BluefoxToday blog : September 2009

Is the Housing Market Recovering?

Is the Housing Market Recovering?

Sales of existing homes fell 2.7% in August, ending a 4 month gain in sales. However, the inventory of homes on the market continue to fall. So, is the housing market recovering? Watch this video from CNBC to learn more.

 

 

 

East Bridgewater, MA 02333
Phone: (508) 443-1332

Lew Corcoran, ASP®, IAHSP, IAHSP-CB
Accredited Home Staging Professional
Professional Real Estate Photographer

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Comment balloon 3 commentsLew Corcoran, ASP® • September 24 2009 12:59PM
Is the Housing Market Recovering?
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Is the Housing Market Recovering? Sales of existing homes fell 2. 7% in August, ending a 4 month gain in sales. However, the inventory of homes on the market continue to fall. So, is the housing market recovering? Watch this video from CNBC to… more
Silverado Ranch Las Vegas Real Estate August 2009 Resale Market…
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Silverado Ranch August 2009 Real Estate Resale Market Report (Homes For Sale, Pending, Sold) : Listings (9/16/2009): 127 Under Contract (9/16/2009): 282 Sold August 2009: 68 Month's Inventory: 1. 9 … more
Frequently Asked Question: Why Do I Need 10 Months Reserve in…
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Frequently Asked Question: Why Do I Need 10 Months Reserve in Property Taxes? Q: Our mortgage broker gave us a good faith estimate in which we would have to pay 10 months of reserve for our property taxes. My husband & I thought the norm… more
Las Vegas NV Area August 2009 Home Sales and Listings by Type
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Las Vegas Area September 15, 2009 Active Listings by Type REO: 2379 (22%) Short Sale: 4718 (43%) All Other: 3921 (35%) August 2009 Sales by Type: REO: 2874 (72%) Short… more
Las Vegas real estate prices slow to recover?
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Moody's Economy. com analyst believes housing values will take a long while to regain the levels they reached around 2006 the peak year of this recent ultra expansion. Prices went up at a rather steep curve and then hit the breaks and plunged at a… more
Summerlin Las Vegas, NV August 2009 Real Estate Market Report
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Summerlin August 2009 Real Estate Resale Market Report : Listings (9/15/2009): 690 Under Contract (9/15/2009): 607 Sold August 2009: 160 Month's Inventory: 4. 3 Absorption is slightly… more
Frequently Asked Question: Are There Loans Available with No PMI and…
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Lew answers a popular question about PMI, or Private Mortgage Insurance, and low down payment. This applies pretty much across the land. Frequently Asked Question: Are There Loans Available with No PMI and Only 5% Down? Q: Here's our situation… more
DONOVAN SAYS THE FHA WILL NOT INCREASE THE FHA MORTGAGE INSURANCE…
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Take note of what Lenn is blogging about here. FHA's reserves are about to dip under the critical 2% level that will mean serious trouble. DONOVAN SAYS THE FHA WILL NOT INCREASE THE FHA MORTGAGE INSURANCE PREMIUM. He doesn't really say why. He… more
Desert Shores Las Vegas August 2009 Resale Market Report (Homes For…
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Desert Shores August 2009 Real Estate Resale Market Report : Listings (9/15/2009): 72 Under Contract (9/15/2009): 97 Sold August 2009: 12 Month's Inventory: 6 Since Last Month: … more
International real estate buyers shying away from U. S.
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When mortgage financing was still widely available here a few years ago and housing prices kept on racking up steady gains year after year the foreign purchaser often thought he'd found the ultimate in property ownership. Heck, many Americans… more