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Recently Published: Apartment Vacancy Rates Decline In The First Quarter Vacancy rates for all apartment buildings with 5 units or more declined to 12.1% from 12.5% in the previous quarter, according the NMHC. The national vacancy rate dropped to 7.2% from the prior quarters 8.2%. The apartment sector may well be the first to recover as the overall economy emerges from this great recession. read more... Case Shiller: Slowly Getting Better The S&P Case Shiller U.S. National Home Price Index posted a 2.5% decrease from a year earlier, a significant easing from the 19%, 15% and 8.7% declines in the rest of 2009. read more... Green Home Trends: 2010 The key to mainstreaming green homes is to make sure that consumers understand the value of green upgrades, how cost-effective energy efficiency can be in the long run. Consumers want homes that are environmentally friendly and home values should reflect the increased savings. Case Shiller And Housing Markets There is an across the board improvement in home prices if you look at 2009 compared to 2008. But as you drill down, the latest Case Shiller reports show only five markets saw price increases in November. read more... Housings Weak Recovery: Lets Follow The Money Quarterly reports are out. NAR, Case Shiller, Consumer Confidence reports all indicate that the housing recovery is faltering to flat. Much of the Govt supports will be slowly exiting as the Fed tests the normal functions of an economy replace Federal aid. Green Homes and Sales Trends According to a recent NAR survey, 90 percent of recent home buyers thought energy efficiency was a very important consideration when searching for a home, and the demand for green buildings and environmentally sensitive home features is growing. Read more about how you can green for a better sales profile Case Shiller Real Estate Trends And More A short list of the good and bad trends shaping the real state markets. Some good historical perspective and time frames and how long we can expect this to last. Case Shiller May Report: Housing Prices Turn UP Which Cities Will Recover First? The study shows the how a cities economic make-up determines its well being. Manufacturing areas, hurt by historical changes such as mega shifts of manufacturing jobs were already battered read more.. The Great Recession and the Housing Market Bernanke testified that better conditions in financial markets have seen improvements in consumer spending and the decline in housing activity has moderated. Moodys Economy.com notes that Household credit conditions should improve significantly by this time next year. The housing markets are looking up and the Conference Board has called a bottom. read more... Appraisal Glossary The appraisal is an important part of the buy or re-fi process. It establishes value and is the basis for property tax and. Help yourself understand the process better here.
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