Imported from Detroit: Chryslers & Housing Strength

October 25, 2011

Starting in March, Detroit’s listing prices (a.k.a “asking prices”) began rising in our weekly numbers, with a full-fledged upswing by the summer months: As reported in DSNews about today’s Case-Shiller numbers – Detroit and Washington D.C. were the only two cities to see positive annual returns of +2.7 percent and +0.3 percent, respectively. Just last week, [...]

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Real Estate Dots

October 21, 2011

Dorkbot is a semi-monthly meeting of “people doing strange things with electricity.” They have been chugging along in several cities for a decade-or-so. Back in 2005 I presented at a Dorkbot in London, so I have an enduring soft spot for these quirky gatherings. At this month’s Dorkbot in San Francisco, a meteorologist named Tim [...]

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Top 3 US Housing Markets

October 20, 2011

Disclaimer: Our lawyers like to make sure we don’t have any fun (shocking, we know). We are not investment advisors, tax professionals, or legal professionals and nothing contained in this post should be considered professional investment advice. We’re just the data whisperers. We’ve been watching the US housing market on a weekly basis for the [...]

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Forbes 500 Most Expensive Zip Codes

October 12, 2011

The 2011 Forbes 500 is out!  Each year we work with our friends at Forbes to help them compile the most expensive real estate markets. Forbes likes their lists. They come to Altos, because we can pull the data together, and Forbes has a particular way they like to run the methodology. For example, for [...]

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The housing market’s volatility (and a good meme…)

October 6, 2011

A shout out to Rick Sharga for working in our “Catfish Recovery” meme into his recent presentation. From HousingWire: “We’re looking at a catfish recovery,” he [Rick] told attendees at the Asian Real Estate Association of America conference in San Francisco Friday, saying the market will bump along the bottom for some time before starting to [...]

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Altos Research National Housing Report

October 5, 2011

October, 2011 “Oh, you liquidated her, eh? Very resourceful!”  -The Wizard Of Oz, congratulating Dorothy and crew for melting the Wicked Witch of the West The mass liquidation of foreclosure portfolios is best described as a trickle.  The inventory is coming on the market slowly as more loans are modified to keep homeowners in their [...]

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Trend Chart of the Day: FHA Loan Limit Changes & Home Prices

October 3, 2011

Lots of yawns and snoozes as expected (see: CNBC Recap & Analysis: Tax Assessment, Morgtage Refis, Valuations, Conforming Loan Limits). The upper end price tiers have been adjusting their ask prices since the early Spring in anticipation of the FHA Loan Limit changes that took place on October 1: Nothing to see here.  Move along…

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September Mid-Cities Report

September 22, 2011

The September Mid-Cities report is live and you can access a copy of it here. There are some interesting trends in Altos mid-cities composite and the Altos national composite.  The markets in composite are telling a similar story about what’s in store for the winter. From the Altos Research September 2011 Mid-Cities report: “Dr. Ray Stantz: [...]

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