Federal Reserve says housing market is improving

Friday, July 31st, 2009

While residential real estate remains weak overall, many local markets are showing signs of improvement, according to the Federal Reserve’s Commentary on Current Economic Conditions, also known as the Beige Book. Sales volume is up, especially in the Fed’s Minneapolis and San Francisco districts, and with the exception of the St. Louis district, sales declines […]

Healthiest Housing Markets in the Country

Thursday, July 30th, 2009

With most economists and builders expecting a national market decline this year, this may not seem like the best time to be selecting the “healthiest” markets in the country. Virtually every market was down last year. But a close look at the numbers reveals that some markets have way outperformed others during the last four […]

Which cities will and won’t recover fastest — Austin at the top, AGAIN!

Wednesday, July 22nd, 2009

WASHINGTON – The three most important things in real estate: location, location, location. It’s true for recovery from a real estate bubble too. Overall, many economists expect the national economy to return to growth later in 2009, perhaps as soon as this summer. But that won’t be the case everywhere. While some cities are poised […]