Category Archives: Economics

Ho-Hum Case-Shiller…

Posted on December 27, 2011 by Tim Freund

As kids are often quoted, “Bor-ing…”  It’s the last Tuesday of the month and Case-Shiller posted the numbers from November.  No surprises; prices down, sales up; blah, blah, blah. When I was selling homes during the 1990’s and buyer’s were … Continue reading →

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All I Want For Xmas Is…

Posted on December 22, 2011 by Tim Freund

All I want for Christmas is my two par-tees, my two par-tees, my two par-tees, all I want for Christmas is my two par-tees, so we can have a merry Christmas.  So the song goes… sort of…  No I’m not … Continue reading →

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No More Messing Around

Posted on December 16, 2011 by Tim Freund

If you are behind in your payments and you live in California, you better contact your bank and discuss your options and you need to do so quickly.  In all likelihood you’ll need to hire a Realtor to get your … Continue reading →

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Case-Shiller: Predictably Not Great, But…

Posted on November 30, 2011 by Tim Freund

As I’ve been saying since the Government’s near shut down in July/August, America’s home buying confidence has been shaken.  The National Association of Realtors Pending Home Index has been pointing to a decline in price and sales for months.  Yesterday’s … Continue reading →

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List to Sales Price Pressure

Posted on November 28, 2011 by Tim Freund

List low, sell fast; not exactly rocket science.  Virtually every statistic you can find shows that the highest sales price is achieved in the first 3 weeks.  Yet, Realtors have also been accused of listing low to get the quick … Continue reading →

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The Numbers Don’t Lie

Posted on November 22, 2011 by Tim Freund

As many of you probably know, I like numbers.  I find that I am able to better serve my clients by understanding the data.  Yesterday, The National Association of Realtors posted their Existing Homes Sales and Sale Price data for … Continue reading →

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Want Scary This Halloween? Look At The Government

Posted on October 31, 2011 by Tim Freund

Thursday’s 4.6% decline in the Pending Home Sales, as reported by the National Association of Realtors, is in stark contrast with the 2.5% growth in GDP.  This is the strongest evidence yet of the effect of Congress’ ineptitude on the … Continue reading →

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Finally A Step In The Right Direction

Posted on October 25, 2011 by Tim Freund

As many of you may recall I sent an open letter to the President last month begging for a refinance relief plan for underwater, but current borrowers.  Yesterday the Federal Housing Finance Agency (FHFA) announced changes to the ineffectual HARP … Continue reading →

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Pending Home Sales

Posted on September 30, 2011 by Tim Freund

So the headline wasn’t great: sales down month over month.  National Association of Realtors economist, Lawrence Yun hung the blame on tight lending standards and lack of confidence, both of which are true.  If that’s all you read or heard, … Continue reading →

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Case-Shiller Calls A Bottom?

Posted on September 27, 2011 by Tim Freund

The S & P/Case-Shiller report on the housing market came out today.  There were a couple of highlights worth mentioning.  First was the fact that we have had 4 straight months of price appreciation.  “With July’s data we are seeing … Continue reading →

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