This latest boom in local real estate seems to have taken most of the market’s participants by surprise.
Late last year an agent holding his listing open laid this heavy insight on my neighbor, but she and I speculated that the agent might be a bit biased: his listing wasn’t selling.
…How January goes goes the rest of the year, barring unforeseen events, and January 2012 suggests that this year is more favorably disposed—or, in some cases, even more favorably disposed—to sellers than 2011.
First-time buyers didn’t take the holidays off. What finally got them off the fence?
2011 will always stick in my mind as the year the comps didn’t work—when you could find them—at either end of the price range. I don’t know how the appraisers did it: the only thing thinner than inventory was sales.
Local real estate is still full of surprises.
I didn’t need two articles, one from the October 26 Wall Street Journal, the other a summary of the October CoreLogic U.S. Housing and Mortgage Trends, to tell me that renters are hard-pressed these days.