[UPDATE, 5/31: Case-Shiller: National Home Prices Hit New Low in 2011 Q1] About three weeks ago, I wrote a post asking How far will home prices fall? Today the NYT is reporting Housing Index Is Expected to Show a New…
Tag: Home Prices
A wonky look at Savannah metro area housing market in April
I’ve been writing a lot less about the housing market in my City Talk columns since Adam Van Brimmer made the jump from sports writing to business writing. It’s been sort of a relief not to feel obligated to wade…
How far will home prices fall?
I wrote a post already this week about home price declines that can be read here. Today it’s CoreLogic’s turn to report on the precipitous declines in home prices nationally. All the major indices are showing significant declines, and the…
Home price declines accelerating
No surprises here for those who have followed my writings over the last few years about the housing market. Today, Zillow released data about home prices in the first quarter and in March. They estimate that 55% of Atlanta metro…
CoreLogic shows home price declines driven by distressed properties, a hint of stabilization for non-distressed sales
Just a quick post to update my ongoing posts about home prices. They’re still falling, at least as of February, pretty dramatically. CoreLogic Home Price Index data essentially mirrors Case-Shiller: According to the CoreLogic HPI, national home prices, including distressed…
More thoughts on population loss in older neighborhoods, the clustering of services, and supporting existing neighborhoods
In my City Talk column last Sunday, “How public policy can fight population loss in Savannah”, I continued my ongoing discussion about some of the demographic issues evident in the 2010 census data, especially the population loss in many of…
CoreLogic updates negative equity stats for Q4 2010
For those who follow such things, CoreLogic (whose home price index housing market observers follow) has released its report on negative equity by state for the fourth quarter of 2010. The data is discussed a bit here on Calculated Risk,…
National home prices down 3.9% in 4th quarter of 2010, according to Case-Shiller
Regular readers know that I’ve been writing for a long time about house prices — and I’ve been writing for well over a year about the inevitability of continued price declines. As I discussed at length here, the homebuyer tax…
Savannah housing market update: new listings down from a year ago, but inventory still too high
For a great roundup of the Savannah metro area real estate sales data from January, check out Adam Van Brimmer’s “Local housing market trudges along” in today’s Savannah Morning News. Since Adam moved from sports writing to business writing, which…
54% of Atlanta mortgages underwater, according to Zillow
Maybe it’s just a measure of tough times for the traditional daily newspaper, but I’ve lately been getting more quality economic information from the Atlanta Business Chronicle than from the Atlanta Journal-Constitution. According to “54% of Atlanta mortgages under water”…
Homebuyer tax credits: A post mortem
Almost exactly three years ago, in one of my City Talk columns in the Savannah Morning News, I predicted that Savannah area home prices were probably about 30% too high. Some readers who had been closely following my researched columns…
What will the Savannah economy look like in 2011?
In my City Talk column for Jan. 2 in the Savannah Morning News, I envision two scenarios for 2011. One scenario is for “slow but steady growth,” with the local economy buoyed by public infrastructure projects, ongoing strength of major…