PMI U.S. Market Risk Index 2nd Quarter 2009

January 25, 2010
Author Image
Lois

PMI, a federal gov’t agency that tracks real estate markets, has published the quarterly risk ratings of U.S. cities. Boulder is cited as having a low risk of declining prices. On the other end of the spectrum are such markets such as cities in Florida and Nevada and California, showing More...

Why the pending sales drop in November 2009?

January 13, 2010
Author Image
Grace

A lot was made out of the 16 percent dip in pending home sales from October 2009 to November 2009, which is usually considered a large decline. Though when looking further into it, it’s not necessarily a reflection on the housing market. Experts are saying it was due almost entirely to More...