Tag Archives: Appraisals

Colorado housing market : Buyers caught in price squeeze

Colorado’s hot real estate market has put some buyers in the prickly position of having to decide just how much they’re willing to pay for a property — even if it means paying more than it’s currently worth. Bidding wars … Continue reading

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Credit Clips Homebuilder Confidence

After a summer of significant monthly jumps in confidence among the nation’s home builders, fall appears to be bringing in a chill. Builder sentiment edged up just one point in October, according to an industry association index, but credit issues … Continue reading

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Weak Jobs Market Hits Homebuilder Confidence

A stall in job growth hit home builder confidence in June. A monthly confidence index from the National Association of Home Builders saw just a one point gain after posting a 4 point spike in May. The survey now sits … Continue reading

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Investor Caution: Beware of Heat in Distressed Housing

As real estate investors rush to buy distressed properties and reap the rewards of a still-heating rental market, two distinct phenomena are suggesting caution, perhaps extreme caution. The first is in sales of foreclosed homes that the banks now own … Continue reading

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Home Sales Contracts Rise 4.1% in March

More buyers signed contracts to buy existing homes in March than the previous month, according to a monthly survey just released by the National Association of Realtors. The Pending Home Sales Index rose 4.1 percent from February and is now … Continue reading

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January Residential Property Values Drop 0.6%

OXFORD, Miss., Mar 27, 2012 (GlobeNewswire via COMTEX) – FNC’s latest Residential Price Index(TM) (RPI), released Wednesday, indicates that U.S. residential property values declined in January, in spite of continued economic expansion and an improving job market in recent months. … Continue reading

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Realtors Report Even Higher Cancellations; And It’s Not Why You Think

For the past several months, Realtors across the nation have been reporting an ever-increasing number of cancelled existing home sale contracts. The latest Realtors Confidence Index now puts the cancellation rate at 20 percent, way up from the historical norm … Continue reading

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Cancellations Plague Pending Home Sales

At first glance it seems like a huge and hopeful headline: Pending home sales, based on contracts signed, rose 10.4 percent in October from September. It certainly gives the impression that buyers are hopping off the fence and into the … Continue reading

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Home Sales Fall on Credit, Cancellations, Confidence

July’s existing home sales, which represent contract closings, came in well below expectations of a two to three percent gain, falling 3.5 percent month to month. While analysts called for an increase, based on several months of rising pending home … Continue reading

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Credit Rules the Housing Market

Existing home sales were basically flat in April, down close to one percent month-to-month and down nearly 13 percent year-over-ear, but you have to remember last year we were heavily under the influence of the home buyer tax credit. Now … Continue reading

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