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Abodeblog is a house weblog dedicated to everything related to housing, real
estate, and new housing products. We find the most important housing news
from the web each day and summarize them for you. We also provide a forum
where you can comment on th
Recent Posts Tagged With 'housing market'
Home prices still falling
The median single-family house price in the United States decreased 2% to $220,800 but Condo prices increased 2% to $226,900 for the three months ended September 30, according to the National Association of Realtors (NAR). (Go To Article: cnn.com)...
Most home prices still up
Prices are down in 2007 but doubled between 2001 and 2006 in many markets so most homeowners are still up. (Go To Article: mercurynews.com)...
What caused the high foreclosure rate in Cleveland?
Cleveland had 4 of the top 21 ZIP codes for foreclosure filings in the United States, according to RealtyTrac. One reason for the high rate of foreclosures is the economy because Cleveland lost 3 times as many jobs as the national average, many from ...
San Francisco housing market
In San Francisco, sales are down 17% from last year but because of the lack of inventory the demand is greater than supply. In addition, most houses in San Francisco are pre-existing and sellers are reluctant to lower prices on pre-existing houses li...
Most affordable college football towns
School Town Price Ball State Muncie, IN $150,000 TCU Fort Worth, TX $151,250 Tulsa Tulsa, OK $153,750 Oklahoma State Stillwater, OK $162,000 Texas Tech Lubbock, TX $163,250 Toledo Toledo, OH $163,278 Louisiana-Monroe Monroe, ...
U.S. home prices fall
The index of 10 U.S. cities fell 5% in August from last year, according to the S&P/Case-Shiller index. (Go To Article: cnn.com) ...
2 million vacant homes for sale and counting
The number of vacant homes for sale increased 7% in the second quarter to from last year to 2.07 million, according to the Census Bureau. (Go To Article: cnn.com)...
Home builders think housing will be slow in 2009
Economists who spoke at the National Association of Home Builders forecast conference said housing will be weak at least until 2009. (Go To Article: cnn.com)...
September home sales fall 8%
Existing home sales fell 8% in September from August, according to the National Association of Realtors. In addition, the medium price of existing homes fell 4.2% in September from last year to $211,700. (Go To Article: cnn.com)...
Housing slowdown may be getting worse
The Commerce Department said construction of new homes fell 10.2% and it was expected to fall 4.2%. The 10.2% drop may indicate the housing slowdown will get worse according to some analyst. (Go To Article: mercurynews.com)...
Northern California September home sales fall to 20 year low
The number of homes sold fell 40.1% to 5,014 from last year in nine San Francisco Bay area counties, a 20 year low, according to DataQuick Information Systems. (Go To Article: mercurynews.com)...
California Realtors expect housing to be slower in 2008
In California housing prices are expected to decrease 4% and sales decrease 9%, according to Leslie Appleton-Young, chief economist for the California Association of Realtors. (Go To Article: mercurynews.com)...
Builders cut prices
D.R. Horton is using an auction to sell 53 homes in San Diego. A 1 bedroom starts at $149,000, down from $309,990. (Go To Article: RealEstateJournal.com via yahoo.com)...
Manhattan housing boom
Manhattan apartments sold for a median price of $815,000 and $895,000 in the three months ending September 30. (Go To Article: cnn.com)...
Builder Hovnanian offers 20% or 6-figure discounts
Hovnanian Enterprises Inc., is reducing prices by 20% on some properties. One example is a 3-bedroom condominium by the Hudson River in West New York, which was reduced 22% to $862,000 for a savings of $240,000. (Go To Article: cnn.com)...
Fastest growing housing markets
County State % Increase Pinal AZ 16.6 Sumter FL 13.6 Kendall IL 9.7 Lee FL 9.1 Flagler FL 9.0 Culpeper VA 9.0 Pearl River MS 9.0 Rockwall TX 8.6 Dallas IA 8.4 Forsyth GA 7.8 (Go To Article: cnn.com)...
Builder Hovnanian offers 20% discounts
Hovnanian Enterprises Inc., dropped prices more than 20% and 6 figures on some new homes. (Go To Article: cnn.com)...
July pending home sales index falls 12.2%
The National Association of Realtors’ pending home sales index, fell a record 12.2% to 89.9 in July. The July 2007, 89.9 reading is the second lowest on record since the 89.8 reading in September 2001. (Go To Article: cnn.com)...
Bay Area home buyers not buying it
Many home buyers in the Silicon Valley bay area are postponing buying because they think prices are still too high. (Go To Article: mercurynews.com)...
Home price index falls
The S&P/Case-Shiller Home Price Index fell 3.2% in the second quarter, compared with a year ago. (Go To Article: cnn.com) ...
The richest and poorest places in the U.S.
Maryland is richest and Mississippi and West Virginia are the poorest as a measure of median household income, according to the Census Bureau (Go To Article: cnn.com) ...
Housing inventory up, discounts up
16 out of 18 metro-area markets have higher housing inventory, according to ZipRealty. Seattle inventory is up 56% in the last year. In Sacramento, 48 percent of sellers reduced the price from their original listing. (Go To Article: cnn.com) ...
NAR forecast home sales lower but price drop less than expected
U.S. home sales will decline more than expected previously but national median sales price will decline 1.2% to $219,300 instead of the 1.4% previous estimate, according to the National Association of Realtors (NAR) new forecast. (Go To Article: cnn....
Pending home sales up
The pending home sales index increased 5% to 102.4 in June, according to the National Association of Realtors. (Go To Article: cnn.com) ...
Will the housing slowdown spread to the economy?
Foreclosures are increasing, home prices decreasing, and forecast for a recovery are getting extended. The subprime problem has spread to the financial markets, making credit tighter which might slow consumer spending; however, most economist donR...
Top 100 best cities to live
Middleton Hanover Louisville Lake Mary Claremont Papillion Milton Chaska Nether Providence (Wallingford) Suwanee Sammamish West Goshen Montville Apex Horsham La Palma Olney Sherwood Corrales Lisle Chelmsford Holly Springs Hillsborough Nanuet Baldwin...
Rapid growth outstrips water supply
Rapid growth in Effingham County in Georgia has outstripped the water supply causing water bills to increase as new sources of water are obtained. Residential real estate in Effingham starts at $130,000 for a new 3-bed, 2-bath 1,400 square foot house...
NAR reduced forecast for housing recovery
The National Association of Realtors (NAR) reduced their forecast for a housing recovery. Now they think the in the first quarter of 2008 existing home prices will be flat. They also think the median existing home price for 2007 will be down 1.4 %. (...
D.R. Horton expects loss
D.R. Horton said it will have its first quarterly loss since it was listed on the New York Stock Exchange in 1995 due to declining home values. The biggest decline was in California with orders falling 61.9% to $307.1 million. (Go To Article: cnn.com...
Short-sale interest can predict slow housing markets
Short-sale interest can detect future slow housing markets that are not detected using normal statistics until months later. Duane LeGate, president of House Buyer Network, buys houses from homeowners that need to sell fast and he says he can predict...
