Tag Archives: real+estate

Proposition 13

My parents closed on their home in Walnut Creek, California in August of 1966.  For 13 years they saw their home reassessed every year as California property values steadily increased.  In 1978 Howard Jarvis led California in what was characterized … Continue reading

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Case-Shiller for October

Greetings from vacation!  I just couldn’t resist a comment on these numbers…  We knew going in, October was going to post a bad month in the S & P/Case-Shiller Index, and it was, yet not entirely, specifically for California.  There … Continue reading

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Another Projection

The Mortgage Bankers Association came out with their projections for 2011 and 2012 yesterday and their numbers were very interesting.  Years 2008-2010 were clearly difficult for the mortgage industry.  The financial meltdown left only one real buyer in the secondary … Continue reading

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More On Forecasting

As I watch the bond market sink to levels not seen since last June, I’m contemplating how it is I didn’t take my I own advice right here in The Real Estate Conversation, which was to start my refinance in … Continue reading

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Economic Forecasts

The Anderson School of UCLA as well as Chapman University in Orange, independently reported their forecasts for the economy in California.  In the LA Times, the headlines were positive, but every radio report was decidedly negative.  The body of the … Continue reading

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More On Prices

The Case-Shiller index reported a larger than anticipated decline in prices month over month as well as quarter over quarter.  While the news in general was not good, it wasn’t horrific either, and reflects the continued struggle in the economy and … Continue reading

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Thankful For What What We Have

More mixed data to digest today… some good news on the unemployment front and consumer sentiment, more bad news on new home and existing home sales.  I’m feeling a bit like I’ll feel tomorrow at about 5:30: overwhelmed, overstuffed but … Continue reading

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Time To Buy or Time To Refinance

Buy your home now or at least begin your search in earnest.  If you are an aspiring homeowner, or planning to move up or down, you really want to get off the fence.  If you are staying put and haven’t … Continue reading

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And Now For The Good News

It’s been a week of less than great news for real estate.  Flat pricing and declining sales numbers cast a pall over much of the housing industry.  Home repossessions were up; home starts were down and rates shot up in … Continue reading

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The World Is Not Flat At The Bottom

CNBC  reporter Diana Olick blogged today that a poll came out reporting a general consensus amongst housing experts that the market would remain struggling through 2011.  Wow, now there’s a news flash.  The predictions are explained thus: as long as … Continue reading

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