With US housing foreclosures making headlines the world over, it should come as no surprise that banks have tightened their lending guidelines for the residential real estate market. That being said, the Federal Reserve's recently-published s...
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During 2007, it was the real estate market that seemed to be determining the fate of the economy. A number of events gripped the economy during the year. There were the write-downs that much of the financial industry was forced to endure ...
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Weekly numbers are hardly ever reliable. Whether its for sports, economics, or politics, it's always hard to spot a trend using statistics from just one week. There's usually too much “noise,” or random movement of data to spot a ge...
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The number of homes sold in Austin Texas in 2008 compared to the same time period in 2007 from January 1 thru February 16 is down 29% for the time period beginning January 1 and ending February 16. In 2007 there were 775 homes sold in January a...
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While final numbers on the value changes in the national commercial real estate market during the fourth quarter are not yet in, MIT has released an important study on the subject. The Transaction-Based Index follows the values of the nation's ...
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The Federal Reserve recently completed its “2008 Senior Loan Officer Opinion Survey on Bank Lending Practices.” It is a much-awaited quarterly survey of the opinion of banking executives that specialize in lending for the real estate mark...
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In 2007 there were a total of 13,162 homes sold in Austin Texas at a 9% average increase in value from the previous year. While the number of homes sold was down 12% in 2007 compared to 2006 in Austin Texas, homes sold for an average of $14 per squar...
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Signs of economic turmoil have become too obvious to ignore. 2007 saw the greatest one-year drop in the value of the national real estate market since the great depression, according to the Commerce Department's new numbers. There is ce...
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