Based on March 2011 existing home data, there are NO trend lines indicating this housing crisis is coming to a close.
Tag Archives: NAR
CoreLogic: Home Prices Down 7 Straight Months
Although prices are down, CoreLogic and others see signs the home price market is stabilizing. Distressed sales are what is driving prices lower. Sales that are not distressed are little changed year over year.
Looking past the Case-Shiller: It’s all about supply
Editor’s Note: This article was guest authored by Scott Sambucci, the Vice President, Market Analytics at Altos Research – a Silicon Valley-based company that provides real-time real estate market analytics. With the S&P/Case-Shiller Index released this week (analysis here), everyone is aflutter with talk of a double-dip in house prices. Remain calm. These are January …
Continue reading “Looking past the Case-Shiller: It’s all about supply”
Home Prices Continue Downward Trend
Econintersect is using the Case-Shiller data release to overview the home price situation. Generally, all home price indexes are trending down.
Pending Home Sales Not Indicative Housing Recovery Is Underway
The National Association of Realtors (NAR) pending home sales data for February 2011 shows little improvement in the pace of home sales.