For most people, analytics is one of those subjects that other people pay attention to. There are a number of reasons why this is the case: there’s not enough time, it doesn’t seem important, or maybe it seems way too ... […]
Former tech executive turned blogger Bill McBride was one of the first to suggest that homes were precariously overvalued back in 2005. When he spots a trend, people have learned to listen. McBride — who gets up early every day ... […]
The California Association of Realtors announced a new TV, Web, radio and print ad campaign today that highlights the positive impact its 155,000 members have on the state's economy.Two 30-second TV spots, featuring the "ripple" effect that the facilitation of home buying and selling has on the economy and families, will air on the ABC network […]
A national multiple listing service run by the National Association of Realtors should be ready by late summer, the large trade association announced today.NAR has been working for the last decade to put all of the nation's agent-represented homes for sale into one database, consolidating the 800-plus multiple listing services in the U.S. in the proces […]
On the first day of April each year, communities, businesses and news outlets come up with stories intended to fool, amuse, and, sometimes, satirize. Here's a roundup of the posts ... […]
The National Association of Realtors will launch its tech-conference tour this month, the trade group announced today. The first event of the tour will be held on April 12 in Fairfax, Va., and others will follow in different locations throughout the summer and fall ... […]
A new study published in the journal Housing Policy Debate may have identified another contributing factor to the financial crisis: neighborhood zoning ... […]
A price quote means nothing until it is properly locked with the lender. A rate lock, as it is commonly called, is the lender's commitment that it will make the specified loan at the specified price within a specified future period. The price includes not only the interest rate but also points, which are upfront charges expressed as a percent of the loa […]
It's always hard to predict how long it will take to find a home to buy. Given the current low-inventory environment, it may take you longer than it would in a balanced market that has enough homes for sale to satisfy the current buyer demand. Patience needs to be a key component of your home search mentality. Even if a home you like a lot comes along q […]
Our most recent Zillow Home Price Expectation Survey (ZHPES) results were released this morning. The survey asks professional forecasters to provide predictions for housing market growth in the near term. The average prediction for appreciation in 2013 is 5.4 percent, with the lowest projection at 3 percent depreciation and the highest at 10.1 percent apprec […]
In a recent post we talked about how for-sale inventory levels are much lower in many markets nationwide than they were last year. When we did this analysis in February we had already started to see signs that inventory constraints were easing in some markets. While inventory levels of for-sale properties are still lower than […]