Moving on from the Midwest on our 2009 year-end look at the US Housing Market by region, here are a few key metros in the Southeast – Atlanta, Charlotte, Nashville and Raleigh with some brief analysis for each city.
We’ll be releasing the January 2010 Real-Time Real Estate Report in a few days. Register now to [...]
Continuing our week-long look at the US Housing Market by region, here’s look at the 2009 year-end Median Ask Price and Active Inventory trends for the largest Pacific Northwest markets.
Median ask prices are declining steadily in each of the four markets highlighted in the Pacific Northwest.
Seattle held up pretty well through 2008, by hit a [...]
Starting our week-long look at the US Housing Market, here’s look at the 2009 year-end Coastal California markets:
Some decent price stability in San Francisco over the past couple of years through the housing crisis and an ongoing recovery in Los Angeles.
Sacramento has leveled off after two years of price declines totaling nearly 65%.
San Diego is [...]
Throughout the next week or two, I’ll be posting 2009 year-end housing market trend analysis for several regions across the US, starting with a national look with our Altos 25-City Composite. While we monitor over 125 metro areas and 15,000 zip codes, choosing a few key markets in each region offers some decent perspective on [...]
Highlights from the December 2009 Altos Research Real-time Housing Market Update that’s now available:
The Altos Research 10-City Composite Price was down by 0.4% in November and 0.8% during the most recent three-month period.
Asking prices increased in just one of 26 markets – Miami. The previously strong California markets all showed price declines during November.
Listed property [...]
Big week in the housing market. The National Association of Realtors just reported a 10% rise in home sales (as measured by transactions, not price). Tomorrow brings the release of the S&P/Case-Shiller Home Price Index for September 2009. Here’s what we’re seeing in the housing market -
An interesting housing market trend this Fall is the convergence [...]
Back in July, I analyzed housing market activity in Jumbo mortgage price zones based on a New York Times article describing how borrowers found it difficult to gain approval for a non-conforming loan. In July, I noted that the homes exiting the market (Listings Absorbed) were doing so at price levels just below the $729k [...]
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, [...]