Over the last decade, the housing market has gone through a dramatic swing. The large increase in unemployment which resulted from the recent recession coupled with nearly 4 million foreclosures since 2008 reduced the number of homeowners. As a … [Read more...]
2012 prediction accuracy, 2013 guesses
There can’t be a Nate Silver for housing; Silver uses math for his predictions (which is why they’ve always been so accurate), and predicting the housing market requires some degree of guesswork. (Educated guesswork, hopefully.) Bill … [Read more...]
Under 30? Time to apply for Realtor mag’s contest
Are you or someone you know under 30 and planning to stay that way till at least the beginning of June? If so, you’re eligible to be one of Realtor® magazine’s annual 30 Under 30 — “Rising stars in real estate,” as … [Read more...]
High lumber futures mean investors are serious about recovery
So the price of lumber futures has hit a six-year high. So what? It’s a great indicator of Wall Street’s confidence in the home-building market. Anyone can say that housing is recovering (including us), but that lumber futures number … [Read more...]
This Holiday Season, Be Mobile with Your Information
At gatherings with friends and family this holiday season, people will seek you out to help answer their questions about today's real estate market. Your use of visuals at these moments is just as crucial as it is during a scheduled consultation. You … [Read more...]
Shadow inventory — broad definition could be why it’s not be a big deal
Shadow inventory is supposed to be a Big Problem going forward. Heck, it was supposed to have been a Big Problem already… it just never turned out that way. (I, too, had bought into the concern — and was happy to see it was … [Read more...]
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