Monthly Archives: April 2013

CASE SHILLER INDEX SHOWS SURGING PRICES IN URBAN AREAS

And the beat goes on……… The Case/Shiller Housing Index showed a 9.6% gain, year-over-year, in urban areas this past year. This is the highest percentage increase since 2006. The increase is larger in Northern Virginia. A few people are beginning … Continue reading

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NATIONWIDE EXISTING HOME SALES -0.7% SURPRISES MARKET

Existing home sales were expected to be up 1.0%, according to Wall Street estimates. Month-to-month sales were up 1.6%, with “spring market” ready to begin. Two dynamics continue: low inventory and higher prices. Inventory for sale is down 17% from … Continue reading

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REAL ESTATE MYTHS WHICH NEED TO BE DETONATED, SPRING 2013

Followers of the RayMax Team over the past few years realize that my blogs try to be brief, provocative, and informative. You can read hundreds of blogs, news reports, video streams, and the like giving you tried and true advise … Continue reading

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