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Has The Proverbial Boom Gone Bust?

February 23rd, 2008 · Permalink

The St Charles Journal reports from Missouri. “With the full results for 2007 in, St. Charles County evaded some of the more dramatic drops seen in other parts of the country in new home sales. ‘What those numbers are indicating is a logical slowdown in permits in the last two years as we are closing […]

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Tags: Missouri

A Market Driven By Price

February 22nd, 2008 · Permalink

It’s Friday desk clearing time for this blogger. “While Harvard has not escaped price adjustments on its real estate values, the foreclosure rate continues to remain relatively low in comparison to its neighboring communities in northern Worcester County, according to local real estate brokers. ‘The houses that have gone under agreement have had fairly dramatic […]

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Tags: economy · gloom & doom · national

The $100,000 Profit Is Gone

February 20th, 2008 · Permalink

The Pocono Record reports from Pennsylvania. “Real estate appraiser Joseph C. Fisher and Realtor Eileen Chaladoff agree the Monroe County housing market didn’t perform as well in 2007 as in 2006. Total county home sales last year — 2,876 — were down 38 percent from the 3,972 sales the previous year, according to a statistical […]

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Tags: Pennsylvania · economy · gloom & doom

Buyers Aren’t Going To Pay Last Year’s Price

February 17th, 2008 · Permalink

It’s Friday desk clearing time for this blogger. “The wealth-sapping downturn in home prices continued during the fourth quarter of 2007, the Florida Association of Realtors said Thursday. And county clerks in Palm Beach and St. Lucie counties report foreclosure filings tripled from January 2006 to January 2007. In one recent short sale, agent Bob […]

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Tags: Florida · economy · gloom & doom · national