Q: Denise, I hear you talking about a reduction in inventory, yet in my area we have seen the number of homes on the market increase … Are you sure inventory numbers are going down? A: Yes, nationally these numbers are going down, but remember, real estate is local. You may be in an area […]
2013 is only three days old, yet it has ushered in a huge economic harbinger with the bill to circumvent the fiscal cliff, signed by the President just hours ago. While approval of these tax cuts for 98% of Americans coupled with curtailing automatic deep spending cuts (including cuts to unemployment) should avert another recession, […]
The latest release from the Census Bureau’s Manufacturing and Construction Division shows that the annual rate of starts in building five or more units was 285,000. This is an increase from October and is currently the highest this measure has been since July, 2008. It is still not as high as the multi-family housing boom […]
You may have seen a number of articles recently talking about how the Super-Mega home is making a comeback. While they make a decent argument that some people will always think bigger is better, I actually couldn’t disagree more. Our two largest buying segments of the market are the Baby-Boomers and Gen-Xers. Both of these […]
Posted in Buyers, Real Estate Industry News 
Tags: in the news, market trends, new, Real Estate Market, Real Estate News 
No Comments » With inventory shortages happening all over the country, builders are getting a jump-start on the demand. According to CNN Money, housing starts are the highest they have been in four years. October had a 3.6% increase over September, and it appears new construction is indeed gathering steam. Interestingly enough, although single-family residence numbers didn’t change much […]
The 55 plus market is showing strong signs of recovery. There are three segments of the 55 plus market which include: single family housing, multifamily housing and rental housing. In the 3rd quarter of 2012 the single family segment showed significant improvement in the demand for new homes. The 2012 55 plus index tripled over […]
A recent article put out by CNN and a report put out by Barclays Capital echoes what I have been saying for over 2 years, real estate is expected to hit record setting levels in the next 26 months. I have been talking about an expected real estate boom for quite some time now. I […]
Specifically, that mysterious, much-talked-about “shadow inventory” –the boogeyman that every analyst out there is scaring the pants off consumers by talking about! Large amounts of shadow inventory were created as a result of the mortgage meltdown which occurred in 2007 and 2008… and the collapse of the housing market which followed. Record number of homeowners […]
Every year in December I take time to look back at what the year has brought … and forward to what our industry can expect in the coming year. 2011 was another year of turmoil when we most needed stability. Civil unrest continued at high levels in many locations around the world. Many countries and […]
Posted in Zebra Reports Tags: real estate economy, Real Estate Market, real estate predictions 2 Comments » Q: Denise, I have a seller who wants to put their home on the market … the week before Christmas! What can I say to persuade him this is a bad idea? A: Actually, it probably isn’t! Rather than assume the holiday season is a bad time in your market, do some research. When I […]
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