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What A Way To End The Year 2010: Nationally, U.S. Home Prices Weaken Further

The Case-Shiller Index showed declining home price numbers nationally as the year comes to a close. According to the article:

“Data through October 2010, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, show a deceleration in the annual growth rates in 18 of [...]

December 31st, 2010 | Tags: , , , | Category: Ocean City MD Real Estate, Real Estate - National News, Uncategorized | Leave a comment

House Prices Are Still 10% Too High, Says Barry Ritholtz

Well, while Barry may be overly optimistic with a forecast of current prices being only 10 percent overpriced, I do think he is dead-on right about something very big that is profoundly affecting the stalemate in the current real estate marketplace: Homes Are Being Priced Too High By Sellers With Unreasonable “Bubble-Era” Expectations.

From Yahoo Finance:

September 4th, 2010 | Tags: , | Category: Ocean City MD Real Estate, Real Estate - National News, Uncategorized | Leave a comment

“Widespread Fear Freezes Housing Market,” and New York Times Asks “You Have To Wonder Sometimes What They’re Smoking Over There At The National Association of Realtors”

Rarely do you see a mainstream “establishment” media source speak so frankly, but the New York Times did just that yesterday with an excellent article worth reading.  Well written, and most importantly, very honest reporting about the reality of where we are:

“You have to wonder sometimes what they’re smoking over there at the [...]

August 28th, 2010 | Tags: , , , | Category: Ocean City MD Real Estate, Real Estate - National News, Uncategorized | Leave a comment

What A Court House Steps Foreclosure Sale Looks Like

If you have never attended a bank foreclosure public sale on the Courthouse steps, the folks at ForeclosureRadar.com have put together a Guide video that is worth a quick watch. A big caveat though: This is a California guide. Things are a bit different in Maryland.

Either way, it will become clear to the viewer how [...]

May 17th, 2010 | Tags: , | Category: Ocean City MD Real Estate, Uncategorized | Leave a comment