Housing by Joshua Dorkin | October 2, 2006Pending home sales data for August was just released by the National Association of Realtors. According to the Pending Home Sales Index, “contracts signed in August, rose 4.3 percent to a level of 110.1 from a reading of 105.6 in July, but is 14.1 percent lower than August 2005.” David Lereah, chief economist of the [...]
Housing by Joshua Dorkin | September 25, 2006The National Association of Realtors today reported that the median home price in the US fell in August to $225,000 down 1.7% from August of 2005. This is the first time a year over year decline in median home prices has occured since April 1995. According to The New York Times: “David Lereah, chief economist [...]
Joshua Dorkin
Birth of a National MLS? Meet Zillow . . .
by Joshua Dorkin | December 9, 2006Tim Maitski of the Atlanta Report predicts that internet powerhouse Zillow might creep into the national scene to become a replacement for the MLS (Multiple Listing Service) operated by the National Association of Realtors (NAR). According to Maitski: Zillow has the potential to be the standard national MLS system open and free to anyone and [...]