Winter Season Has Arrived November 20, 2009
Posted by John Watch in Uncategorized.add a comment
For the past several weeks, we have placed any new posts. Why?
As we discussed during the summer months, Real Estate is Cyclical, Seasonal and Emotional, and yes it seems that the analysts have not learned this key element about the human psyche.
As we enter the winter months, southern sections of the country should continue to experience some recovery, but the “Snow Bird” states of Arizona, Florida and Nevada will experience limited recovery because the migration from the Northeast will be off.
For the past five years these areas were counting on retirees to acquire a second residence or even move to their communities to retire. Given that 70% of all people remain in the area in which they were born, this planned shift does not correlate to the rapid growth in new construction from these areas.
So until the population grows and home absorption occurs through natural cycles, Florida, Arizona and Nevada will continue to struggle. California has an entirely different set of complex economic issues affecting ownership.
So with that said, the Winter months are traditionally the slowest months. Just like the recent crisis in valuation, one must remember that unless you have to sell, you will not sell. As such, the slowdown in new construction activity is not a surprise. The decline in Median Sales price is not a surprise and the temporary slowdown in the recovery of the real estate markets is not a surprise.
So why are all of the analysts surprised?
Housing News Update: November 9, 2009 November 9, 2009
Posted by John Watch in AccuriZ News, AccuriZ Reports, News Feed.Tags: mortgage rates, real estate news
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http://news.yahoo.com/s/csm/20091106/cm_csm/ehousing?ref=patrick.net
http://online.wsj.com/article/SB125747062397832599.html?mod=djemRealEstate
http://www.realestatelocalexperts.com/want-real-estate-success-selling-know-your-buyers/
http://www.usatoday.com/money/perfi/housing/2009-11-02-voluntary-foreclosure_N.htm?csp=ManagingMoney
http://www.usatoday.com/money/economy/housing/2009-11-06-tax-credit-signed_N.htm
Housing News: November 2, 2009 November 2, 2009
Posted by John Watch in AccuriZ News, AccuriZ Reports, News Feed.Tags: $8000 Tax-Credit, AccuriZ, homeowners, Housing in Crisis, property data, real estate report
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http://online.wsj.com/article/SB10001424052748703790404574471683619819154.html?mod=djemRealEstate
http://themortgagereports.com/2009/11/how-long-do-mortgage-rates-last.html
http://seekingalpha.com/article/170419-how-bloomberg-fabricates-u-s-housing-numbers?ref=patrick.net
http://www.thenation.com/blogs/edcut/489583?ref=patrick.net
http://www.newsweek.com/id/220080?ref=patrick.net
Housing News: October 29, 2009 October 29, 2009
Posted by John Watch in AccuriZ News, AccuriZ Reports, News Feed.Tags: AccuriZ, case-shiller index, data, housing market
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The ups and downs of the real estate market…always keeps us in suspense..please read on…
http://www.biggerpockets.com/renewsblog/2009/10/28/home-sales-fall-36-september-decline-march/
http://www.businessweek.com/bwdaily/dnflash/content/oct2009/db20091028_283152.htm?ref=patrick.net
http://www.msnbc.msn.com/id/33505013/ns/business-real_estate/?ref=patrick.net
http://www.cnbc.com/id/33498688/?ref=patrick.net
Housing News: October 28, 2009 October 28, 2009
Posted by John Watch in AccuriZ News, AccuriZ Reports, News Feed.Tags: AccuriZ, housing recovery, Mortgage Assistance Program, property data, real estate news
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Housing News: October 27, 2009 October 27, 2009
Posted by John Watch in AccuriZ News, AccuriZ Reports, News Feed.Tags: AccuriZ, housing market, property values
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http://www.calculatedriskblog.com/2009/10/existing-home-sales-more-activity.html?ref=patrick.net
http://www.nytimes.com/2009/10/25/realestate/25mort.html?_r=1&partner=rss&emc=rss
http://www.msnbc.msn.com/id/33491043/ns/business-real_estate/
http://paper-money.blogspot.com/2009/10/existing-home-sales-report-september.html
http://www.biggerpockets.com/renewsblog/2009/10/27/dos-donts-offer-price/
http://www.realtor.org/RMODaily.nsf/pages/News2009102602?OpenDocument&WT.cg_n=RMO&WT.cg_s=RSSDaily
http://www.nytimes.com/2009/10/28/business/economy/28home.html?partner=rssnyt&emc=rss
Housing News: October 26, 2009 October 26, 2009
Posted by John Watch in AccuriZ News, AccuriZ Reports, News Feed.add a comment
Posted by John Watch in News Feed: Tags:housing market,property data,public records, real estate news
http://themortgagereports.com/2009/10/inflation-mortgage-rates-rounding-decimals.html
http://www.therealestatebloggers.com/2009/10/23/the-other-side-fraud-in-new-home-buyers-tax-credit/
http://online.wsj.com/article/SB10001424052748703816204574487240805281318.html?ref=patrick.net
http://themortgagereports.com/2009/10/mortgage-rate-predictions-oct-22-2009.html
Housing News: October 22, 2009 October 22, 2009
Posted by John Watch in Uncategorized.add a comment
Posted by John Watch in News Feed.
Tags: housing market, property data, public records, real estate news
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For statistical reports on property data from public records and property valuation click here:
Here are a few “informational” articles of interest regarding mortgages and property real estate:
http://news.yahoo.com/s/ap/20091022/ap_on_go_co/us_homebuyers_tax_credit
http://www.mbaa.org/NewsandMedia/PressCenter/70676.htm
http://www.zerodownhero.com/zero-down-mortgages.html
http://themortgagereports.com/2009/10/mortgage-rate-predictions-oct-22-2009.html
Housing News: October 21, 2009 October 21, 2009
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Posted by John Watch in News Feed.
Tags: housing market, property data, public records, real estate news
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http://finance.yahoo.com/news/Homes-About-to-get-much-cnnm-699910894.html?x=0&ref=patrick.net
http://themortgagereports.com/
http://matrix.millersamuel.com/
http://bubblemeter.blogspot.com/2009/10/fiserv-home-prices-to-resume-decline.html
http://www.msnbc.msn.com/id/33382851/ns/business-real_estate/
Housing News: October 20, 2009 October 20, 2009
Posted by John Watch in Uncategorized.add a comment
http://themortgagereports.com/
http://money.cnn.com/2009/10/20/real_estate/home_price_forecast/index.htm?section=money_realestate
http://www.nytimes.com/2009/10/18/realestate/18mort.html?partner=rss&emc=rss