By housingguruadmin, on July 28th, 2011%
“Want to Jump-Start the Housing Market? Get Rid of the Realtors®” The waggish title of a recent post on “Freakonomics,” immediately caught my attention. The website, which offers money-saving and investment advice, sometimes does so with clever and quick-witted banter. And while the title did exactly as intended, driving me to click on the post, the . . . → Read More: Let’s Get Rid of Realtors® and Restore the Housing Market
By housingguruadmin, on July 21st, 2011%
What if the housing market has already recovered? What if today’s sluggish market is the rate at which homes will be sold for ten years or longer? Could it be that the sales levels of the past decade were just an anomaly fueled by loose lending restrictions and the attraction to phantom “investment” opportunities? The bursting . . . → Read More: What if the Housing Market Has Already Recovered?
By housingguruadmin, on July 19th, 2011%
Sluggish Housing Starts Show Depth of Crisis
Housing starts rose 14.6 percent in June to the highest level since January, coming in at an annualized rate of 629,000. And while any improvement is better than none, the reality of the numbers demonstrates just how far new home construction has fallen since its peak in 2006.
. . . → Read More: Sluggish Housing Starts Show Depth of Crisis
By housingguruadmin, on July 8th, 2011%
With almost 25 million unemployed or underemployed and with consumer confidence feeble at best, what’s the significance of predicting a housing bottom? Will it mean that home prices have stabilized and that the housing crisis and recession are over? Does calling a bottom mean those who have been “fence-sitting” will be rushing out to write . . . → Read More: What’s the Significance of Predicting a Housing Bottom?