Jan 25, 2011 2:53 PM An improving economy combined with a thaw in the capital markets and limited new supply led to a big spike in investor confidence in the fourth quarter. That’s the takeaway from an exclusive survey conducted jointly by NREI and Marcus & Millichap Real Estate Investment Services. My Take: After showing… read more →
The news is out there that existing sales went up by 12.3% in December but new homes starts were down. Why? With the amount of homes on the market, the way sellers are getting realistic with their pricing, great deals on distressed properties, and interest rates creeping up a bit but still at awesome levels, buyers are realizing that… read more →
Building starts have fallen to 4.3% in December of 2010 while building permits have increased 17% during the same month. Why? It goes without explaining why the housing starts are down which is due in main part to the lagging economy. But why are the permits up 17% if there is such a glut of homes… read more →