A recent article by Carrie Bay for DSNews published on March 24th, 2011 stated a survey has found that nearly half of economists see a double-dip in home prices happening before year-end. 111 economists and real estate experts were polled and none of them foresee property values recovering for at least five years. The following is an [...]
Entries Tagged as 'Decline'
DSNews: Nearly Half of Economists See Double-Dip Before Year End
April 5th, 2011 · No Comments · In the News
Tags:2011·American·Charlotte Real Estate Investment·Charlotte REO·Decline·double-dip·Economy·home price drop·home prices·Housing·Housing Crisis·News·Real Estate Industry·Real Estate Market·REO
Charlotte Home Prices Down 4.3% in November (Charlotte Biz Journal)
January 25th, 2011 · No Comments · Charlotte Real Estate Investment, In the News
The following is an article from Charlotte Business Journal published today, January 25, 2011: Home prices in the Charlotte market fell 4.3 percent in the year that ended in November, according to the Standard & Poor’s/Case-Shiller Home Price Index. But prices fell only 1.1 percent from October. The price drop for the past 12 months [...]
Tags:2010·Charlotte·Charlotte Real Estate Investment·Decline·Economy·home prices·News·Real Estate Industry·Real Estate Market
“For Sale By Owner” Not as Successful in 2010
December 20th, 2010 · No Comments · Charlotte Real Estate Investment
Homes sold without the help of a real estate professional dropped to a record low over the past year. According to the 2010 NAR Profile of Home Buyers and Sellers, unrepresented sellers made up only 11 percent of the market, down from 13 percent in 2009. Owners who sell their home without the help of [...]
Tags:2010·American·Bankrate·Charlotte·Charlotte foreclosure homes·Charlotte NC foreclosures·Charlotte Real Estate Investment·Decline·Housing·Housing Crisis·Nancy Braun·News·North Carolina·Real Estate Industry·Real Estate Market·REO·Short Sale·short sales Charlotte·Showcase Realty
Research Firm Says Housing Currently Undervalued by 14% to 17%
December 7th, 2010 · No Comments · In the News
The following is an excerpt from an article in DSNews by Carrie Bay. The sharp fall in residential property prices in the third quarter means that housing in the United States has become even more undervalued, according to the analysts at Capital Economics. Based on the latest S&P Case-Shiller index, Capital Economics has concluded that [...]
Tags:2010·American·Bankrate·Charlotte·Charlotte foreclosure homes·Charlotte NC foreclosures·Charlotte Real Estate Investment·Charlotte REO·Charlotte short sale·Decline·Economy·Foreclosures Charlotte·Foreclosures NC·Housing·Housing Crisis·Increase·Mortgage rates·News·North Carolina·Real Estate Industry·Real Estate Market·REO·Short Sale
Foreclosures Pushing Home Prices Down Even Further
November 1st, 2010 · No Comments · In the News
The following is an article from The Huffington Post by Alan Zibel: Home prices are falling further, suggesting a bottom hasn’t been reached in many metro areas. Millions of foreclosures are expected to pour onto the market in the coming years. That’s likely to force prices down and hurt even cities that had begun to [...]
Tags:2010·American·Bankrate·Charlotte·Charlotte foreclosure homes·Charlotte NC foreclosures·Charlotte Real Estate Investment·Charlotte REO·Decline·Economy·Foreclosures·Foreclosures Charlotte·Foreclosures NC·Housing·Housing Crisis·Mortgage rates·Real Estate Industry·Real Estate Market·Reason·REO·Short Sales
Charlotte Home Prices Drop, US Existing Home Sales Jump
October 26th, 2010 · No Comments · Charlotte Real Estate Investment, In the News
According to the Charlotte Business Journal, Charlotte-area home prices drop 3.4% and existing US home sales jump 10%. The following are two excerpts from articles about each of these subjects: Charlotte-area home prices drop 3.4% “Homes prices in the Charlotte market fell 3.4 percent in August from a year earlier, according to the Standard & [...]
Tags:2010·American·Bankrate·Charlotte·Charlotte NC foreclosures·Charlotte Real Estate Investment·Decline·Economy·Foreclosures·Foreclosures Charlotte·Foreclosures NC·Housing·Housing Crisis·Increase·Mortgage rates·Nancy Braun·Showcase Realty
NC Unemployment Rate Falls -Charlotte Business Journal
October 22nd, 2010 · 2 Comments · In the News
North Carolina’s unemployment rate fell for the seventh consecutive month in September to reach 9.6 percent, dipping from 9.7 percent in August. “The September labor-force data reflected a small decrease in the unemployment rate,” ESC Chairman Lynn Holmes says. “While the monthly jobs numbers indicated that government employment had the largest increase, the state experienced [...]
Tags:American·Charlotte·Decline·Economy·Moving To Charlotte·Nancy Braun·NC Employment Rates·North Carolina·Real Estate Industry·Real Estate Market·Showcase Realty·Unemployment
Questions and answers about the foreclosure freeze
October 18th, 2010 · No Comments · In the News
Erroneous documents. A freeze on foreclosures. Charges of fraud. A flurry of developments have sketched an alarming scenario: that major U.S. banks rammed through foreclosure after foreclosure without giving many borrowers a fair shot at keeping their homes. Questions have arisen about the scope of the problem, the effect on the nation’s foreclosure epidemic and [...]
Tags:American·Bankrate·Charlotte·Charlotte foreclosure homes·Charlotte Real Estate Investment·Decline·Economy·Foreclosure Freeze·Foreclosures·Foreclosures Charlotte·Nancy Braun·Real Estate Industry·Real Estate Market·Short Sale·Showcase Realty
More U.S. sellers cut home prices in June
July 13th, 2010 · No Comments · Uncategorized
Zillow.com recently published an article stating that an extremely large amount of sellers had to cut home prices in the month of June. Read the full article bellow: “(Reuters) – The percentage of U.S. home sellers who cut their asking price rose in June, with price reductions even larger than the month before, real estate [...]
30-Year Fixed-Rate Mortgages Hit New Record Low
July 9th, 2010 · No Comments · In the News
Because of current economic conditions, mortgage rates have been on the decline, however did you know that the 30-year fixed-rate mortagages have hit an all time low? Continue reading the DSNews.com article below to find out more information about this situation: “The weekly mortgage rate reports released Thursday by Freddie Mac and Bankrate were mixed. [...]
Tags:30-Year Fixed-Rate·Decline·Economy·Housing·low·Mortgages·Record
