Josh Talayka | August 22, 2011
When you really break it down, there are 5 main factors that traditionally drive our market and will also be the same factors that will drive our recovery. The first 4 factors are easy to monitor and track: Housing Affordability, Job growth, Demographics and available credit. The 5th factor is more difficult to pin down (though not impossible), this is the “human” factor. Having an understanding of these 5 factors and their trends allow us to make reasonable predictions on how our market will develop in the near future.
Category: General, Market Data |
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Tags: Case-Shiller, Chase International, demographics, Fannie Mae, Housing Affordability, Housing Market, Housing Recover, housing trends, job growth, Moody’s Analytics, Real Estate, Standard & Poor’s, statistics, Talayka, The Wall Street Journal, www.sellinghomesinreno.com, www.sellingnorthernnv.com
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
Josh Talayka | December 5, 2007
Mortgage Brokers fail to close 1/3 of their purchase loans for the month of August.
Category: Financing/Mortgage Topics, General, Market Data |
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Tags: housing trends, industry news, mortgage
