Coldwell Banker Premier Realty

Home Price Indices

Late spring figures arriving, new housing futures contract
Posted by John McClelland on June 27, 2011 in  home price indices  housing futures contract
The Case-Shiller home price index continues to post declines, yet many of these observations are lagged. The current index release is for March with the April release scheduled for Monday. The March figure was off 1.1% from February, whcih is a sizeable slide. However, the late spring and early summer months are generally hotter selling seasons and this has yet to be reflected in the Case-Shiller numbers. FNC, Inc has an alternative index based on a hedonic methodology that I really like. The formation of prices... read more
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Rental Market

John Burns says top rental markets about to
Posted by John McClelland on June 16, 2011 in  rental housing
It is well known that economic conditions have greatly changed the rate of household formation. Young adults are cohabitating with parents, friends or relatives at an uncommon level. For this reason, John Burns, a recognized researcher who studies housing, believes that the rental market is about to "explode." In the shadows of the housing crisis there are many individuals who are seeking a home of their own. This is likely to drive rental demand when job growth is sufficient to add fuel to this. ... read more
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Broker Preview Event

The Gables Community in Las Vegas
Posted by John McClelland on June 14, 2011 in  Gables Las Vegas
 This Thursday the 16th there will be a Broker Pre-View Event at the Gables Community in Las Vegas. These homes feature: New Homes Move-in Ready Quick Close 3% Commmission Not REO or Short Sale Small Gated Community The event will be held at the community at 2920 Gables Vale Court from 4:00 to 6:00 pm. RSVP to GablesLV@cbvegas.com. For more info visit www.Gableslv.com or call 702-259-2000. This is a great community in a very convenient location. ... read more
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