Realtor.org - "First Quarter State Existing-Home Sales Ease" (5-15-06)
I love that David Lereah says that there has been an "improvement" in the housing inventory. What a diplomatic way to say that inventory is building.
For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 170 podcasts in our free investor radio archive.
Showing posts with label housing. Show all posts
Showing posts with label housing. Show all posts
Monday, May 15, 2006
Tuesday, May 09, 2006
NAR.org - "Housing Market Taking A Breather But Staying Strong" (5-9-06)
David Lereah:
“Coming off a prolonged period of record sales, housing is taking something of a breather this year,” he said. “Even so, interest rates remain historically low, we’ve added about 2 million jobs over the last 12 months and the economy continues to grow – that will sustain healthy levels of home sales in 2006, but they’ll stay below the peaks experienced during the last two years.”
Lereah forecasts 30-year mortgage rates will rise to 7% this summer and hold there for the rest of the year. Nationally, unemployment will decrease to 4.7%, existing home sales will decrease 6.4%, and median existing-home prices should rise 5.7% while new-home prices will only rise 2.2%.
For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 170 podcasts in our free investor radio archive.
David Lereah:
“Coming off a prolonged period of record sales, housing is taking something of a breather this year,” he said. “Even so, interest rates remain historically low, we’ve added about 2 million jobs over the last 12 months and the economy continues to grow – that will sustain healthy levels of home sales in 2006, but they’ll stay below the peaks experienced during the last two years.”
Lereah forecasts 30-year mortgage rates will rise to 7% this summer and hold there for the rest of the year. Nationally, unemployment will decrease to 4.7%, existing home sales will decrease 6.4%, and median existing-home prices should rise 5.7% while new-home prices will only rise 2.2%.
For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 170 podcasts in our free investor radio archive.
Sunday, May 07, 2006
LATIMES.com - "Taking stock of your property - on the financial market" (5-7-06)
The housing futures get a little more press. Bruce has a chapter on this subject in the California Crash course. Could housing futures protect home owners if prices in California decend?
For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 170 podcasts in our free investor radio archive.
The housing futures get a little more press. Bruce has a chapter on this subject in the California Crash course. Could housing futures protect home owners if prices in California decend?
For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 170 podcasts in our free investor radio archive.
Tuesday, May 02, 2006
OCRegister.com Real Estate Blog - "Insider Q&A: Housing bear Bruce Norris" (4-29-06)
Read Q&A between Bruce Norris and Orange County Register's Jon Lansner.
For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 170 podcasts in our free investor radio archive.
Read Q&A between Bruce Norris and Orange County Register's Jon Lansner.
For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 170 podcasts in our free investor radio archive.
Friday, April 21, 2006
CNN.com - "Housing prices put Americans on the move" (4-20-06)
"The movement of Americans from north to south is trending as strong as ever, according to the latest report on net domestic migration released today from the Census Bureau." Los Angeles is listed as one of the big losers having many angelinos leave the high priced coastal areas for the Inland Empire.
For those who live in the Inland Empire, haven't you noticed a large upswing in "For Sale" signs of late? I drove through the Wood Street area last week and could not believe the number of "Open House" and "For Sale" signs littering Magnolia Avenue corners. Think it's seasonal?
For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 170 podcasts in our free investor radio archive.
"The movement of Americans from north to south is trending as strong as ever, according to the latest report on net domestic migration released today from the Census Bureau." Los Angeles is listed as one of the big losers having many angelinos leave the high priced coastal areas for the Inland Empire.
For those who live in the Inland Empire, haven't you noticed a large upswing in "For Sale" signs of late? I drove through the Wood Street area last week and could not believe the number of "Open House" and "For Sale" signs littering Magnolia Avenue corners. Think it's seasonal?
For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 170 podcasts in our free investor radio archive.
SignOnSanDiego.com - "High housing prices a factor in Census Bureau's report" (3-16-06)
Late in 2005, Bruce was told San Diego would never lose population because it was a "lifestyle" city. Well, this article claims that for the first time in 30 years, migration out of San Diego has begun according to the U.S. Census Bureau. C.A.R. numbers from late March will tell the same story.
For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 170 podcasts in our free investor radio archive.
Late in 2005, Bruce was told San Diego would never lose population because it was a "lifestyle" city. Well, this article claims that for the first time in 30 years, migration out of San Diego has begun according to the U.S. Census Bureau. C.A.R. numbers from late March will tell the same story.
For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 170 podcasts in our free investor radio archive.
Yahoo.com - "Housing Slowdown Ripples Through Economy" (3-6-06)
How long will the media continue to use "slowdown," "cooling off," and "leveling off" when prices have been doing so for some time? When third quarter numbers finally surface, I wonder what terms they will use.
For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 170 podcasts in our free investor radio archive.
How long will the media continue to use "slowdown," "cooling off," and "leveling off" when prices have been doing so for some time? When third quarter numbers finally surface, I wonder what terms they will use.
For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 170 podcasts in our free investor radio archive.
Wednesday, February 08, 2006
Top Builders - "Beginning of the End"
“This is the beginning of the end of the housing bonanza.” - David Hill, CEO of Kimball Hill Homes
“I'm worried.” - Larry Webb, CEO of John Laing Homes
“I'd be surprised if the market [for starts] is off by more than 10 percent next year.” - David Weekley—chairman of David Weekley Homes
Quotes taken from a Las Vegas builder convention. Builders are expecting a rise in construction costs and a softer market. Toll Brothers has cut forecast for this year. Have builders learned from the mistake of the builders in the last bust cycle?
Builder Online - "A Cautionary Tale" (12-1-2005)
“This is the beginning of the end of the housing bonanza.” - David Hill, CEO of Kimball Hill Homes
“I'm worried.” - Larry Webb, CEO of John Laing Homes
“I'd be surprised if the market [for starts] is off by more than 10 percent next year.” - David Weekley—chairman of David Weekley Homes
Quotes taken from a Las Vegas builder convention. Builders are expecting a rise in construction costs and a softer market. Toll Brothers has cut forecast for this year. Have builders learned from the mistake of the builders in the last bust cycle?
Builder Online - "A Cautionary Tale" (12-1-2005)
Subscribe to:
Posts (Atom)
Posts
