Reno Home For Sale By Owner
Friday, September 30, 2005
3 Bedrooms + Den / 2 Bathrooms / 3 car gar. / 2068 sq. ft. @ $497,000.
It looks like Reno house prices are still up, but may be peaking. The winter will be the ultimate test.
posted by author @ 10:06 PM,
, links to this post
Real Estate Bubble Trouble
Thursday, September 29, 2005
Real Estate will make you rich?
"If interest rates rise, as they're expected to do, housing will get less affordable still."Oh really?
CNN Money
posted by author @ 12:29 PM,
, links to this post
A California Housing Bubble?
Wednesday, September 28, 2005
Understatement of the year.
"California's housing market, one of the strongest and most closely watched in the United States and the engine of the state's economic recovery, is heading toward a "soft landing" that will slow the state's economy, UCLA Anderson Forecast senior economist Christopher Thornberg wrote in a report."CNN Money
posted by author @ 7:57 PM,
, links to this post
Reno Real Estate Bubble Example
Tuesday, September 27, 2005
2 Bedrooms / 1 Bathroom / 888 sq. ft. @ $299,000
That's $336.71 per square foot.
posted by author @ 8:11 PM,
, links to this post
US home sales jump to second-highest level ever
Monday, September 26, 2005
"There was no sign in the latest report of a sudden downturn in housing despite some fears about a bubble in the real estate market."Yahoo News
posted by author @ 5:01 PM,
, links to this post
The housing boom is screwing up the economy.
Friday, September 16, 2005
America's housing boom is causing an enormous misallocation of resources.
"The popular argument that high house prices are justified by low interest rates has also been stretched to its limit. The affordability of houses for first-time buyers, measured by the ratio of median income to median mortgage payments, is at its most daunting since 1989—the market's previous peak, after which average nationwide home prices failed to keep pace with inflation for five years."The Economist
posted by author @ 6:54 PM,
, links to this post
Bay Area Real Estate Market May Be Slowing.
Thursday, September 15, 2005
"Just when it seemed Bay Area home prices couldn't jump any higher, they bounded to another new peak in August, although sales counts hovered below record territory."SF Gate
posted by author @ 7:15 PM,
, links to this post
Prime Real Estate
Tuesday, September 13, 2005
Here's a few properties that you won't be buying anytime soon.
Who's buying, who's selling in the world of high-end real estate - Forbes
posted by author @ 5:40 PM,
, links to this post
Reno Real Estate Bargain
Monday, September 12, 2005
2 bedroom / 1 bath / ???? sq. ft.
Newly remodeled condo.
Walking distance to Reno Tahoe International Airport.
posted by author @ 9:39 PM,
, links to this post
Waiting for the bubble to pop
Sunday, September 11, 2005
"We're a year away from retiring. Should we wait until the bubble bursts and housing costs come down?"My answer would be- Yes, wait for housing prices to drop drastically until they are at a level that you can afford. You'll be 80 years old with an affordable house payment. You'll be happy that you waited out "the bubble".
CNN Money
posted by author @ 11:37 AM,
, links to this post
Louisiana real estate booms after Katrina
Friday, September 09, 2005
I'm not sure if this counts as a housing boom, but...
"It's crazy," said Herb Gomez, executive vice president of the Greater Baton Rouge Association of Realtors. "(Realtors) are busier now then they have been in their entire careers."Yahoo News
posted by author @ 10:58 PM,
, links to this post
Home mortgages rise as rates drop
Wednesday, September 07, 2005
That's right, interest rates hit a two-month low.
"Fixed 30-year mortgage rates fell 9 basis points, or 0.09 of a percentage point, to an average of 5.64 percent excluding fees, compared with 5.73 percent a week earlier. That is its lowest level since the week ended July 8 when it hit 5.62 percent."Yahoo News
posted by author @ 6:29 PM,
, links to this post
Red Hot Reno Real Estate
Tuesday, September 06, 2005
1 Bedroom / 1 Bath / ???? Sq. Ft. @ $7,500
Yes, that's $7,500 and only $37/mo. for utilities. The rent space is a little steep @ $325/mo.
posted by author @ 8:02 PM,
, links to this post
Housing Slowdown Could Spell Trouble
"The nation's red-hot housing market may finally be nearing its peak, meaning the end of double-digit annual percentage price gains for homeowners and potential trouble for more recent purchasers who stretched to buy."Yahoo News
posted by author @ 7:58 PM,
, links to this post
3/2 in Pasadena, CA
Monday, September 05, 2005
3 bedrooms / 3 bathrooms / 4,000 sq. ft. @ $3.995 million
"Amenities: Two fireplaces, wine cellar with 2,000-bottle capacity, spa, six-camera security system and two-car garage. Living and dining rooms have 15-foot to 17-foot ceilings and large French doors which open to a marble-lined patio and pool."
posted by author @ 3:19 PM,
, links to this post
American Red Cross Hurricane Relief
Thursday, September 01, 2005
American Red Cross Hurricane Relief
posted by author @ 10:23 PM,
, links to this post
Home Builder Remains Bullish on Housing Market
"On average, single-family house prices have risen 50 percent nationwide over the past five years. That's meant record profits for homebuilders, even as some economists have said the current run-up in housing prices in certain markets is probably not sustainable."NPR
posted by author @ 10:18 PM,
, links to this post
