Josh Talayka | June 24, 2011
According to the most recent Standard & Poor’s Case-Shiller index, housing prices have fallen back to 2002 values nation wide, with some of most heavily hit regions of our country even reaching levels we haven’t seen since the late 1990’s. In addition, it is expected that prices may continue to fall through at least the end of this year. However even with this prediction of further depreciation, there are still many factors that indicate why it is still a good time to buy.
Category: General, Market Data |
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Tags: Case-Shiller, Chase International, Freddie Mac, Home buying, Moody’s Analytics, Mortgage rates, Nevada, NV, Real Estate, reno, Standard & Poor’s, statistics, Talayka, www.sellinghomesinreno.com, www.sellingnorthernnv.com
Josh Talayka | May 31, 2011
According to new data release by Zillow in Early May 2011, home prices have fallen 8% from what they were a year ago and now declining at a rate of around 1% every month. Zillow expects this trend to continue into 2012.
Category: Market Data |
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Tags: Chase International, Default, home price, home value, negative equity, Nevada, NV, Real Estate, reno, Talayka, www.sellinghomesinreno.com, www.sellingnorthernnv.com, Zillow
Josh Talayka | April 27, 2011
Early this year, Chief Economist for the National Association of Realtors (NAR) Lawrence Yun was predicting that existing-home sales for this year will increase by 0.4 million when compared to last year’s sales of 4.8 million. In addition, Yun also expects that prices will increase an average of 1% this year. According to Yun, these gains will be the result of continued economic improvements that he is also predicting.
Category: General, Market Data |
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Tags: Chase International, consumer price index, economic recovery, Employment, GDP, Home Sales, housing trends, Lawrence Yun, NAR, National Association of Realtors, Nevada, NV, Real Estate, reno, Talayka, www.sellinghomesinreno.com, www.sellingnorthernnv.com
