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Sunday, November 23, 2008 7:59 AM

Despite rumors to the contrary

... buyers are buying and sellers are selling in the Charleston real estate market. Mortgages are available, rates are low and loans are closing. Despite rumors to the contrary, banks are still loaning money to buyers and rates are once again below 6%
Posted by Howard Arnoff | 2 Comments
Thursday, November 01, 2007 9:37 AM

National real estate prices, up down and stable

I've indicated that the Charleston South Carolina real estate market prices have been very stable for the past year despite declining unit sales and high inventory levels. The media has been nothing short of ferocious with negative headlines which
Posted by Howard Arnoff | 0 Comments
Wednesday, June 06, 2007 2:37 PM

NAR revises forecast for slightly larger price declines for housing

The National Association of Realtors (NAR) now forecasts a slightly larger price decline for both existing and new homes. The revised forecast for the National real estate market: median existing-home price will drop 1.3 percent median new-home price
Posted by Howard Arnoff | 0 Comments
Saturday, May 26, 2007 5:01 AM

April housing statistics, up, down, what's going on?

New home sales, sales up, prices down. Existing home sales, sales down, inventory up, prices ? So what is really going on with housing. New home sale rose sharply last month but the data is questionable because it is self reported by the builders and
Posted by Howard Arnoff | 0 Comments
Tuesday, April 24, 2007 9:51 AM

S&P Shiller-Case and March existing home sales

No surprises in the latest numbers to come out of S&P Case-Shiller or data from the National Association of Realtors (NAR) on existing home sales. While Nationally syndicated writer, Lew Sichelman advised the real estate reading public to not pay
Posted by Howard Arnoff | 0 Comments
Tuesday, March 27, 2007 8:30 AM

Case-Shiller index

The 10 city Case-Shiller index of housing prices was released and real estate prices have declined in January on a year over year basis. The headline is far more alarming than the actual news but we've discussed media coverage of this issue before.
Posted by Howard Arnoff | 0 Comments