2015 S&P Case-Shiller Home Price Index Case Shiller Home Price Index in the United States increased to 175.20 Index Points in March of 2015 from 173.67 Index Points in February of 2015. Case Shiller Home Price Index in the United States averaged 154.77 Index Points from 2000 until 2015, reaching an all-time high of 206.52 […]
Economic Considerations – Gas Prices, Stock Market & Global Economic Slowdown
Economic Considerations – Gas Prices, Stock Market & Global Economic Slowdown The ability to discuss current events and their impact on real estate can be a key to building and maintaining relationships with your sphere of influence. Talking points should be discussed in social settings and face-to-face communications to build your brand as being a […]
Economic Considerations – Foreclosures Are Still Impacting Prices
Economic Considerations – Foreclosures Are Still Impacting Prices It’s a well-known fact that foreclosures and short-sales have a direct impact on housing prices, as distressed property sales average 20% less in price than sales of non-distressed properties. Normal price appreciation isn’t likely to occur until foreclosure rates return to their historical averages, and that may […]
The Impact of the Global Crisis on Real Estate Prices
New Home Sales are Hot & Existing Home Prices are Rising
As buyers, sellers, and every economist attempts to figure out how much real estate prices will rise in the future, one consideration should be placed above all others. It’s not rising interest rates, the increase in the number of homes sold, or the strong economy and improving unemployment. At the end of […]
Buyer Newsflash: Fed Reports Rising Interest Rates
Florida Foreclosures at Lowest Level Since 2006
COUNTY FORECLOSURE RATE 1 DIXIE COUNTY 1 IN 9219 2 JEFFERSON COUNTY 1 IN 6588 3 TAYLOR COUNTY 1 IN 1825 4 COLLIER COUNTY 1 IN 1431 5 FRANKIN COUNTY 1 IN 1080 6 SARASOTA COUNTY 1 IN 992 7 BAY COUNTY 1 IN 930 8 WALTON COUNTY 1 IN 884 9 MONROE COUNTY […]
Economic Considerations – The Future Looks Bright
The Future Looks Bright There’s still a great deal of uncertainty surrounding the housing industry and economic recovery in the United States. The future however, may not be as difficult to predict as everyone thinks. There is ample evidence that the future looks very bright for the housing industry and U.S. economy as a whole. […]
Economic Considerations – Dramatic Decrease in Flood Insurance for Coastal Property Owners
Economic Considerations – Dramatic Decrease in Flood Insurance for Coastal Property Owners The United States Senate has just passed The Homeowner Flood Insurance Affordability Act by a vote of 72-22. This is the bill the US House passed on March 4th (see note below for a synopsis of this legislation). This is incredible news […]
Economic Considerations – Flood Insurance Relief May be Just Around the Corner
2014 Economic Considerations – Flood Insurance Relief May be Just around the Corner The US House of Representatives has just passed H.R. 3370, “The Homeowner Flood Insurance Affordability Act.” This bill is expected to go straight to the Senate (versus go to “conference” with the flood bill the US Senate passed previously). If it passes […]