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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In the News: California Real Estate Market Trends

September 21, 2011

Headline #1: California’s Median Home Price Hits 2011 High The Data: Prices leveled off in early 2011 after dropping from their 2010 peaks. Headline #2: Existing-Home Sales Jump Nearly 19% From Last Year The Data: Using “Listings Absorbed” as a proxy for transaction counts (measured as homes that exiting the market for any reason) And [...]

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Altos Research National Report | September 2011

September 7, 2011

Since a peak in early July, we’ve seen week over week cooling of the housing market. The spring price and inventory bumps are over and we’re settling in for a long, cold winter. Prices decreased in seventeen markets this month (seven markets reported a decrease in prices last month). In the markets that experienced increases [...]

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How’s The (Luxury) Market?

August 25, 2011

WHAT: Scott Sambucci of Altos Research and Laurie Moore-Moore of The Institute for Luxury Home Marketing will talk about the latest luxury market data and the word on the street from luxury real estate agents around the country.  WHEN: Thursday, September 1, 2011, 12:00-1:00PM CDT. HOW: https://www2.gotomeeting.com/register/959382282 The luxury home market has some surprises, considering the gloom [...]

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