Keyword: home values

The economic impact of billboards on neighborhoods and home values

The economic impact of billboards on neighborhoods and home values

Study claims billboards hurt property values A study by urban planner Jonathan Snyder, commissioned by Scenic America asserts a correlation between billboards and property values, concluding that billboards negatively impact the values of neighboring properties and that cities with strict billboard controls are experiencing greater economic prosperity than those with relaxed rules for billboards. Snyder’s primary focus was Philadelphia, although ...

Tara Steele | 2011/12/13  | 29 Comments News

Home prices drop nearly 30 percent since the housing market peak

Home prices drop nearly 30 percent since the housing market peak

Home prices dropping According to Lender Processing Services Inc. (LPS) August home price index (HPI), residential sales ending in August 2011 dropped nearly four percent from August 2010 and 0.4 percent from January 2011. The LPS HPI tracks 13,500 zip codes and determined that home prices in August continued to decline after the housing market peaked in June 2006 – ...

Tara Steele | 2011/11/14  | 20 Comments News

Zillow reports slight uptick in home values, predicts the bottom is not near

Zillow reports slight uptick in home values, predicts the bottom is not near

Monthly appreciation of home values According to the Zillow Real Estate Market Report just released, in August of 2011, the home value index rose 0.1 percent from July, while dropping 4.5 percent from August of 2010 and a dramatic 28.3 percent plummet from the housing market’s peak in June of 2006. Of the 157 markets studied by Zillow, 43 percent ...

Tara Steele | 2011/10/10  | 22 Comments News

Home values near Great Depression era levels

Home values near Great Depression era levels

According to the Zillow Home Value Index (HVI), we have just completed our 17th consecutive quarter in declining home prices as values declined 1.2% from the previous quarter and 4.3% since Q3 2009. Although not a steep decline, it is consistent with other economic indicators pointing to a continued gradual decline as 77% of markets covered by Zillow experienced value ...

Tara Steele | 2010/11/11  | 21 Comments News

Sliding Home Values? You’ve Seen This Movie Before

Sliding Home Values?  You’ve Seen This Movie Before

Home Values Have Been Up and Down Since Forever This video seems so timely when homeowners are watching values go south, the comforting thing is, our great grandparents, and grandparents have not only seen this movie, but lived it, and yes, profited from it.

Benn Rosales | 2008/10/14  | 8 Comments Economy