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July traditionally in Tucson sees a drop in real estate sales. This year was on exception. But do you know why sales drop on in July? There are several reasons. First, it is hot, really, really hot, in July and in the heart of the Monsoon Season which means it is also really muggy, at times.

The Orlando Regional Realtor Association released the latest statistics for the real estate market in Orlando today and not a whole lot has changed. The number of closed sales and properties under contract actually dipped a little in July 2008 and the dag gone inventory saw a little tick up.

The Condo Metropolis blog posted an informative video on housing cycles that explains how and why real estate markets fall and also rise. Many of the factors necessary for a rise in housing are in place according to the video, but it neglects to factor in the price to rent ratio which is playing a major part in our most recent downturn in the Orlando housing market.

For Hartsdale, New York (zip code 10530) the following are the housing statistics from the Westchester Putnam Multiple Listing Service for the period July 1- July 31, 2008. SINGLE FAMILY HOMES Active Single Family Homes 63 Sold Single Family Homes 9

Paul Bishop, economist for the National Association of Realtors, was recently interviewed by the Wall Street Journal about the impact of the housing bill just signed by President Bush and appeared pretty positive in the interview. He says the new bill will bring stability to Fannie Mae and Freddie Mac which is quite important in my opinion.

“Your Blog will never replace a billboard and a few guys dancing on the corner with a sign.” It was not the first time we heard the statement, but hearing it from a 30 year veteran with countless thousands of homes under his belt I must admit it was a bit of a blow.

uly is almost gone and here are the local real estate market statistics and indicators for real estate markets around the United States. Nothing has changed too big from June to July … but you will see an overall trend that all in all housing prices are staying relatively constant and falling

It’s that time again! Real Estate Market Statistics for July are here! It looks like the housing supply is still pretty high, which is of course pushing the declining home prices in many of the nations markets; however, listings have actually dropped in many of the areas markets that matter.

The June statistics continue to show a decline in the average sale price with an increase in total closed transactions each month since January of this year. This month the report shows 1034 closed transactions. As of this writing the MLS itself shows 1048 transactions.

UK Housing Crisis Could Affect Pound July 11th, 2008 by When one hears the phrase “housing crisis” uttered, the US immediately comes to mind. Not without reason, of course, since the US housing market is the largest in the world, and the scope of any US housing crisis is sure to dwarf a comparable crisis in any other country, in absolute terms.