by Phyllis Rockower | Jun 20, 2013 | Real Estate News
After years of falling inventory and really tight markets, things are beginning to change. Redfin reports that listing grew 6.4 % between march and april and 4.2% between april and may. Last year it fell all year. They say that if things keep up like this we should be...
by Phyllis Rockower | Mar 15, 2013 | Housing News, Uncategorized
The housing market uptick is bringing population gains to cities hit hard in the last downturn. Las Vegas, Phoenix, and several Florida cities have seen large population migration. L.A. is the exception. Read the...
by Phyllis Rockower | Jan 29, 2013 | Housing News
Case Shiller, one of the largest gatherer of data for the housing market has reported that home prices were up big time from last year. Not that this is news to us unless you never read a paper. Phoenix and Las Vegas were the big winners but L.A. also rose over 7%...
by Phyllis Rockower | Dec 12, 2012 | Economic News
The housing market has finally improved and it looks like the worst is behind us. However if the Washington dummies fail to resolve the fiscal cliff, housing is in trouble. Fiscal cliff could cost the U.S. two million jobs next year and cause the unemployment rate to...
by Phyllis Rockower | Sep 19, 2012 | Economic News, Housing News
Next mess: Hedge fund are creating the first security that would be backed by home-rental payments. The bonds would work similarly to mortgage-backed securities – only the flow of investor returns wouldn’t come from monthly mortgage payments, but rather income...