home price Archive

Disappearing Shadow Inventory

One broad trend across the country has been a consistent and steady decline in shadow inventory.  There is already a shortage of visible inventory.  So a shorter shadow – those properties with serious mortgage delinquency or in some stage...

Latest New Home Sales (March 2015)

Contract signings to buy a newly constructed home fell in March from the prior month.  The likely reason is the lack of construction rather than the lack of demand.  The single-family housing starts had been lower in February and...

U.S. and International Housing Prices: U.S. a Good Buy

Foreigners buy houses in the United States for a variety of reasons:  vacation, investment, rental, asset diversification, primary residence, and other purposes. With the dollar gaining strength against foreign currencies and inventories of available properties decreasing as prices increase,...

Using NAR Research to Address Prospective Buyer Concerns “What Will Housing Prices Do? Is it Safe to Buy?”

No one really knows what housing prices will do in the short run:  to quote J.P. Morgan on the stock market, “They will fluctuate.”  Experience during the Great Recession showed how markets become unpredictable during a crisis.  However, for...

Irish Home Price Trend and the U.S. Forecast

Irish home prices rose at 16 percent in 2014.  That gain was the best in the world.  Ireland had experienced a big bubble and burst, but the climb since then has been consistently one of the best.   It is...