The Richmond Times-Dispatch asked Richmond Association of Realtors® CEO to weigh in on Virginia’s housing recovery. Check out what she had to say by clicking here. The post Richmond’s Laura Lafayette on Virginia’s housing … [Read more...]
Home prices barely drop from August to September (this is unusual)
Not news: Redfin says that both home sales and home prices were up in September over last year. That’s not unexpected — the four percent sales jump and 5.4% price jump are signs of the ongoing recovery. What is unusual is that home prices … [Read more...]
Good numbers from existing-home-sales report
Two things of note from NAR’s August existing home sales report: First-time buyers make up about 31% of the market, and distressed sales (foreclosures and short sales) only make up about 22%. (Note: Just in case it’s not clear, those … [Read more...]
Maybe there’s no recovery? Beg to differ with ya
Interesting post over at the Progressive Policy Institute entitled “Rising Home Prices May Not Spell Recovery.” Interesting, but — to be overly blunt — wrong. The argument by author Jason Gold is that, although it seems home … [Read more...]
NAR: Commercial growth is sorta OK
The latest quarterly commercial real estate forecast from NAR has zero surprises (and that’s just fine). It says that yes, the CRE market is recovering with the rest of the economy, “but a slowdown in job creation and ongoing tight loan … [Read more...]
