Indications Of A Slowing Market
Friday, September 29th, 2006 Posted in About Our Area | No Comments »Softening markets leave clues that are easy to spot if you know what to look for. Here are some indications that our former seller’s market has become a buyer’s market: More Homes For Sale Our MLS listing inventory is steadily ...
U.S. Housing Slowdown
Tuesday, September 26th, 2006 Posted in About Our Area, Inside Real Estate | No Comments »For the first time in 11 years, prices of existing homes fell in August and the backlog of available homes for sale reached its highest point since the National Association of Realtors® began tracking those statistics.Sales of existing homes in August ...
The Mother Of All Incentives !
Monday, September 25th, 2006 Posted in About Our Area, Buyer Stuff, Inside Real Estate, Seller Stuff | No Comments »Last week, it was Corey Barton Homes new "Live Free" program, offering to pay the first six months of mortgage payments to draw buyers to their subdivisions.This week, it’s Hubble Homes offering buyer agents a $10,000 bonus commission, in addition ...
New Home Starts Tumble
Tuesday, September 19th, 2006 Posted in About Our Area, Inside Real Estate | No Comments »The U.S. Commerce Department reported this morning that U.S. housing starts fell a greater-than-expected 6% in August.Specifically, single-family housing starts dropped 5.9% to their lowest level since February 2003.Across the country, housing starts are down 19.8% from the August 2005 pace.The ...
Foreclosures Spike In August
Sunday, September 17th, 2006 Posted in About Our Area, Inside Real Estate | No Comments »August foreclosures were up 53% from a year earlier, according to RealtyTrac, a company that tracks foreclosure data.115,292 properties went into foreclosure in August, representing a 53% increase from a year earlier.That number is the second-hightest monthly foreclosure total of the ...
