Case Shiller in Context
Sunday, April 04
Prices are now up almost 4 percent from the bottom in May 2009, but off 30 percent from May 2006, largely considered the peak of the housing boom. The 20-city index was off just 0.7 percent from this time last year. The smallest decline in almost three years. Case Shiller index tells us we a...
Maximizing The Rent
Wednesday, March 24
Selling your property is harder know and likely to be that way for quite a while longer. If you relocate or just want to move you may find yourself a reluctant landlord. Consider the carrying costs, not just the resale value of your property when you buy. Look at the price to rent ratio. You...
NAR and The Commerce Dept Feb Figures
Wednesday, March 24
Sales of new single-family houses in February 2010 were at a seasonally adjusted annual rate of 308,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 13.0 percent below the February 2009 estimates. This...
Expect Mortgage rates To Rise
Thursday, March 18
The Federal Reserve yesterday plans to remove its support from the financial marketplace. The Fed purchased $300 billion of Treasury securities and currently anticipates another $1.25 trillion of agency MBS and about $175 billion of ag...