Tag: Economy

What the Economists Are Missing in the Real Estate Market

If you have been following the news, you know the economy is getting better, unemployment rates are improving ever so slightly, consumers are spending a bit more while not going overboard and consumer confidence is improving. And you are hearing many point out that the above factors are having an impact on housing. How much? A lot according to economists and those who study such things. But I noticed something yesterday that I find quite interesting.

May 02 / 2012

The Honest Truth: People Are Buying Houses

I love my iPad. And one of my favorite apps is Zite. If you don’t have it, get it! It pulls articles of interest to you and essentially creates a daily online magazine with sections of interest to you. And what’s really cool about it is that it doesn’t only pull content from mainstream outlets, but allows me to read “off-the-beaten path” articles or blogs I might not have found before.

My “real estate” section routinely pulls blog posts from an outfit called The KMC blog. Yesterday I saw this great post and thought I’d share it. As a math guy, I loved the simple presence. The author broke down the National Association of Realtor’s estimate for annualized home sales for 2011 and determined that nearly 14,000 homes are being sold every day.

September 28 / 2011
Author admin
Category General
Comments 10 Comments

Consumer Confidence is Driving the Bus

It’s all about consumer confidence.  If you didn’t think that American nerves are rattled by the recession, continued high unemployment figures and the recent Capitol Hill squabbling, you don’t have to look further than two recent reports involving housing for proof. We are a skittish nation right now. The National Association of Realtors reported  that [...]

August 19 / 2011

Positive Signs for Housing

  If you believe that housing will play a critical role in the recovery of our nation’s economy, today’s news from the National Association of Realtors (NAR) hopefully brought a smile to your face. But before I continue, I want to caution everyone that while NAR’s existing-home sale report looks good, we still have a [...]

April 23 / 2010
Author admin
Category Market Report
Comments 2 Comments