So, The New York Times has finally weighed in on the “Has Housing Bottomed?” debate, casting its vote on the side of the bulls. Its leading example? The Twin Cities housing market: Joe Niece, a real estate agent in the Minneapolis suburb of Eden Prairie, said he recently concluded a streak of 13 consecutive bidding...Read More
Are “Traditional Sellers” Waiting For Fewer Foreclosures? Want a shorthand for knowing when the housing market has truly turned around? Watch what’s called “the median sale price” — statisticians’ term for the midpoint of a given group. So, the median price of 101 sold homes would be that price which is lower than 50 of...Read More
