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12/16/09 Blue Ribbon’s Weekly Market Update:

19 hours ago ago from CO Durango Resort, MLS, Real Estate and Property Listing

With the holidays here and full on winter just outside our front door, we don't expect too much activity over the next couple of weeks but people are still looking and calling with questions. After the new year we do expect much higher numbers in buyers and sales.  The crowd of ski vacationers and family visits are usually at their highest in Jan and Feb and with all the snow we have been getting lately, the skiing should be pretty fun! ...

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Silicon Valley Real Estate Housing Sales for Cities of Los Altos, Menlo Park, Palo Alto & Mountain View ~ October 2009 ~ Stats & Graphs

8 hours ago ago from SiliconValleyBroker.com

The November 2009 Completed Sales Report for Menlo Park Single-Family Homes saw a closing of 27 sales receiving 96.29% of list price . These closings represented a median price of $1,235,000 and an average price of $1,330,173. There were 26 new listings reported reported for November . Total Sales: $35,914,690 The November 2009 Completed Sales Report for Los Altos Single-Family Homes saw a closing of 27 sales receiving 96.53% of ...

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Why “Affordability” Doesn’t Dictate Home Prices

23 hours ago ago from Altos Research: How's The Market?

Ever wondered how in an entire state like California can housing prices stay so seemingly unaffordable seemingly forever? Even after two years of bubble correction, homes in most of the state (and other markets like New York) remain as out of reach for the average family as they ever were. If the average home is priced out of reach of the average person, that's gotta be a bad sign, right? Surely the average family in the San Francisco ...

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CALGARY METRO HOME PRICES EDGE UPWARDS

7 hours ago ago from Calgary Real Estate Blogs:

Calgary metro home prices made the first year-over-year increase on a monthly basis since February 2008 according to figures released by the Calgary Real Estate Board (CREB®). Prices received an added boost from the sale of a $10.3 million home earlier this month. Calgary's housing prices are edging upwards as consumer confidence improves and demand continues to grow, says Bonnie Wegerich, President of the Calgary Real Estate Board. The ...

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Resiliant Canadian Home Prices–Alternative Theory

9 hours ago ago from All About Cities

Unlike the housing market crash in the USA, in Canada the average home price is reaching record highs, or is already there depending upon how you measure it and adjust for inflation. Market watchers are starting to cry They are predicting a burst, or at least a noticeable slow down soon.  ( Good article in the Globe and Mail on who is saying what, and why.)  They may be right or not. However, here I offer the theory that maybe the steady ...

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