Sun, 27 July 2008
July 26, 2008
Lynnsy Logue The Real Estate Lady and Condo CanDo,
No housing ‘bubble' here, just normal market ups and downs.
Karla Hammer Knotts
From Karla Hammer Knotts, owner of Land Matters, a real estate consulting company:
If you're waiting for home prices in
Released at the end of each month, the Case-Shiller Index measures home prices in 20
Why such alarming predictions? Seven of the 20 markets analyzed in Case-Shiller are from hard hit-areas in the West and
For an example of a disconnect between the index and reality in
So what's really happening in
Our market had excess permits in 2006 and 2007. Those houses have now sold and permits are balancing with demand. This is good news for homeowners. For prices to stabilize and rebound, builders must eliminate inventory of finished homes. To opportunistic homebuyers, this is a signal that now is the time to buy.