Tag Archives: Housing+sales

No More Messing Around

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

Posted in Economics, Loan Modification, Real Estate | Tagged , , , , , , , , , , , , , | Leave a comment

Case-Shiller: Predictably Not Great, But…

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

Posted in Economics, Real Estate | Tagged , , , , , , , , , , , , | Leave a comment

List to Sales Price Pressure

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

Posted in Economics, Real Estate | Tagged , , , , , , , | Leave a comment

The Numbers Don’t Lie

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

Posted in Economics, Real Estate | Tagged , , , , , , , | Leave a comment

Want Scary This Halloween? Look At The Government

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

Posted in Economics, Real Estate | Tagged , , , , , , , , , , | Leave a comment

Pending Home Sales

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

Posted in Economics, Real Estate | Tagged , , , , , , , , , , | 1 Comment

Case-Shiller Calls A Bottom?

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

Posted in Economics, Real Estate | Tagged , , , , , , , , , , | Leave a comment

Buying A Home: Your Real Estate Compass And What’s Important

Every household is unique and every family has a certain division of labor.  In my home, I pay the bills, share the cooking and fix things around the house; my wife looks after the kids, does the laundry, over sees … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , , , | Leave a comment

Ben Bernanke’s Big Blunder

Let me begin by saying I’m not a Ben basher, on the contrary I like the Fed Chairman.  But last month’s announcement that he intends to keep rates low for the next two years was nothing short of disastrous for the … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , , , , | 1 Comment

An Open Letter To President Obama and The CEO’s Of The Big 4 Banks

Dear Mr. President, Chairman Bernanke, Secretary Geithner, Brian Moynihan, Vikram Pundit, Jamie Dimon and John Stumpf, Want to start to fix the economy and help housing at the same time?  Refinance underwater and insufficient equity borrowers.  It’s really that simple.  … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment