Keyword: recession

Home Prices Are Recovering from Recession, Not Out of Woods Yet

Home Prices Are Recovering from Recession, Not Out of Woods Yet

S&P Case-Shiller Home Price Index Despite today’s S&P Case-Shiller home price index report showed home prices at 9% lower than last year, the third quarter upturn of 3.1% is catching the attention of analysts nationally as we experience the second quarter in a row with rising prices. This change is of importance because prices had been declining and at one ...

Lani Rosales | 2009/11/25  | 5 Comments Economy

Cooper Blasts Traditional Media, Opens up Discussion on Recession

Cooper Blasts Traditional Media, Opens up Discussion on Recession

Video on Media and Recession I just watched the above video by Greg Cooper about how to remain stable in the world of real estate and I find especially interesting his position on traditional media coverage of the recession (and recovery). After watching the video, what are your thoughts? Is traditional media trying to steer recovery by painting a rosy ...

Lani Rosales | 2009/09/23  | 11 Comments Politics

Harbingers of Spring? Is the Market Changing?

Harbingers of Spring? Is the Market Changing?

Real Estate salespeople are usually optimists. They want to believe that things are getting better, and with the low mortgage rates, buyer demand, and arrival of the normal spring market time, there was some indication that the market is getting better. But I don’t know if it really is. There’s an old joke about the boss who came into his ...

Bill Lublin | 2009/08/26  | 14 Comments Real Estate

I get by with a Little Help…

I get by with a Little Help…

Its  Been a Tough Year 2008 has been arough year for all of us, not just in the real estate business. The economy was experiencing a recession that wouldn’t be recognized until the end of the year, we had contentious primaries, and a tough election, the war in Iraq dragged on, and every time you turned on the news the ...

Bill Lublin | 2008/12/24  | 10 Comments Holiday

Zillow Lays off 25% of Workforce

Zillow Lays off 25% of Workforce

It’s true, I’ve just been informed and have confirmed that Zillow has laid off 25% of its staff. This comes on the heels of a rough week already including Redfin, and various other tech startups. Rich Barton says this is preventative: The unprecedented economic events that are playing out on a global stage began in our own industry and have ...

Benn Rosales | 2008/10/17  | 7 Comments News

Wallstreet, Rates, Recession- The Prophecy is Nearly Complete

Wallstreet, Rates, Recession- The Prophecy is Nearly Complete

I’d have written something sooner on this, but at 8:30 am, I was already on the phone with buyers. My response has been, we’re not locking in anything until we must, and even then, we may wait. After an insanely busy homebuyer’s market beginning 1st quarter ’08, I say to the markets, the Fed, Wall Street, The President & Congress ...

Benn Rosales | 2008/01/22  | 1 Comment Economy