Archives for January 2011

NAR Predicts 2011 Market Upturn

Realty Times reports that NAR economist Lawrence Yun’s 2011 housing forecast looks to a market improvement in the 3rd quarter. The full article is available here.

CAR Economist: Housing Sales & Prices Up 2% in 2011

The California Association of Realtors 2011 forecast housing prices to increase 2% and sales to increase 2% in the year ahead. They say the impact of REOs moving forward will be to increase unsold inventory from 6.5 months to 8 months which they say is “well below peak levels that would trigger a significant decline in prices”. Th full text of the article can be seen here.

12 El Caminito-main


JKT


JLR


Bear Ridge LR