Friday, May 6th, 2011, 9:56 am tandard & Poor’s expects about 320,000 new home sales and 470,000 housing starts this year — about half the historical average. James Fielding, a senior housing director at S&P, made that assessment in a video posted on the ratings agency website. This performance is running at half the historical …
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Home Prices Edge Closer to 2009 Lows According to the S&P/Case-Shiller Home Price Indices
New York, April 26, 2011 – Data through February 2011, released today by S&P Indices for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, show prices for the 10- and 20-city composites are lower than a year ago but still slightly above their April 2009 bottom. The 10- City Composite fell …
Listing Expired – House still unsold? Part 2: What it takes to sell in todays market
Pricing is a critical element in offering a home for sale, and unfortunately it’s often done wrong. Sometimes that’s the agent’s fault, and sometimes it’s the homeowner’s. We’ll start with the agent. The sad truth is that some agents try to “buy listings” by promising homeowners unrealistic prices. They say they can get a higher …
Freddie Mac: U.S. home prices drop 4.3% in fourth quarter
February 28, 2011 U.S. home prices fell 4.3% on a year-over-year basis in the fourth quarter as foreclosures and slowing sales buoyed inventory levels, Freddie Mac said Monday in its Conventional Mortgage Home Price Index. “Foreclosed-property and short sales remain a big part of the market. However, new foreclosures will begin to gradually slow,” said …
Trulia’s American Dream Survey – Q1 2011
American Dream Still Lives Although foreclosures and underwater homes continue to plague the current housing market, 70% of Americans still view homeownership as being part of their American Dream. Millennials Driving Economic Recovery Although many of today’s young adults came of age during the housing crash, more than one in four (26%) say their views …
