Posted by Rohit on Feb 11th, 2013
Marcus & Millichap Sr. Director of Research, Hessam Nadji, on property buyers and rents in the USA. Lots of good information here including his perspective on apartment buildings! Duration: 4:16 || Date: Feb 8, 2013 If the vdeo does not appear above, please click...
Posted by Staff Editor on Feb 7th, 2013
Corelogic | February 05, 2013 Home prices nationwide, including distressed sales, increased on a year-over-year basis by 8.3 percent in December 2012 compared to December 2011. This change represents the biggest increase since May 2006 and the 10th consecutive monthly increase in home prices nationally. On a month-over-month basis, including distressed sales, home prices increased by 0.4 percent...
Posted by Staff Editor on Jan 29th, 2013
To learn about how to invest in this real estate with yields of over 40%, please visit this page on our website. North Dakota struggles to cope with its oil-boom prosperity Article by: PAM LOUWAGIE , Star Tribune: January 26, 2013 – 10:32 PM The oil boom has meant explosive growth for North Dakota, but life there can be frustrating and lonely, as well as lucrative. … In Williston,...
Posted by Rohit on Jan 20th, 2013
CoreLogic: House Prices up 7.4% Year-over-year in November, Largest increase since 2006 Home prices nationwide, including distressed sales, increased on a year-over-year basis by 7.4 percent in November 2012 compared to November 2011. This change represents the biggest increase since May 2006 and the ninth consecutive increase in home prices nationally on a year-over-year basis. On a...
Posted by Rohit on Jan 9th, 2013
US home prices could increase by up to 4.9% in 2013 by RAY CLANCY on JANUARY 1, 2013 A nationwide panel of more than 100 professional forecasters in the United States expects home prices to rise 3.1% in 2013 after finishing 2012 up more than 4.6%. The findings from the December 2012 Zillow Home Price Expectations Survey reflect growing optimism in the housing market. The survey of 105...
Posted by Rohit on Jan 2nd, 2013
Bakken Shale Driving US Oil Production Growth The oil boom in North Dakota has created worldwide attention. Production figures released by the North Dakota Oil and Gas Division (OGD) indicate that output in the state, primarily from the Bakken Shale, passed the half a million barrel per day (bpd) mark in November 2011. Analysts were eager to note that this put North Dakota ahead of OPEC member...
Posted by Rohit on Dec 30th, 2012
Bill McBride from Calculated Risk blog provides excellent commentary and data on the US economy, labor markets, and housing. The following is excerpted from his post with the full link below. Summary for Week ending Dec 28th by Bill McBride on 12/29/2012 08:03:00 AM New home sales increased to 377,000 in November and are on pace to increase 18%+ in 2012. This was a solid annual increase, and...
Posted by Rohit on Dec 19th, 2012
2013: How Rising Prices Could Boost Housing The Wall Street Journal December 18, 2012, 8:00 AM Home prices finally hit a bottom in 2012. So will 2013 be the year of recovery or relapse? This is the second in a series of blog posts about where housing is headed next year. Potential buyers now have something they haven’t had in a long time: urgency (save for a few months when the government was...
Posted by Rohit on Dec 18th, 2012
Housing: Inventory down 24% year-over-year in mid-December by Bill McBride on 12/18/2012 08:56:00 AM Inventory declines every year in December and January as potential sellers take their homes off the market for the holidays. That is why it helps to look at the year-over-year change in inventory. According to the deptofnumbers.com for (54 metro areas), overall inventory is down 23.9%...
Posted by Rohit on Oct 13th, 2012
Redfin today released its Real-Time Home Price Tracker for September 2012, showing an annual price gain of 5 percent across 19 major U.S. markets…. The reported 29.3% year-over-year decrease in inventory is similar to other sources and is a key driver for the year-over-year price increase.