home price Archive

Home Prices Zooming in Hawaii

There are many home price measurements and not all agree at any single moment in time, but one consistent trend in recent months is that more and more markets are showing recovery. Whether it is NAR median price, Case-Shiller...

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...

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...

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...

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...