Coldwell Banker Premier Realty

Looking at October Single Family Metrics

home prices move sideways again
Posted by John McClelland on November 11, 2016 in  home prices  single family homes

With a relatively balanced supply-demand picture, single family home prices traded sideways once again. For most of 2016, prices moved little with just two months accounting for most of the year's increase. Underlying fundamentals continue to improve so we are very comfortable with prices at these levels.

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Ivy Zelman on the Housing Market

Discussion of entry-level, luxury and multifamily markets
Posted by John McClelland on October 26, 2016 in  Housing Research  Millenial  Zelman

Famed housing analyst and principal of Zelman Research, discusses the U.S housing market. If you are interested in the housing market, this is worth watching.

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Pamela Anderson and Rick Salomon officially parted ways last April. Now, a year later, the Frank Lloyd Wright-inspired dream home they spent more than two years searching for is for sale. The home, located in Summerlin inside the swanky Tournament Hills subdivision that’s anchored by a mammoth $32-million estate, officially hit the market last week with an asking price of $5.2 million.   It is a custom 11,000-square-foot single-story with four bedrooms, seven bathrooms, and a four-car garage sitti... read more
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It's time to let go and save some money!

Are you paying Mortgage Insurance? If so, read this.
Posted by Trisha Ferris on October 19, 2016 in  mortgages

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September Single Family Update

Prices Flat, Sales Decline, Many Homes Still Sell Quickly
Posted by John McClelland on October 11, 2016 in  Single Family

  • We are starting to see seasonal declines in sales rates
  • Prices continue to be flat
  • Inventory remains relatively low
  • Marketing times are starting to move off of very low boundaries

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