Real Estate Blog

The first quarter national report is finally out (in September) for existing condominium and cooperative sales from the National Association of Realtors and it seems condos have actually been quite resilient in an era of dropping prices and failing inventories. The NAR reports stable prices overall across the U.S., dropping an average of only 2.8 percent for the first quarter 2008, compared to the same time a year ago.

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Condo Trends: Nationally, Prices Hold 1Q Despite Housing Downturn

Job growth is on the rise in West Virginia — state wide — according to the Herald-Dispatch in Huntington. The unemployment rate dropped to 4.2 percent in July, more than a full percentage point, as the jobless rate dropped in all 55 states across the county. The unemployment rate for the city was at 3.3 percent in July.

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Hot Market: Prices Up in West Virginia Valley

When you’re in a long, slow recovery period in real estate, even the slightest hint of good news can be significant.

Here is the original post:
Real Estate Outlook: Prices Up In Certain Markets

I’m a little tired of hearing how real estate agents can’t afford to work with buyers anymore — UNLESS that buyer has signed a buyer agency agreement AND has an iron-clad loan commitment in hand — because of the high cost of gas. What a crock.

More here:
Gas Prices Too High To “Waste” My Time with Buyers?

Gasoline is putting the brakes on the choices you thought you had about where to live.

Continued here:
Gas Prices Fuel Urban Desire

Seattle’s resilient housing market has managed to weather the housing crisis like few other cities in the nation.

More here:
Wild, Wild West: Drizzle Forecast For Seattle Home Prices

Cedar Rapids, Iowa has been one of those housing markets that doesn t get a lot of attention because it s so stable. But in a world of tumbling home prices, foreclosures and short sales, stability is the name of the game.

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Hot Market: Cedar Rapids Prices Grow and Grow