Browsing Posts of 'david'

google-glass-wallpaper-hd

Walk down a street wearing Google Glass, and you can see alerts about nearby houses on the market. The alerts are courtesy of Trulia, the real estate site, which this week introduced an app for Google Glass. It is one of only a handful of apps available for the Internet-connected glasses, and is an example […]

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Why there’s a lack of homes for sale

By Rusty Weston | Spaces In many once-distressed housing markets, home sale prices are rising by double-digit percentages, and homes are selling much faster than in recent years, often with multiple offers. Mortgage rates are extremely cheap. But before we strike up the band, you guessed it, there’s a catch. There aren’t enough homes available […]

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giving-away-money

Borrowers who are still smarting from the mortgage crisis are passing up some real deals and missing out on real cash. By Becky Quick FORTUNE — American homeowners are in the midst of a hot and heavy love affair with low interest rates. But not every courtship has a happy ending. As the final days […]

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New Homes Increase

david May 29, 2013

new-home-sales

Joshua Steiner, Hedgeye FORTUNE — The chart above shows the ratio of new home sales to total sales historically back to 1999. Currently, new home sales are running at 7.8% of total sales. From 1999 to 2005, new home sales averaged a fairly consistent 16% of total sales. The low watermark was 5.5% in May […]

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balloon dart

Rising home prices may be disguising an uncomfortable truth: homeowners are not recovering as fast as home prices. Fitch Ratings analysts suggest skyrocketing prices in key markets are doing more harm than good when analyzed next to other economic data. Consequently, recent home price gains could stall or even reverse the housing recovery, Fitch suggested. […]

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