Archive for the 'Market Statistics' Category
The Housing Market Explained in Cartoon.
April 1st, 2008 Categories: Market Statistics, Perspectives
In my travels on the net I came across John Burns Real Estate Consulting. The following video explains the current market very creatively and so I thought I would share it with you here. Take a moment to watch, it is very informative.
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Maryland Housing Trends Report Released | Part 2 Foreclosures
February 6th, 2008 Categories: Market Statistics
On Monday I reviewed the Maryland Housing Trends Report written by MRIS and Delta Associates.
In that post I covered the Economy as well as the Real Estate Trends and Forecast. In this post I will summarize the special section which included Foreclosures and the regional effect on the real estate market. In part three I will post about what the report has to say about the effects of BRAC in the Maryland area. Clearly the writers have identified these two subjects as ones to keep an eye on.
Foreclosures: Navigating the impact on the residential real estate market
To recap, the report starts by noting the trends for the regional market and illustrates that in some areas home prices have held steady while sales volume has decreased. The report also illustrated how days on market statistics have increased. The area is still supported by high incomes and low un-employment.
However, everywhere we turn we hear about rising foreclosures, and now, the Maryland General Assembly plans to address rising foreclosures.
So, what effect does the rising foreclosure rate have on the market?
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Maryland Housing Trends Report Released | Part 1
February 4th, 2008 Categories: Market Statistics
This morning I received the sixth issue of the Maryland Trends in Housing report written by MRIS and Delta Associates. This report provides an in-depth look at the issues that shape the Mid-Atlantic housing Market.
The Housing Trends Report includes an analysis of the following key topics:
- An analysis of the Washington and Baltimore economy
- An exploration of housing data, including Residential Real Estate
- An overview of the Commercial Real Estate market
- A special section regarding Foreclosures in the real estate market
- A special section including information about BRAC. (Base Realignment and Closure). See my BRAC Information Page.
In this post I will summarize the analysis of the economy as well as the findings on the real estate market. (Washington/Baltimore Area)
In part two of this series I will summarize the two special sections including the foreclosures and the effects of BRAC to our area. Later this week I will begin my monthly real estate market reports for individual counties and key cities.
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