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Open House Report: Weekend Open House Report: Sunset District Edition

Location: 1915 9th Ave. at Ortega St. Size: 3-bed, 1-bath, single-family home Price: $899K Pitch: "Have you been looking for a cute, move in ready house with great light on a quiet street walkable to a playground, tennis courts, shops,...

Succinct Summations of Week’s Events 2.27.15

Succinct Summations week ending February 27th Positives: 1. The Nasdaq Composite just had its highest monthly close ever. 2. Durable goods orders increased 2.8% vs 1.6% expected 3. Case-Shiller home prices rose 0.87% m/o/m and 4.46% y/o/y, both above estimates. 4. Core consumer prices rose 0.2% m/o/m vs +0.1% expected. 5. Pending home sales grew...Read More

With Mortgage Rates In The 3s, Home Price Gains Suddenly Accelerating

As today's mortgage rates drop, home values begin to accelerate higher. What's ahead for U.S. housing, plus instant access to today's low rates. Click for the complete post : With Mortgage Rates In The 3s, Home Price Gains Suddenly Accelerating.

SF’s real income inequality issue isn’t hipsters priced out of homes — It’s the homeless

As the tech boom continues to bring more and more attention to San Francisco’s socioeconomic issues, a well-trod narrative has emerged: Tech companies have brought more and more upper-middle class workers to the Bay Area where housing — affordable or otherwise — has been limited by geographic and legislative pressures. Show More Summary

NAHB: Falling Mortgage Rates Barely Offset Rising U.S. Home Prices

Home affordability remains near a 6-year low despite today's ultra-low mortgage rates. What should buyers do? Analysis and access to complimentary mortgage rate quotes. Click for the complete post : NAHB: Falling Mortgage Rates Barely Offset Rising U.S. Home Prices.

Zillow’s Home Price Estimates Now Reflect Edits Immediately

Zillow now makes it easier for homeowners to edit facts about their homes and have those changes immediately reflected in its price estimates. Zillow’s so-called Zestimates are one of the key features of its service. For every house in the U.S., Zillow will try to estimate its current value. Currently, that’s about 100 million homes, the company’s chief economist Stan… Read More

US Housing Prices Beat Expectations on Job Market Gains - Economist

An economist claims that US housing prices exceeded projections in the fourth quarter, a spike likely driven by improvements in the job market and a lackluster supply of homes.

Economic Statistics for 24 Feb 15

Redbook reports that last week’s retail sales slowed to 2.8% on a year-ago basis, from the previous week’s 3.2%. The S&P/Case-Shiller 20-city home price index rose 0.9% in December, with prices up 4.5%, year-over-year. A strong rebound in new work helped boost to Markit’s PMI Services Flash for February 3 points to a 4-month high […]

TNW Deals’ Smart Home Roundup

Experience the future of comfortable living today, with TNW Deals’ range of smart products for the home. Enjoy unparalleled convenience, novel new functionality — and great prices on everything! $10 Off – ilumi LED Smartbulb ControlShow More Summary

What is Delayed Financing?

In today’s competitive housing market, we are seeing more buyers using “all cash” to purchase their homes. Delayed financing allows home buyers who pay cash for a home to obtain cash out, using a refinance, without it being priced or treated as a “cash out” refi. A “cash-out” refi has stricter requirements, including having to […]

The most unaffordable place to move in Britain is NOT London

London house prices may have soared 90% over the last decade but, surprisingly, Britain's capital isn't the most unaffordable place to buy home as a local. It's Oxford. According to research by Danny Dorling, Halford Mackinder professor...Show More Summary

Can Home Depot Inc. Build Upon the Foundation Laid Out by Wall Street?

Home improvement giant Home Depot catches a wave of price target hikes from Wall Street, but can the do-it-yourself retailer actually make good on analysts' expectations?

Here come home prices ... (XHB)

The December reading on home prices from the FHFA is expected for release at 9:00 am ET. Expectations are for prices to rise 0.5% in December after rising 0.8% the prior month. We'll be back with the live numbers when they hit. JoinShow More Summary

Three GOP Hopefuls Face Budget Problems at Home

Wall Street Journal: “Louisiana Gov. Bobby Jindal must respond to falling tax revenues as lower oil prices hit his energy-dependent state. New Jersey Gov. Chris Christie is trying to stabilize state finances amid ballooning pension costs and credit downgrades. Wisconsin [...] The post Three GOP Hopefuls Face Budget Problems at Home appeared first on Political Wire.

SamaUSA Rethinks Workforce Development For The Digital Age in East Palo Alto

Nestled between Silicon Valley suburbs with median multi-million dollar home prices, East Palo Alto is a 28,000-person community that can feel like it has been left by the wayside of the current tech boom. One-third of its adult residents don’t...Show More Summary

Housing prices rise 1% in Feb: RP

CoreLogic RP Data home value index shows national average price rose more than 1%, led by Sydney.

Photos of a high-end weed store in Aspen, CO

3 days agoHumor / odd : Boing Boing

Aspen, CO is the most expensive towns in the United States. The median price for homes or condos is $4,570,633. Read the rest


SOLAR ADDS VALUE TO HOME PRICE Appraising Solar Energy’s Value; Solar Panels and Home Values Lisa Prevost, February 20, 2015 (NY Times) “New research sponsored by the Department of Energy shows that buyers are willing to pay more for...Show More Summary

A Most Curious Disconnect

Ever since the great moderation started in the 1980s there had been a very close, almost perfect, correlation between the increase in the number of new homes sold in the US, and - logically - the median price of these homes. After all,...Show More Summary

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