and boring. Which is why you rarely find stats posts here. How does one make statistics interesting? Kristin does in this video. Hopefully there will be ...Originally posted on Phoenix Real Estate Guy. If you are reading this anywhere but inside your RSS feed reader or your email client, the site you are on is guilty of stealing content. (c) Copyright Jay Thompson. All Rights Reserved.
Scanning Real Estate Market To Have The Best Venture Purchase
2012-04-05 14:04:00 In terms of the property market, the spot may be the important variable. If you would like to ensure that your purchases could push through, then simply find a prime area. Among the superior areas are the types which could be near cities, such as castlegar real estate or others that are pretty nearby. A ...
By: SOPHISTISHE.ORG
Las Vegas Real Estate Market Report: 12/15/10
2012-04-05 08:20:00 Las Vegas Real Estate Market Report: 12/15/10 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
Las Vegas Real Estate Market Report: 12/08/10
2012-04-05 08:20:00 Las Vegas Real Estate Market Report: 12/08/10 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
Las Vegas Real Estate Market Report: 12/01/10
2012-04-05 08:20:00 Las Vegas Real Estate Market Report: 12/01/10 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
Las Vegas Real Estate Market Report: 11/24/10
2012-04-05 08:20:00 Las Vegas Real Estate Market Report: 11/24/10 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
Las Vegas Real Estate Market Report: 11/17/10
2012-04-05 08:20:00 Las Vegas Real Estate Market Report: 11/17/10 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
Las Vegas Real Estate Market Report: 11/10/10
2012-04-05 08:20:00 Las Vegas Real Estate Market Report: 11/10/10 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
Las Vegas Real Estate Market Report: 11/03/10
2012-04-05 08:20:00 Las Vegas Real Estate Market Report: 11/03/10 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
Las Vegas Real Estate Market Report: 10/27/10
2012-04-05 08:20:00 Las Vegas Real Estate Market Report: 10/27/10 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
Las Vegas Real Estate Market Report: 10/20/10
2012-04-05 08:20:00 Las Vegas Real Estate Market Report: 10/20/10 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
Las Vegas Real Estate Market Report: 10/13/10
2012-04-05 08:20:00 Las Vegas Real Estate Market Report: 10/13/10 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
Las Vegas Real Estate Market Report: 10/06/10
2012-04-05 08:20:00 Las Vegas Real Estate Market Report: 10/06/10 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
Las Vegas Real Estate Market Report: 09/29/10
2012-04-05 08:20:00 Las Vegas Real Estate Market Report: 09/29/10 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
Las Vegas Real Estate Market Report: 09/22/10
2012-04-05 08:20:00 Las Vegas Real Estate Market Report: 09/22/10 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
Las Vegas Real Estate Market Report: 09/15/10
2012-04-05 08:20:00 Las Vegas Real Estate Market Report: 09/15/10 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
US real estate market 'appealing to Brits'
2012-03-27 02:00:00 British buyers are increasingly considering investing in property in the US, with one expert noting it is possible to pick up homes for as little as $50,000 (£31,529). Director at Mayfair International Realty Annette Reeve explained these opportunities are particularly appealing to cash buyers, even though it has become easier to secure a mortgage in the US recently. She added buying a home in the US is about more than making a return on their investment for many purchasers at present. "They might not make a killing, but it is actually a nice place to put their money and they will get some family enjoyment out of it," Ms Reeve asserted. Earlier this month, the National Association of Realtors (NAR) revealed the volume of existing home sales climbed by 8.8 per cent in February, compared to the same month a year earlier. The organisation also noted distressed properties accounted for 34 per cent of the transactions completed last month, with NAR president Moe Veis...
Las Vegas real estate market 2012 Part 3
2012-03-26 08:41:00 In the last two blog posts Las Vegas real estate market 2012 Part 1 Las Vegas real estate market 2012 Part 2 I have explained what Las Vegas real estate analysts base their analysis and predictions on and why they are wrong. The proof is in the current Las Vegas real estate market. As I ...
Las Vegas real estate market 2012 Part 2
2012-03-04 01:15:00 Tsunami of Las Vegas foreclosures predicted by Las Vegas real estate analysts for the past 4 years has turned in a bucket full of foreclosures and there is an unprecedented run by Las Vegas real estate investors on Las Vegas homes, condo and townhomes, not seen since 2004-2005 Las Vegas real estate market 2012 Part ...
Las Vegas real estate market 2012 Part 1
2012-02-14 20:48:00 How Las Vegas real estate analysts arrive at their predictions of the future of Las Vegas real estate and why the factors that they fail to account for skews their analysis and predictions. Before I get into the statistics of Las Vegas residential real estate in 2012, I am going to discuss a few important ...
Up, Up, Up and Away, Saline, Michigan Real Estate Market is all Good News
2011-12-16 22:26:00 Positive upward movement in the Saline Real Estate Market. After reviewing the 24-month chart below, for the Saline, Michigan real estate area there is nothing but good news. Let’s focus in on the red line in the chart. The red line indicates an upward trend in the Linear (Average Square Foot / Sale Price). The average square foot price is now hovering on the linear red line at around $118.00 per square foot for the month of November, 2011, as compared to November 2010 at approximately $98.00 per square foot. This year, compared to last year shows an approximate 3.9 percent increase in the linear (avg. square foot / sale price) in Saline. This upward trend in sales price per square foot is very good news for Sellers and REALTORs alike. Home sales are up by 4.65 percent compared to last year’s total number of sales. This indicates that the market is showing signs of an upward trend and stabilizing slowly over the last 2 years. Our linear indicator is moving upward. No o...
By: Ann Arbor Talks
Milan, Michigan Real Estate Market is Trending Upward
2011-12-16 01:19:00 There is a positive Upward Trend in the Milan Real Estate Market. When reviewing the 24-month chart below, for the Milan, Michigan area, we need put our attention to the red line on the chart. The red line indicates an upward trend in the Linear (Average Square Foot / Sale Price). The average square foot price is now hovering on the linear line around $70.00 per square foot for the month of November, 2011, as compared to November 2010 at approximately $67.00 per square foot. This year, compared to last year shows an approximate 5.36 percent increase in the average linear (sales price per square foot) in Milan. This upward trend in sales price per square foot is very good news for Sellers and REALTORs alike. Home sales are down by 14.5 percent compared to last year’s total sales. This shows that the market is flat in total volume of sales over 2 years, however, homes are selling at a higher square foot price which is a stabilizing factor over a 2-year time frame. Our line...
By: Ann Arbor Talks
Manchester Real Estate Market is Trending Upward and Looking Forward to 201
2011-12-15 01:23:00 There is a positive Upward Trend in the Manchester Real Estate Market. When reviewing the 24-month chart below, for the Manchester area, we need to pay close attention to the red line on the chart. The red line indicates an upward trend in the Linear (Average Square Foot / Sale Price). The average square foot price is now hovering around $90.00 per square foot for the month of November, 2011, as compared to November 2010 at approximately $77.00 per square foot. This year, compared to last year shows an approximate 27.76 percent increase in the average linear sales price per square foot in Manchester, Michigan. This is very good news for Sellers and REALTORs alike. Home sales are remaining constant at 56 homes sold each year for 2 years in a row. At least the market is running flat and appears to be stabilized over the same 2-year time frame. No one’s complaining about this kind of good news as the year 2011 soon comes to a close. Buyers as well as Sellers should pay clos...
By: Ann Arbor Talks
Ann Arbor Real Estate Market – Trending Upward Bringing Good Tidings and
2011-12-14 20:40:00 The Ann Arbor real estate market is proving to be good tidings and great joy as we head to the finish line. An upward trend has both Sellers and REALTORs very happy. Sales are continuing to be seasonally steady as we review the last 2 years of market statistics for number of homes sold and average square foot / sale price. When reviewing the 24-month chart below, for the entire Ann Arbor area real estate market, let’s pay close attention to the red line on the chart which indicates an upward trend in the Linear (Average Sale Price per  Square Foot) which is now hovering around $151.00 sales price per square foot for the year end 2011. Based on 2 years of data the linear average sale price per square foot  is up this year from last by approximately 3.54 percent.  The number of homes sold is up approximately 4.63 % over the same 2-year time frame. And comparing the last 2 months, October and November 2011, the number of sales were up 10.7 percent.   So, in review th...
By: Ann Arbor Talks
Toronto Residential Real Estate Market Watch: October 2011
2011-11-04 04:21:00 Greater Toronto REALTORS® reported 7,642 home sales through the TorontoMLS® in October 2011. This represented an increase of 17.5 per cent compared to the 6,504 transactions reported in October 2010.Monthly sales data follow a recurring seasonal trend that should be removed before comparing monthly results within the same year. After adjusting for seasonality, the annualized rate of sales for October was 97,100, which was above the average of 90,700 for the first three quarters of 2011.“The pace of October resale home transactions remained brisk in the GTA. This bodes well for a strong finish to 2011,” said Toronto Real Estate Board President Richard Silver. “Home buyers who found it difficult to make a deal in the spring and summer due to a shortage of listings have benefitted from increased supply in the fall.”The average selling price through the TorontoMLS® in October was $478,137 – up eight per cent compared to October 2010.“Sellers’ market conditions remain in...
Toronto Residential Real Estate Market Watch: October 2011
2011-11-04 04:21:00 Greater Toronto REALTORS® reported 7,642 home sales through the TorontoMLS® in October 2011. This represented an increase of 17.5 per cent compared to the 6,504 transactions reported in October 2010.Monthly sales data follow a recurring seasonal trend that should be removed before comparing monthly results within the same year. After adjusting for seasonality, the annualized rate of sales for October was 97,100, which was above the average of 90,700 for the first three quarters of 2011.“The pace of October resale home transactions remained brisk in the GTA. This bodes well for a strong finish to 2011,” said Toronto Real Estate Board President Richard Silver. “Home buyers who found it difficult to make a deal in the spring and summer due to a shortage of listings have benefitted from increased supply in the fall.”The average selling price through the TorontoMLS® in October was $478,137 – up eight per cent compared to October 2010.“Sellers’ market conditions remain in...
Chicago's summer real estate market is in the doldrums
2011-07-08 09:23:00 On July 20 the Illinois Association of Realtors is going to pretty much tell you what I’m telling you now: June home sales for Chicago were down 28.5% from last year. Given that the government mucked up the housing market last year with their lame Kcash For Shacks (home buyer tax credit) program this is...
Foreclosures Drive the Chicago Residential Real Estate Market
2011-05-30 20:59:00 Many homeowner's and investors in the Chicago area are disappointed by the current value of their residential property that appears to still be decreasing. They are concerned "if and when" the price for their home will return from record lows. Most who bought their home between 2000 and 2007, during the housing "bubble" are greatly affected by the downturn in the market. The value of their property is often 30-40% less than the market highs during this time; much lower than economists expected. Many homeowners that do not have to sell are waiting on the sidelines for the residential market to improve. But, will it and when? The driving issue which is slowing down a recovery is the large amount...
GTA Real Estate Market Watch – April 2011
2011-05-07 06:57:00 Greater Toronto REALTORS® reported 9,041 existing home sales through the TorontoMLS® system in April 2011.This result was down 17 per cent compared April 2010 when sales spiked to a new record of 10,898. While off last year’s record result, April 2011 sales were in line with the average April sales level reported over the previous five years.  “Existing home sales have been strong from a historic perspective through the first four months of 2011.Expect the pace of sales to remain robust through the spring, as the economy expands and home buyers continue to benefit from affordable home ownership opportunities,” said Toronto Real Estate Board (TREB) President Bill Johnston.  Market conditions tightened markedly over the last year. April 2011 sales accounted for 62 per cent of new listings during the month – up substantially from 53 per cent in April 2010. Tighter conditions resulted in the average April selling price growing by nine per cent annually to $477,407.“...
Effect of Zombie Loans on Las Vegas real estate market 2011
2011-04-20 01:52:00 This is part 2 of Las Vegas Voodoo real estate market 2011 What are Zombie loans in Las Vegas real estate? Zombie loans are non-performing real estate loans that the borrower has stopped payment on a long time ago (in some cases for two years) but banks refuse to foreclose on the loan. These are ...
Las Vegas Voodoo Real estate market report 2011
2011-04-17 21:08:00 Las Vegas Shadow foreclosure inventory, shadow investors and zombie loans-we got it all in the Las Vegas Voodoo real estate market We have 125,000 empty homes and condos in Las Vegas, the property values will go down by 1000%, shadow investors want to unload 500,000 homes and condos in 3 years and we have zombie ...
Las Vegas real estate market, Las Vegas high rise condos
2011-01-26 02:20:00 There are currently only 29 foreclosure (bank owned) high rise condo listing in Las Vegas MLS, this is less than 10% of total listings Only 2-3 years ago distressed high rise condos dominated the listings in Las Vegas MLS which resulted in 60%-80% price drops. Today the total number of bank owned high rise condos ...
Las Vegas real estate market 2011
2011-01-11 03:07:00 Hello and belated Happy New Year. For Las Vegas real estate market the perfect storm is over and land mass in sight, congratulations to those who have survived it and condolences to those who sank. Silly real estate pundits have been writing about how bad Las Vegas real estate market is in the first few ...
Chicago Real Estate Market: Early Signs Of Improvement In November
2010-12-13 14:15:00 In about a week and a half the Illinois Association of Realtors will be releasing the home sale statistics for Chicago, the region, and the state. Once again the actual closings will be abysmal relative to last November. I estimate that they will report sales down about 40% from last year - with their usual extremely creative positive spin. But in all fairness last year's home sales were goosed by that tax credit fiasco and this year is suffering from the vacuum left behind by that same tax credit. Oh, BTW, 39% of those November home sales were distressed properties - either short sales or foreclosures. Pretty much the same as previous months. So where are the early signs of...
Hong Kong Real Estate Market Update Nov 2010
2010-11-19 21:21:00 It is about time to have another update for HK housing market. The government issued new policies yesterday to suppress the blazing hot housing market. The questions are: 1) Can those policies alleviate the upward pressure of the housing price? Yes 2) Can they turn the bull housing market into a bear? No (Nor the ...
Who's afraid of the Winnetka real estate market?
2010-09-26 02:24:00 Half a dozen homes in Winnetka are currently on the market for less than $500,000.
Lake Forest real estate market - upper range up, mid-range flat
2010-05-12 02:35:00 Homes in Lake Forest in the $1 million and up price range have begun to sell, but the market for mid-priced homes is still slow reports Prudential Rubloff's Wendy Bergseth.
Los Gatos Real Estate Market Update for January 2010
2010-02-06 03:54:00 What's the market doing? As always, it depends on which part of the market. For an overview of the Los Gatos Real Estate Market, my Silicon Valley Real Estate Report will update you by home type (house or condo/townhouse). In January, how things seemed depended a lot on what you were comparing it to. Clearly it's a lot better than a year ago - but we have far to go. Los Gatos Houses for Sale, Pending Sale, and Sold in January 2010: Single family homes (houses and duet homes) in Los Gatos - prices are slipping (thought this isn't the case in all parts of the Los Gatos real estate market), sales were up as compared to a year ago, inventory is still low, DOM is shrinking and the list price to sales price ratio is rising slowly. So another month of mixed signals but clearly some "green shoots" of hope. Trends At a Glance Jan 2010 Previous Month Ye...
Los Gatos Real Estate Market Numbers - in for Dec 2009 and 2009 as a Whole
2010-01-06 19:47:00 My Santa Clara County Real Estate Report is now updated to include the data from December 2009 for Los Gatos, San Jose, and, of course, all of Santa Clara County. From any of the links below, you can navigate to see the same info for he county as a whole or other areas (both cities and districts within San Jose such as Cambrian Park or Almaden Valley). December 2009 report for Los Gatos single family homes December 2009 report for Los Gatos condos & townhomes Third quarter 2009 report for Los Gatos single family homes Third quarter 2009 report for Los Gatos condominiums and townhouses 2009 annual report for Los Gatos single family homes 2009 annual report for condos and townhouses Los Gatos residential real estate prices are down year-over-year (10-20% for most homes). Los Gatos has mixed indicators - some numbers are better, some are worse. Have we hit the bottom yet? Some say yes, some think that there are ...
Boise Area Real Estate Market Statistics
2009-10-29 02:44:00 Boise’s Current Activity ReportBoiseActive 1,999 Average Price $263,470 Pending 489 Average Price $194,208 Sold 305 Average Price $200,244 (last 30 days) Same timeframe 2008- Sold 285 Average Price $238,013 MeridianActive 1,098 Average Price $227,444 Pending 305 Average Price $190,543 Sold 158 Average Price $187,498 (last 30 days) Same timeframe 2008- Sold 127 Average Price $244,135 EagleActive 331 Average Price $502,960 Pending 80 Average Price $413,599 Sold 46 Average Price $370,725 (last 30 days) Same timeframe 2008- Sold 27 Average Price $451,158KunaActive 246 Average Price $215,650 Pending 115 Average Price $145,137 Sold 61 Average Price $132,176 (last 30 days) Same timeframe 2008- Sold 40 Average Price $182,907 Numbers based on sales of single family homes on lots or land, not town homes or condos. Dates as of 10/15/09.
Edmonton Real Estate Market
2009-09-24 01:45:00 The market in Edmonton is finally balanced again. Although prices are a little lower, less than 1%, than what we saw in August last year."Although sales numbers cooled a bit after record sales in June and July, we are still experiencing the strength of the market in Edmonton," said Charlie Ponde, president of the Realtors Association of Edmonton.June and July saw sales rise 28% over the same period one year before; low interest rates and great deals were probably behind the jump in activity. Seasonality could be in effect as well were winter saw a near freeze. The market picked up in the warmer weather.Alberta's economy will make a comeback in 2010--strong enough to contribute to the national recovery, yet modest enough so that we don't see the problems associated with the break neck growth we saw in the mid 2000s.
Revealed: The state of the international real estate market in Belize
2009-09-22 03:59:00 One of the frustrating things about investing in real estate in Belize (or elsewhere in Central America for that matter) is the difficulty of getting hold of objective market data. There are no easily accessible central databases or comprehensive Multiple Listing Systems to research. Buyers are often left with information they receive from real ...
Hills at Prestonwood and Indian Creek Real Estate Market Conditions
2009-09-19 18:28:00 Hills at Prestonwood - Indian Creek Real Estate Update These days you need to know the numbers before you buy or sell and it's good to take a look at the current trends by neighborhood. You can see the Hills at Prestonwood and Indian Creek sales are better than the spring season 9 vs 11. The median sales price has come down considerably due to the lower end market being much more active, under 500K due to scarcity of jumbo loan financing. 417K is the threshed before you jump into jumbo lending. The sale to list price is 94.68% which indicates some properties might be priced too high in the beginning because sellers are making concessions. As far as inventory goes almost 70% of the homes are selling within 90 days. You can bet the other 30% are high end properties over 600K. Pending properties has picked up (waiting to close). If you have an opening price point home, chances are you have a great chance of selling it within 30 days and it looks li...
By: Plano Blog
Toronto Real Estate Market Recap for 2009
2009-09-18 17:32:00 First A quick update on this years Toronto and GTA real estate markets. Most of us recognized that 2009 started off as a very slow year. Buyer's were nervous and their savings had been decimated or worse. But the real estate market started to bounce back in March. The Total number of home sales on the Toronto Real Estate Board's MLS® system in March, April and May 2009 were only slightly lower than the 2008 numbers, before the markets started to slow down.Real estate was far hotter, this summer, than the weather. June 2009 set an all time record for most homes sold, in the month of June, with 10,955 home sold. July was only just short of 10,000 home and August put in a very respectable 8,035 home sales. This compared with 2007 is only 24 less than the number of homes sold, in the Greater Toronto Area, for August and the average sale price was up over $26,000 from August 2007 to August 2009 at $387,921.This year there have been more sales in the first 8 months that in the same mon...
Commercial Real Estate: The Iceberg is Melting Faster!
2009-09-18 17:24:00 This isn't a global warming post in any sense of the phrase. Unless, of course, it is your bank account that is melting away faster than you care for it to melt away. This post is a kinda-sorta extension of last week's post in which I said a new wave of foreclosures is in the immediate future. My statement was based on the commercial real estate market and lo and behold the very next Monday, Corus Bancshares Inc. was seized by the Feds. As it turns out, CBI financed a 377 unit condo called The Montage in downtown Reno. Several years ago the latest craze to hit this city was to take shuttered casinos - yes, casinos go belly up - and convert them into condo complexes. This particular complex had units priced from $150,000 to more than $1 million. This was during the high flying years. Today these same units won't fetch $10,000 no matter where they are located in the complex. My youngest son was in the market at about that time for a dwelling. He liked the idea this complex wa...
Windhaven Real Estate Market Conditions
2009-09-18 00:17:00 Windhaven Market Conditions It's no secret that inventory is low in some West Plano neighborhoods. So the good houses go quick, meaning updated and nothing to do unless you have a buyer that wants a project. The biggest shout out is that around 70% of the listings in Windhaven sell within 60 days and 92% sell in 90 days, that's good news for sellers. And for home buyers: it's a great location in the Willow Bend area. Also you can see the sale to list price is 100% for homes on the market for over 120 days...and that's because the home was overpriced in the first place and by the time price reductions are taken, slowly but surely, the price gets low enough for a buyer to buy for the condition of the home. It's a painful journey.... [where:75093, Windhaven Real Estate, Market Update]
By: Plano Blog
Placer County Real Estate Market Report
2009-09-17 19:33:00 Have you been anxiously awaiting the single family home sales report for August in neighborhoods like Roseville, Granite Bay, Rocklin, Lincoln and Auburn? I finally got the time to put the August 2009 home sales report together for you. Be sure to click and check out your specific neighborhood for the real estate trend in your ...
Willow Bend Real Estate Market Conditions
2009-09-16 22:40:00 Current Market Conditions for Willow Bend If you want to know the truth about real estate you really need to drill down to each sub division to see what's really going on. General information is good but rarely depends on your exact location. The report below is just for Willow Bend, a glimpse into this area. The results go back to September of last year when the bottom fell out and things got quieter. The current last 3 months of sales is better than the prior, much better. The absorption rate is important because it tells you how deep the inventory is. Now 7.67 months supply is not ideal but financing issues on jumbo loans have a great deal to do with that. Median prices have adjusted considerably and you do have to figure in a few foreclosures for that. Days on market are almost 50% lower than a year ago, a good sign. And sale to list price is better also at 96.48%. As a buyer you can see that activity has picked up and going the right ...
By: Plano Blog
Sacramento Real Estate Trends for 2009-2010
2009-09-14 15:30:00 Seems there is a rumor that Real Estate is turning around in Sacramento. I keep hearing that from people I run into and it surprises me. That is not what I am finding. Home sales were down last month for a very good reason. Most homes for sale are Short Sales and they take feverishly ...
The Real Estate Market has hit Bottom
2009-08-03 02:43:00 The Associated Press released an article today stating the national averages show the Real Estate market has hit bottom and is slowly climbing from the bottom. According to the article, the market has rebounded from a low in January to the most recent statistics of June.January vs June:Home Sales up 28%Price up 10%Sales up 3%New Home Construction up 113%They do warn that an increasing unemployment rate and quickly approaching deadline on the $8,000 first time home buyer credit could significantly slow the rebound. All in all, these are good signs.Article: http://www.cnbc.com/id/32249022- |
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