Asking home prices rose 3.8% year-over-year, the largest annual increase to date, according to Trulia. In November, seasonally adjusted prices increased 0.8% month-over-month indicating an annualized growth rate of 10%. The latest findings came from Trulia Price Monitor and the Trulia Rent Monitor, which reveal a peak into available trends in home prices and rents. Trulia bases its reports …
Tag Archive: home prices
Sep 19
Rents rising: Seattle rents up 9.5% as of June
Home prices make gains in June June asking prices for homes sold were up by 0.3% month over month in June 2012, the latest month of Trulia national data. Aside from May, when asking prices increased by so little that they were essentially unchanged, asking prices have moved up every month since February. Now, even the year-over-year price …
Jul 16
King County Home Prices up 10%
King County house prices saw a double-digit increase in June …the first time that’s happened in nearly five years. The median price of single-family homes sold last month was $380,000, up 10.1 percent from June 2011 and 5 percent from this May. It was the third straight month of year-over-year price increases, and by far the …
May 01
Hit the bottom…?
Every day there seems to be more positive news about the real estate recovery…Check out a quote by Ivy Zelman which appeared last week in a Wall Street Journal article Stunned Home Buyers Find The Bidding Wars Are Back. “We very much believe we’ve hit bottom,” said Ivy Zelman, chief executive of a research firm, who was among the …
Apr 02
Housing: About to SPRING Back
We believe that 2012 will be the year that home sales start to climb again. Over the past thirty days, more and more experts are saying the same thing. Jamie Dimon, JPMorgan Chase CEO “I believe we’re very close to the inflection point. People look at prices that are still coming down but all the other …
Feb 29
Warren Buffett: It’s Time to Buy Real Estate
Warren Buffett appeared live on CNBC’s Squawk Box this week. During the interview, he was asked about the current real estate market and whether he felt now was ‘the time to buy.’ His response was rather emphatic,and has been used as a headline in hundreds of articles since the interview: “If I had a way …
Feb 03
Home price gains predicted for 2012
… Yes, you read that right! The National Association of Realtors chief economist, Lawrence Yun, predicts a 2% overall increase in home prices next year. And a 4% increase in the number of sales. For 2013, he projects sales to pick up another 6 percent and prices to rise another 3 percent. Ahem. That’s a …
Jan 18
Housing outlook is more upbeat
Optimism is building that the housing industry is nearing a bottom — finally. Home sales and home building are forecast to rise this year after sliding steeply the past five years in housing’s worst downturn since the Great Depression. Recovery is expected to be slow, and home prices are widely expected to fall this year. …
Jan 06
Signs of housing turn-around
Floor for home prices? Recent data, such as new-home starts and existing-home sales, have offered some glimmers of hope. The release of the S&P/Case-Shiller index for October shows additional slippage in prices. But the rate of decline in the index, which tracks home prices in 20 metropolitan areas, is expected to continue slowing, to less …
