September 14, 2009
By Lawrence Yun, Chief Economist
September has come again, and most folks are back from vacation. Kids are back in school. Traffic (in most locales) has returned to its usual nightmarish levels. Many of us are asking ourselves “where did the summer go?”
Well, summer is not the only thing that has ended. The world-wide […]

Passing through the Fort Myers, Fla., airport a few weeks ago, I noticed people eagerly signing up for a free bus tour of foreclosed real estate—with all properties offering water views. During the ride to my hotel, the young driver volunteered that he had just bought his first house, paying $65,000 for a foreclosed property […]

As a well-polished realtor, you’d never suspect that Donna used to be a cowgirl. Along with her five sisters and one brother, she worked a cattle ranch in southern Idaho. I don’t know how many acres the ranch is. A while back, I learned that asking such things is a bit impolite and somewhat like […]

EAGLE COUNTY, Colorado — The county has mostly escaped the foreclosure crisis that has affected much of the rest of the country, real estate and financial experts said.
The number of foreclosures in the county are about on track with last year, said Eagle County Public Trustee Karla Herridge.
There have been 112 foreclosures filed in Eagle […]

This just might be the turn in the numbers we’ve been waiting for: Resales of existing houses jumped by 3.1 percent in last month to the highest level in nearly half a year.
 On top of that — and to the near total surprise of Wall Street analysts — new home sales also rose 2.4 percent, […]