Category Archivefor: ‘Market Update’
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There might finally be some good news this year about the nation’s dismal housing market. Or, at least, the bad news could stop. Either way, it will be welcome relief for current homeowners as well as for potential real-estate investors. Reasons to be optimistic have been sadly lacking since the housing bubble burst in 2006. …
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Data through December 2010, released this morning by Standard & Poor’s show that the S&P/Case-Shiller national home price index declined by 3.9 percent quarter-over-quarter during the last three months of 2010. The closely watched gauge is down 4.1 percent versus the fourth quarter of 2009, which is the lowest annual growth rate since prices plummeted …
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U.S. home sales totaled 3.6 million in 2010, a 12% drop from the year before that pulled prices down with it, according to data provider CoreLogic (CLGX: 20.60 -0.15%). In November, the latest month of data available from CoreLogic, home prices dropped 5.1% for the fourth straight month of decline. Decreases in home prices have …
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Active MLS listing inventory (this report is single family homes only) in the Ketchum, Sun Valley areas has dropped from the peak in August 2010 of 176 listings to 120 listings in January 2011. New listings entered into the MLS has also dropped from a peak of 38 in June 2010 to 3 in January …
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Windermere Real Estate, Sun Valley – Hailey, Idaho @ George Martin, Jr. Associate Broker
