Quoted sections below from Insight: Evidence suggests anti-foreclosure laws may backfire | Reuters. State and federal laws enacted to protect homeowners from eviction in the wake of the 2008 housing crash may be extending the slump, according to a growing number of economists and industry experts. Everyone with a complaint about this has a vested interest…
Tag Archive for Median Price
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Home prices tick up in Southern California | HousingWire
by Newswires • • 0 Comments
Southern California is beginning to see signs of a tepid recovery with the median sales price in the area edging up to $290,000 in April, according to real estate analytics firm DataQuick. Compared to the months of March 2012 and April 2011 that is a 3.6% price hike, with the median price in both of…
Charts, Economics, Email Bulletins Archive, Housing, Lee's Free Thinking, Must Read
Listed House Sale Closings Rose 74,000 in March, Prices up 5% in Month, 2.5% in Year
by Lee Adler • • 0 Comments
The NAR reported today that their members settled 361,000 house sales in March (actual, not seasonally manipulated), up 74,000 from February. The median price rose 5.27% versus February and was up 2.5% versus March 2011. This was the largest monthly percentage price gain since June 2005. The year over year gain was the first significant…
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House Prices Up in California
by Lee Adler • • 0 Comments
The latest evidence that a bottom of sorts is in for the housing market comes from California. Here’s the PR from the California Association of Realtors. Considering the source, you can take it with a grain of salt, but it’s entirely consistent with the national housing trends I’ve been tracking. LOS ANGELES (April 16) – California…
Charts, Economics, Email Bulletins Archive, Housing, Lee's Free Thinking, Must Read
CoreLogic Data Shows House Price Declines Slowing
by Lee Adler • • 0 Comments
CoreLogic’s data for January closed house sales (mostly November contracts) shows a year over year decline of 3.1% nationally. the month to month decline was 1%. However, the 12 month rate of decline has been slowing sharply. According to CoreLogic, 6 of the 10 largest metropolitan markets in the US showed year over year declines…
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Priced in Gold, Is Housing a Buy?
by Bears Chat at The Wall Street Examiner • • 0 Comments
In terms of the median price, it took almost 600 ounces of gold to buy the median priced house in 2005.
Then housing collapsed, and gold rocketed from $500/oz to $1,500/oz. As a result of housing declining by 40% and gold tripling, the ratio has pl…
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Nothing But the Dead and Dying In My Little Town
by a Wall Street Examiner • • 0 Comments
So I went out to do a little housing research this weekend in “my little town”. I found out that you can get a 3 bedroom, 2 bath house, with a garage and about 1,700 square feet of living area, on a lake in many cases, in a gated community, with full …
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Case Shiller Carnage Behind the Curve as Usual
by a Wall Street Examiner • • 0 Comments
Case Shiller is finally catching up to the carnage I have been reporting in the Wall Street Examiner Professional Edition Housing Reports since last August, which is when the damage first became apparent in listings data. Case Shiller imputes multiple …
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Home Prices Fall in Half of U.S. Cities
by a Wall Street Examiner •
Safe to say that the housing bust isn’t over….
Home prices fell in half of U.S. cities in the third quarter as banks stepped up repossessions of properties in default.
The median price of a single-family home dropped in 76 of 155 metropolitan are…
