Good morning and thanks for joining me for Friday Figures! All information from the GLVAR MLS system. It’s what you and your Realtor need to know when touring, making offers, or listing property this weekend. Summary: The number of available listings continues to slowly drop, this week to 12103. Still, inventory is down over 40% from [...]

Home prices rose for a second month in a row according to the Case-Shiller index, and Standard and Poor’s agrees. While most metropolitan areas saw modest price increases, the year over year figures are still grim. Also according to Case-Shiller, Vegas is still having trouble.  However, the Friday Figures show that our prices are at [...]

It’s time for Friday Figures! All information from the GLVAR MLS system. Here is the critical information you and your Realtor need to know when touring, making offers, or listing property this weekend. Summary: For a while it looked like total available units were going to be up, but we finished out the week at 12139, [...]

I hear stories all the time from people about how “my buddy” got a great deal on a foreclosed home. Usually, the person telling the story doesn’t really understand that what a house sold for 3  years ago has nothing to do with what that same house’s market value is today. Here’s one Realtor’s take [...]

Thank you for taking the time to read this week’s Friday Figures! All information from the GLVAR MLS system. It’s what you and your Realtor need to know when touring, making offers, or listing property this weekend. Summary: Available units are down an insignificant amount to 12260. It would not be surprising for availabilities to start [...]

Business Week has put in print what many people have already suspected: some properties are money pits! They define “money pit” as any property you have to spend 2% of the value on repairs annually. So for a property worth $150,000, that’s $3000 in repairs. Now keep in mind, sometimes big repairs have to happen, [...]

Happy Friday, it’s time for Friday Figures! All information from the GLVAR MLS system. Here is what you and your Realtor need to know when touring, making offers, or listing property this weekend. Summary: Wow! Down to 12286 available listings! The condo sector doesn’t seem to be moving as well as single family homes, but it [...]

While Calculated Risk warns us that many more listings are ready to come onto the market — and they are willing to talk about where those listings are coming from — CNN is busy fanning the froth, warning that buyers should snap up foreclosures now before it’s too late. In CNN’s defense, the sensationalist headline [...]