Wednesday, March 28, 2012

Morning Real Estate Review

Bidding wars erupt as U.S. home inventory falls (Bloomberg) Low interest rates and low inventories are driving up interest in properties enough to start serious competition in home buying.

Housing prices fall to 2003 levels, but demand may be building (Time) A lost decade in home prices as Case Shiller reports national prices dropped 3.8% from the year before, rolling prices back to early 2003 levels.

Pending home sales ease in February, but still up overall
(Construction digital) Despite taking a slight dip in February, overall numbers are still trending upward.

Eisenhower Commission to critics: Stuff it (CityPaper) The Commission overseeing design stands behind its pick of Gehry, wants the carping to stop.



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