Long Island Real Estate Appraisers

Topic Page | Housing Market Stats

December 11, 2011

Comments Off on The World Turns On, But Inventory Does Not


Buying Real Estate, Foreclosures, Housing Market Stats

The World Turns On, But Inventory Does Not

slow-housing-market

CoreLogic is a company that tracks all kinds of trends. They take a slice of recent history and the economic factors within it and do cool calculations that slice and dice information used by pundits and prognosticators – and sometimes speculators. Data is only as good as its interpretation.  What is even more important is […]

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December 7, 2011

Comments Off on The Worm Turns


Buying Real Estate, Housing Market Stats, Miscellaneous

The Worm Turns

us-dollar-losing-value

Whatever you have heard about the death of The American Dream is absolutely erroneous. Well, as long as you aren’t American. Huh?  Yeah, the foreclosure inventory in highly desired areas is being bought up by foreign investors. And hey, it’s not all that bad. The President did tell Joe The Plumber that he thought that […]

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December 5, 2011

Comments Off on The Obtusely Obvious Advice of the NYT


Housing Market Stats, Loan Modifications, Mortgages, Selling Real Estate

The Obtusely Obvious Advice of the NYT

housing-marketing-moving-at-a-snails-pace

So the new breaking news from the NYT is that 79% of the mortgages that were closed in 2011 were refinances. That would make sense, wouldn’t it?  I mean, there is very little selling and the economy is on life support so how else could there have been originations? Not to mention the fact that […]

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December 1, 2011

Comments Off on Pop Goes the Real


Housing Market Stats, Miscellaneous

Pop Goes the Real

inflation-balloon-being-popped

It seems that Brazilian real estate is blowing up just like US real estate did in 2007. Yeah, just like a bubble, right? You see, since a large cache of oil was found off shore in Brazilian waters and China has an insatiable appetite for Brazilian commodities, the economy in brazil is booming. So let […]

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November 26, 2011

Comments Off on Perhaps an Aggravating Thread Should Not Be Pulled


Foreclosures, Housing Market Stats, Miscellaneous

Perhaps an Aggravating Thread Should Not Be Pulled

kitten-pulling-thread-from-ball-of-yarn

I have always said that if you torture a number long enough, it will say whatever you want it to say. I believe that is the case with a recent study conducted by the Federal Reserve Bank of Cleveland. The study claims that foreclosed upon properties that are vacant have a lesser negative impact than […]

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