by Best Flagstaff Homes Realty | Feb 24, 2015 | National Market News, Real Estate News
What is the Case-Shiller housing index, anyway? “The Case-Shiller index was created in the 1980s by the economists Karl Case and Robert Shiller. It was based upon data on repeat sales of single-family homes.” — NY Times Morning Brief. At some point,... by Best Flagstaff Homes Realty | Feb 23, 2015 | National Market News, Real Estate News
This morning’s news flash on my iPhone was: “Existing-home sales slow to 9-month low in January” As always, the headline is a little more dramatic than the actual news. It’s true that home sales in January slowed from December and fewer homes... by Best Flagstaff Homes Realty | Feb 18, 2015 | Flagstaff Market Trends, National Market News, Real Estate News
January’s decline in new home building activity is attributed to rough weather in the northeast U.S. U.S. housing starts dip in January to 1.07 million annual rate – MarketWatch. Weather certainly has not interfered with new home construction in Flagstaff... by Best Flagstaff Homes Realty | Feb 16, 2015 | Flagstaff Market News, National Market News, Real Estate News
Tomorrow’s big real estate headline is likely to be the merger of Zillow and Trulia, which has been held up for a few months by a Federal Trade Commission investigation into the question of whether the merger will create an illegal monopoly. Apparently, the... by Best Flagstaff Homes Realty | Feb 2, 2015 | Home Buyer Advice, National Market News, Real Estate News
Mortgage rates moved lower again last week, back to levels not seen since May 2013. It’s interesting to consider that the Federal Reserve’s asset purchases have now been fully phased and that a rate hike is a much more immediate threat, yet rates are back... by Best Flagstaff Homes Realty | Jan 29, 2015 | National Market News
This morning’s headline from the National Association of Realtors® trumpeted “Pending Home Sales Stall in December,” however, the underlying numbers showed that although there was a drop month-to-month from November contracts, there was a large...