Buyer purchasing power
By Alex Gomory • Feb 2nd, 2012 • Category: ChartsThis article describes buyer purchasing power over the last decade and demonstrates how buyers are the fulcrum between lenders and sellers.
This article describes buyer purchasing power over the last decade and demonstrates how buyers are the fulcrum between lenders and sellers.
The week ending February 3, 2012 saw a continuing rise in 91-Day Treasury Bill rate, as well as slight drops in 10-year, 30-year and 15-year rates, all of which remain at or near their historic nominal and real lows. The month of January saw a slight drop in 3-month, 6-month and 1-year London Inter-Bank Offered [...]
The month of December 2011 saw a rise in construction starts for both single-family residences (SFRs) and apartments and condos. However, only 21,420 SFR starts took place statewide in 2011, 6% below 2010. The overall trend for SFR construction remains flat, with little change from 2010 expected until 2015. 25,595 multi-family starts were initiated in [...]
Housing prices in November 2011 remained level or dropped by 1-2 index points in all three home-pricing tiers in California’s three largest cities, according to the Case-Shiller price indexes (shown below). Pricing for high-tier homes has remained mostly flat and weak throughout 2010 and 2011, after a brief “dead cat bounce” rise in mid-2009. Average [...]
This article presents information on buyer expectations and optimism, to be used as a tool for evaluating future sales volume in California real estate.
The last quarter of 2011 saw a slight rise in both stock pricing and the price-to-earnings (P/E) ratio. Stock pricing fluctuated from quarter to quarter over the course of 2011, but ended with almost no overall gain or loss. Meanwhile, the P/E ratio has shown a declining trend since its peak in mid-2009. Chart last [...]
This Market Chart presents current and historic REO resales activity in California, with forecasting and analysis by first tuesday. Thanks primarily to the Lesser Depression of California’s jobless recovery which continues to drive foreclosures, 34% of all California home resale activity in the fourth quarter of 2011 can be attributed to real estate owned property [...]
This market chart presents 2011′s successes in the world of real estate: the thirty brokers who employ the largest number of agents.
Past NODs indicate how many foreclosures are yet to come.
This article presents an analysis of the yield spread as a tool for brokers and their agents to use in forecasting future economic conditions facing the real estate market in 2011.