Tag Archives: Sidelines

Housing’s Spring Bloom ‘Stuck’ Due to Short Supply

Posted on April 22, 2013 by sheri

“If I am underwater in my equity and now suddenly I’m not, but I’m up 5 percent and the market around me is appreciating 6,7,8,9, 10 percent, why don’t I wait and perhaps get a 10 percent return on my … Continue reading →

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Southland Median Home Sale Price Climbs Again; Sales Rise Slightly Yr/Yr

Posted on April 18, 2013 by sheri

WASHINGTON, D.C. – April 17, 2013 – (RealEstateRama) — The median price paid for a Southern California home hit a 56-month high in March, rising 23.4 percent from a year earlier as the impact of foreclosures continued to fade and … Continue reading →

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Here’s What Is Fueling the Housing Boom in Vegas

Posted on March 5, 2013 by sheri

Investors swarmed into the Las Vegas market, much like they did in Phoenix, AZ, using all-cash private equity funds to buy distressed properties in bulk. As competition grew and supplies shrunk, prices took off. While still well below the peak, … Continue reading →

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Rising Mortgage Rates May Not Hurt Housing

Posted on March 21, 2012 by sheri

It was barely a few weeks ago that mortgage rates were sitting at record lows. The idea of rates over 4 percent on the 30-year fixed seemed a distant memory. And here they are now at 4.05 percent on the … Continue reading →

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As Home Prices Fall Further, Is It Time to Buy?

Posted on February 29, 2012 by sheri

Nobody wants to catch a falling knife. It is as simple as that. If potential buyers see continued home price erosion, they will stay parked on the sidelines. But as with everything else in this unique and historic housing market, … Continue reading →

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Developer says real estate market is on the mend – Las Vegas Review

Posted on February 5, 2012 by sheri

With two decades of experience selling land in Las Vegas, Bill Lenhart feels like he has a good understanding of the fundamentals that drive the real estate market. Lenhart, managing member of Sunbelt Development Realty Partners, has brokered hundreds of … Continue reading →

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Foreclosure Investors are Double-Edged Sword

Posted on January 24, 2012 by sheri

The best and most expeditious way to clear the vast inventory of foreclosed properties weighing down today’s housing market is to get more investors in and sell them these properties at bulk discounts. That’s what the Obama administration and Federal … Continue reading →

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Mortgage Rates, Mortgage Demand and Home Prices All Fall

Posted on October 6, 2011 by sheri

When mortgage rates first fell below five percent in 2009, we called it an emotional landmark, a level that, while not significantly different from the previous week or month, would send up a flag to borrowers that it was time … Continue reading →

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California home sales up in August, but calendar may get credit

Posted on September 17, 2011 by sheri

California home sales jumped in August, but that was mostly due to a quirk in the calendar providing more business days than usual. The state’s median home price dropped year-over-year for the 11th consecutive month. Sales of so-called distressed properties … Continue reading →

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Housing drags on improving economy

Posted on April 17, 2011 by sheri

WASHINGTON – Many sectors of the U.S. economy are showing heartening signs of growth: employment, international trade, manufacturing and professional services among them. Then there’s the miserable housing sector. It’s still missing from the list of positives, still a net … Continue reading →

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