The statistics have been updated for the month of August 2014. Sales of businesses with real estate and commercial properties have slowed, along with attached housing as we go into the fall market. Single family properties as well as multi-units are still in demand and prices are surging significantly for […]
MSI
4 posts
The recent Realtors Confidence Index survey reports that cash buyers are 31% of the existing residential home sales market. This is no surprise as tightened credit leave cash buyers as a significant percentage of purchasers when competing offers that require financing sometimes cannot qualify for certain properties. The majority of […]
Taking Inventory: Supply Picture Slowly Improving One closely watched gauge of the local real estate market is Months Supply of Inventory (MSI). MSI forecasts how long it would take to sell off the remaining supply of active listings given the current pace of sales. As a general rule of thumb, […]
WSJ just published an article stating that the housing crash may have been more severe than what initial estimate show. The National Association of Realtors as well as CoreLogic (real-estate analytics firm) both have varying results from 2010. There are several reasons for the discrepancies. The 2010 Census didn’t include […]