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Tag Archive
Housing recovery: Smooth sailing or rocky road?
National and local commentators seem to be filled with welcome optimism regarding the recovery of the economy and its impact on housing markets. »
Market offers ‘tremendous opportunities’ for REALTORS®
REALTORS® don’t have to be victims to the current market, according to Steve Harney, a residential real estate expert who specializes in sales and leadership training. »
Real estate 2010: We’re not in Kansas anymore
With recent changes in the real estate market, you too may be feeling a bit like Dorothy and Toto in the Land of Oz. PAR's Consulting Economist Dr. Austin Jaffe put together a list of just how much the landscape has changed in the last few years. Follow the yellow brick road. »
Negative equity critical threat to health of real estate market
A recent CoreLogic study reported that as of September 2009, nearly 11 million borrowers were “underwater” on their mortgages. As I’m writing this blog, there are even more borrowers swimming and trying to stay afloat. »
Real estate, Asian style
Last month I had the privilege of visiting three of the most exciting real estate markets in the world. Three of the four “Little Tigers” (Taiwan being the fourth), South Korea, Hong Kong and Singapore provide an enormous feast for Western eyes. Though capitalism has been in vogue for a generation in these countries,... »
Ten rules to live by
At the recent PAR Business Meetings, I was honored to be invited to make a presentation. I offered several observations for the changed real estate market.These rules are really judgments or conclusions about the altered housing market environment. »
Despite the doom and gloom: The real estate market will remain healthy
The housing market is showing signs of recovery but Pennsylvanians may not find homes appreciating as they had been during the boon of the real estate industry. »
The world according to Shiller: Hedging on real estate
Bob Shiller is on a roll. He predicted the bursting of the dot.com bubble and in 2003, long before it was common knowledge, warned of the impending housing collapse. Katie Benner of Fortune Magazine recently wrote about Professor Shiller, reminding readers that Bob Shiller “didn’t kill the housing market, he just predicted its demise.” »
A turn in the road?
In Pennsylvania, we have had significantly less volatility in our housing markets so we should expect to see a smaller “boom and bust” cycle. This translates into lower sales activity declines, less price depreciation, fewer foreclosures and fewer empty houses adding to the inventory of homes on the market. »
Surviving your first down market: Change your business model
It may be a down market but it doesn’t have to get the best of you. »
