RECENT BLOG POSTS
Several big things here. New inventory is coming on faster than it's clearing, with 520 new listings and 318 contract and contingent offers accepted. Average list price is down 5.37%, which is less than I anticipated, but volume is still way off, even from last year, with dollar volume down over ...
While no one can predict the absolute bottom of the real estate market, there are signs that we are in the "safe zone," where prices have fallen sufficiently from their peak to make now a great time to buy. Look at housing affordability, for example. For February, the index stood at 154, the hig...
Yesterday I was driving home from a showing, listening to NPR. Marketplace, my favorite NPR show, was on (always a good thing). They were interviewing an economist who had an interesting (albeit very controversial) idea for how to use some of this government money to help stimulate the economy. H...
Hey, I'm working on a news and opinion site of my own, www.TomYeatts.com. Swing by, check it out, and let me know what you think. Thanks!