home price Archive
Distressed Real Estate – Below Market Prices
According to information in the latest Realtors® Confidence Index, distressed properties sell below the market price of comparable, non-distressed properties; the discount level fluctuates depending on sales location and types of properties. Foreclosures have been selling at approximately 20...
April 13, 2012
Local Market Reports: Median Price Growth
The median national home price peaked at $221,900 in 2006, but fell 25.2% over the five subsequent years to $166,100 in 2011. Not every market experienced this same trend. Rather, the decline was overwhelmingly born by the sand states...
March 8, 2012
Realtor® Confidence in Home Price Outlook Increases
The December 2011 Realtors Confidence Index survey reports that an increasing number of Realtors® expect home prices to be constant or rising in the next twelve months. Similar predictions of a bottoming out of the residential markets have recently...
February 15, 2012
Explaining the Housing Market to Potential Clients, Part 2 (of 3)
Price – A Key Issue Note: for part one in this series, click here > Introduction This is the second of three articles discussing how NAR data can be used by Realtors® in conjunction with local market data to...
February 8, 2012
Home Price versus Gold Price
One of the best investments over the past decade has been buying gold. In 2001, gold was selling for $270 per troy ounce. Today, it is at around $1,600. There could be several reasons for the increased demand for...
January 4, 2012