This guy has been tempering his remarks the last couple of years, but he cuts loose today with one of the more irresponsible comments heard in quite a while - from the latimes.com: "The stimulus has worked," said Rick Hoffman, president of Coldwell Banker Residential...
From the latimes.com: Home sale prices in Southern California showed fresh strength in January, bouncing 8.6% from the same month one year earlier -- a period when the market was inundated with steeply discounted bank-owned properties. But compared with a particularly...
Hat tip to Rick the Tuna for sending this article from the North County Times: "The environment is really conducive to prices rising at this particular point," said Alan Gin, an economics professor at the University of San Diego's Burnham-Moores Center for Real...
From the nctimes.com, where Eric has the rather large shoes to fill of Zach Fox - note the trouble he had in finding an explanation: The median price of detached, single-family homes in North County surged 21.9 percent higher in November compared with the same month...
from the U-T: As housing experts cross off 2009 as the fourth year of the real estate downturn, they see a “dim light at the end of the tunnel” and a “glimmer of hope” in 2010. “It’s not great, but it’s less bad than it was six months ago,” said Alan Gin, a University...
Nov. 12 (Bloomberg) -- U.S. foreclosure filings surpassed 300,000 for an eighth straight month as unemployment made it tougher for homeowners to pay their bills, RealtyTrac, Inc. said. A total of 332,292 properties received a default or auction notice or were seized...
It's November, and 2009 is on the home stretch. Nationally, the pending home sales have increased 8 months in a row, and are up 21% YOY. Looney Larry says that prices have over-corrected and that the $8,000 tax credit is better than home prices going down $8,000. ...
It has been a wild 6-7 months - ever since March when mortgage rates dropped under 5%, the buyers have been very active. Many here thought that worsening economic news would temper buyer enthusiasm, but lately it's ramped up instead. Why? In our first installment we...
While this video has some interesting information about FHA, I was more entertained by the people involved, the backdrop, and the overall addiction to hype. Note her voice-over at 1:37: Their downloading isn't the greatest either.
Alan Gin had to comment on the latest SDAR report: from sddt.com: The median price of detached resale homes in San Diego County rose for the fifth straight month in August, while sales dipped slightly. A report from the San Diego Association of Realtors (SDAR) showed...
