Posts Tagged ‘real estate’Cirios Trends — February 2010In this month’s Cirios Trends: In Search of Real Estate Opportunities, check out: The State of the Markets: February 2, 2010 A critical crossroads has arrived. Feature: Real Estate Investing with Your IRA Diversify your nest egg. Around the Bay: Local News Bites Goings on that move markets. Zip Code Spotlight – South San Francisco [...] Housing Perspective: June Existing Home SalesLies, damn lies and (NAR) statistics. Indeed. The National Association of Realtors (or NAR) released data today showing that sales of existing homes crept up in June, the 3rd consecutive up month. While sales were a touch lower than they were a year ago, the annualized, seasonally adjusted sale figure was up 3.6% from May. [...] By the Numbers – The BottomThis post first appeared in the July edition of Cirios Trends: Getting to the Bottom of the Housing Market It’s everywhere these days: In the news, on the streets. The “bottom” is coming. We have toiled long and hard through the dark days of this “Great Recession” and are now coming to the bottom of [...] The State of the Markets 7/1/09This post first Appeared in the July edition of Cirios Trends: Getting to the Bottom of the Housing Market As the infamous summer buying season heats up, hopeful housing market participants are looking for a respite from nearly four years of woe. Reality, however, is throwing a wrench in their plans. Two trends have recently [...] Keepin’ It Real Estate: Beware The False Bottom in HousingBy ANDREW JEFFERY This post first appeared on Minyanville. Residential real estate is about to get very weird. In the coming months, housing-market data is likely to show price stabilization in many of the country’s hardest hit areas. Pundits, government officials and real-estate professionals will loudly proclaim the worst of our real estate woes are [...] San Francisco Home Sales — $1,000,000+Last week, we posted a graph showing home sales over $1,000,000 in the entire Bay Area. Despite the obvious seasonal trends, sales are slowing significantly. Below is the same data for San Francisco. Notably, although sales definitely fell of the proverbial cliff in Q4 of last year, declines were barely perceptible until this year. Click [...] Cirios Trends – April 2009In this month’s issue, check out: The State of the Markets – 4/1/09 “Optimistic pundits declared the housing market’s bottom just months away, while prices stubbornly maintained their distinctly southward trend.” By The Numbers: Housing Inventory “Looking closely at historical months’ supply provides evidence that this measurement can actually be predictive for housing value trends, [...] House of the Week: How Cheap is That Condo in the Window?This week’s House of the Week takes us down to the South Land, to Santa Ana and the land of endless strip malls and condo complexes. For under $1000 per month in mortgage, tax and insurance payments (assuming 20% down), you can be the proud owner of a 2 bedroom, 2 bathroom condo. The price: [...] Housing Perspective: January Pending Home SalesBreaking a trend of rising Pending Home Sales, the index of signed purchase contracts fell in January, down 7.7% from December, according to the National Association of Realtors (or NAR). The drop was more than twice as bad as economists’ expectations — and by “expectations” we mean wild stabs in the dark. Pending Home Sales, [...] Housing Perspective: January Existing Home SalesBy AUSTIN NELSON Nationwide home values continue to decline into the New Year. The National Association of Realtors (NAR) released existing home sales data today for January, indicating an overall 3.1% decline in the median sales price of US homes from the previous month. This drop follows the same national trend we have been seeing [...] Straight Up Statistics: Deconstructing the AverageBy AUSTIN NELSON In today’s fast paced, data-driven world, it’s easy to get lost in the morass of statistics flashing across our TVs and computer screens at a sometimes maddening pace. Government officials, bankers, retailers and snake oil salesmen alike throw out statistical arguments at the drop of a hat, telling you why their pitch [...] Keepin’ It Real Estate: Buyers’ Market? BewareBy ANDREW JEFFERY This post first appeared on Minyanville. Is it a buyer’s market? Ask most real-estate professionals the above question, and the response will almost certainly be an emphatic “Yes!” After all, they quickly explain, inventory levels are at all-time highs, sellers are desperate to get out from under their rapidly depreciating homes, and [...] Limitations of a Home AppraisalBy RYAN TAYLOR What exactly does an appraisal mean? Perception doesn’t always equal reality. The perception is that an appraisal represents the most accurate value of a property. The reality is that it’s a value provided by a licensed professional, given the purpose and functional use of a property on a given day. The key [...] House of the Day: Swinging into StantonClick here for the results of this House of the Day. Today’s property is located in Stanton, CA a suburban neighborhood smack in the middle of Orange County. (Click to enlarge image) Home Details: – 8511 Chanticleer Rd, Stanton, CA 90680 – 3 Bedrooms – 1 Bathrooms – 1347 square feet living area – 0.17 [...] |