According to CNN, “The housing market hasn’t bottomed out yet. For the third quarter, the closely-watched S&P Case-Shiller national home-price index fell 16.6%, and experts are predicting further declines. Of the top 100 markets, here are 10 with the worst forecasts.” And out of those 10, 8 of them are in California. This isn’t news … Continue reading 8 out of 10 Worst RE Markets for 2009 in California
Somebody told me today that it’s time to buy a home soon because the next housing bubble is right around the corner. Oh dears… My sources from Wall Street are saying that we got at least 5 years to go before any significant recovery of real estate can even be considered. First time buyers, making … Continue reading 3 steps to a housing crash
Patrick linked to an interesting article from Zillow yesterday on what homeowners believe about the housing market. “SEATTLE, Feb. 7 /PRNewswire/ — Despite repeated highly publicized reports of a home sales slump and pricing slides, there’s a surprising amount of positive consumer sentiment — and perhaps a good measure of homeowner denial as well: Even … Continue reading Nope, Not Me
Every Friday I will provide a short list of news headlines that reflect the current state of our housing market; either locally, statewide or nationally. By looking back at these headlines we can analyze the current state of the market and project where it is heading from here. Just in case you missed it, SavedByGrace … Continue reading Weekly News Recap 1/31/08
Every Friday I will provide a short list of news headlines that reflect the current state of our housing market; either locally, statewide or nationally. If you feel that I’m missing one, please leave a comment linking to the article. 1/17/08 – Median house price tumbles 15% in California In addition to tumbling home prices, … Continue reading Weekly News Recap 1/24/08