Top 10 ‘Turnaround’ Housing Markets Daily Real Estate News | Friday, October 26, 2012 Western states continue to dominate, showing some of the fastest paces of recovery in the nation’s housing markets. With inventories falling, national median list prices increased 2.54 percent year-over-year during the third quarter, Realtor.com reprots. The site released its rankings of the top 10 turnaround towns, based on third quarter housing data of median list price increases, inventory levels, and employment rates. 1. Oakland, Calif. 2. Sacramento, Calif. 3. San Jose, Calif. 4. San Francisco 5. […]
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Home building surges to 4-year high
October 23, 2012 in General R.E., Step 03: Do Strategic Planning
NEW YORK (CNNMoney) — The housing recovery blossomed in September, as the pace of home building surged to a four-year high, according to a government report issued Wednesday. Builders started work at an annual pace of 872,000 homes last month, up 15% from the pace in August. They also filed for permits to build homes at an annual rate of 894,000, up 11.6% from the previous month. Both readings were the best since the summer of 2008, before the meltdown in financial markets that caused home lending and building to […]
Protected: RE Grad Call – Real Estate News 10-18-2012
October 18, 2012 in Graduate Group Call, Step 03: Do Strategic Planning
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A new housing boom
October 12, 2012 in Step 03: Do Strategic Planning
A new housing boom By Chris Isidore @CNNMoneyOctober 12, 2012: 1:01 PM ET NEW YORK (CNNMoney) — The long-battered housing market is finally starting to get back on its feet. But some experts believe it could soon become another housing boom. Signs of recovery have been evident in the recent pick ups in home prices, home sales and construction. Foreclosures are also down and the Federal Reserve has acted to push mortgage rates near record lows. But while many economists believe this emerging housing recovery will produce only slow and […]