The 2nd Quarter Prudential Douglas Elliman Long Island/Queens Market Overview shows the housing market in stable condition with slight increases in the price indicators, a modest decline in the number of sales and a slow down in the rise of inventory.
“The Queens and Long Island market is showing stability this quarter,” said Dottie Herman, President [...]

A down housing market calls on real estate agents to change their tactics, according to Dr. Chris Pullig, Director of the Keller Center for Residential Real Estate Sales & Marketing at Baylor University’s Hankamer School of Business. His recent study of lead conversion rates revealed that varying market conditions call for different approaches [...]

As the real estate crisis expands and deflates more housing markets across the nation, the Housing Predictor Worst 25 Market Forecasts are seeing growing deflation. The worst 25 market forecasts are issued at the beginning of each year, and have just been updated.
The ailing national economy, to an enormous extent was caused by the housing [...]

In this soft market, there are still some developers forging ahead and creating new ownership opportunities as others have decided to close up shop and wait for calmer waters. Tennessee Land & Lakes is taking a pro-active approach, announcing the Grand Opening of Grande Harbour, a new community within Grande Vista Bay, on the shores [...]

The director of the Montana Department of Revenue said wise mortgage decisions and a relatively strong economy have largely kept the state’s housing market above national turmoil.
Dan Bucks said the agency is intensely focused on the issue as it prepares for a statewide reappraisal of property taxes.
Lawmakers are worried that the agency will not adequately [...]

Bank of America CEO Ken Lewis on Wednesday defended the company’s recent acquisition of Countrywide Financial and expressed optimism the housing market would recover from its stubborn slump.
Lewis, speaking at a Los Angeles Town Hall meeting titled “Mending the Mortgage Market,” maintained Countrywide’s franchise and big customer base positioned BofA strongly when the housing market [...]

In a sign that the U.S. housing market may weaken further, an index of sales contracts to buy previously owned U.S. homes declined 4.7% in May from the prior month, the National Association of Realtors reported Tuesday. The index, which is considered a leading indicator of existing home sales, was down 14% from the May [...]

As Las Vegas sees its hotel and casino businesses sputter and office, apartment and retail real estate markets flag, the rest of the country is hoping what happens in Vegas stays in Vegas.
Despite its crushing housing market, one of the worst in the nation, Las Vegas’ economy has been held up on the shoulders of [...]

With rising energy prices, falling nonfarm payrolls, a plunge in consumer confidence, and a host of other negative indicators, economists have plenty to worry about. Their biggest concern, however, continues to be the housing market. Yet there is finally a little hope that the worst may be over.
According to the S&P/Case-Shiller indices, housing prices are [...]

Presidential candidates John McCain and Barack Obama envision the Federal Housing Administration backing new, cheaper mortgages for distressed homeowners who otherwise would have difficulty refinancing into more secure government-insured loans with lower monthly payments. For the plans to work, lenders would have to be willing to take a substantial loss by reducing the amount owed [...]