Slowing Home Price Appreciation
No real surprise here – after a sharp bounce back off the bottom, particularly in core markets, home prices appear to be leveling off. Overall, this is probably not bad news, indicating that housing could be entering a period of stability after some volatility over the past few years. The spillover effect of this leveling on the land market could mean a stabilization in land prices, as well, which have been somewhat of a moving target so far during this recovery. \
About author
You might also like
The Case Against August’s New Home Sales Data
While the census bureau reported an 18% increase in new home sales month-over-month from July to August, not everybody is convinced of the accuracy of the data and how it
The Vanishing San Diego Single-Family Home
By Philip Molnar Many people still dream of buying a house that includes a few bedrooms, a yard to play in and a porch to watch the comings and goings
Tight Mortgage Standards Hold Back Bottom End of Housing Market
In what is one of the primary themes running through the current housing market, tight credit standards continue to constrain lower-income buyers from purchasing homes. Compounding the impact of the
