Almost finished with our 2009 year-end look at the US Housing Market by region blog post series. Here’s the 2009 year-end Median Ask Price and Active Inventory trends for the major Florida markets – Miami, Orlando, Jacksonville and Orlando, with some quick analysis based of what we’re seeing in each city. I’ve also provide a [...]
Ah the glorious Home Buyer Tax Credit. Consumers lust for it, and NAR spent a fortune getting it extended. Realtors are indeed finding it a valuable incentive for business this year.
And housing stimulus goes beyond the tax credit too, the feds are pumping money into mortgages, keeping rates on conforming loans ridiculously low.
But Uncle Sam [...]
The Case-Shiller numbers for August 2009 showed another 1% increase over July, which showed a 1.2% increase over June, surprising many people including Robert Shiller, co-developer of the index. Earlier this week, I suggested that the gains would be “stemmed a bit” so I can’t say that I called the August movement all that precisely, [...]
Last week Erion Shehaj writing at AgentGenius captured a striking shift in the Houston real estate market. Erion’s firm does a lot of work with HUD foreclosures. In the past two years, investors were clearing the market of these foreclosures and swooping in for vulture-good deals.
This year something’s changed. The investors have to compete against [...]