Wed, 27 Aug 2008 23:17:32 +0000
Mon, 25 Aug 2008 10:42:50 +0000
The National Association of Realtors (NAR) recently released a study of foreign activity in the US real estate market. The industry group had some interesting findings. Overall, its findings reinforce the perception held by many realtors and economists: purchasing activity by foreigners eager to take advantage of the weak dollar has been providing the national [...]Fri, 22 Aug 2008 21:26:00 +0000
As the market has been transitioning from a strong seller’s market to a strong buyer’s market, the sales dynamics have been changing in a number of different ways. The changes go far beyond just longer or shorter wait times, or more or less bargaining power. Instead, the shifts in the market have rippled [...]Sun, 17 Aug 2008 14:09:10 +0000
Alan Greenspan has spoken out in another prominent interview, airing opinions that, despite his retired and partially discredited status, continue to shape and cement market expectations.
The maestro of the housing bubble opined that the subprime crisis should play itself out and national housing prices should “start to stabilize, or touch bottom, sometime in the first [...]Fri, 15 Aug 2008 14:29:01 +0000
Over the past decade, changes in the US dollar have been one of the central storylines of the evolving global economy. The same is true for the New York Real Estate market. As the US government unofficially abandoned its increasingly untenable strong dollar policy at the beginning of the decade, foreign demand for US real [...]Wed, 13 Aug 2008 14:28:10 +0000
With all the turmoil in the financial markets recently, it’s not surprising that the value of luxury homes in the tri-state area has been reduced in recent months.
Connecticut is a good example. It is the wealthiest state in the union, per capita. Yet the average home value is over 30% off of its recent [...]Wed, 06 Aug 2008 12:45:53 +0000
The implications of the US recession are starting to show itself. Revised numbers show that the economy retracted two quarters ago. The same could be said about the last quarter – if population growth and government deficit spending aren’t considered “economic growth.” While the recent decline in fuel prices offers some hope, the fed has [...]Fri, 01 Aug 2008 21:21:00 +0000
As the influence of sovereign wealth funds (SWFs) grows, the consequences of their rise are just beginning to be studied. A number of studies have found that, save for a predisposition to invest in their home countries, SWFs show no major signs of non-profit driven motives.
A number of exceptionally high profile purchases by newly [...]Fri, 01 Aug 2008 13:38:58 +0000
With the dollar getting weaker and that factor playing a larger and larger role in our national economy and the local real estate market, now seems like a good time to look at the role the low dollar plays in our economy and the real estate market in general.
One thing is not debatable: The [...]Thu, 31 Jul 2008 14:26:28 +0000
The new housing bill is the most important piece of legislation effecting domestic affairs to come out of congress in some time now. President Bush signed it into law just yesterday. Its details will effect the national real estate market in a powerful way. So, what are the main features of the [...]
A forum for buyers to keep up to date on the latest real estate news and analysis.