Santa Barbara real estate has proven to be surprisingly resilient when compared to the rest of the Golden State. While a number of cities have nearly collapsed economically in the face of the impending economic crisis, especially the bursting of the real estate bubble, Santa Barbara was never devastated by the recession, and has begun [...]
Entries from July 31st, 2009
San Francisco real estate market update
July 31st, 2009 · No Comments · Real Estate Markets
San Francisco real estate was among the strongest in the nation before the arrival of the sub prime mortgage crisis and the subsequent nationwide economic downturn. Home sales were extremely high, foreclosures and defaults were both definitely exceptions to the rule, and all signs pointed towards continued strength and vitality. After the bursting of the [...]
Tags: California·home prices·markets·Real Estate·San Francisco
Knoxville real estate market update
July 31st, 2009 · No Comments · Real Estate Markets
The Knoxville real estate market differs substantially from the remainder of the state of Tennessee, especially Memphis. The entirety of Knox County has been making at least a superficial recovery in the last few months, although a considerable amount of debate remains upon whether or not the temporary boost will become more permanent in nature. [...]
Raleigh real estate market update
July 30th, 2009 · No Comments · Real Estate Markets
The Raleigh real estate market has begun the long road towards an eventual recovery, at least according to the most recent statistics drawn from various sources. Raleigh is still reeling in some respects from the economic recession that began with the collapse of the sub-prime mortgage crisis towards the end of the year 2008. Overall, [...]
Tags: Raleigh
Medford real estate market update
July 30th, 2009 · No Comments · Real Estate Markets
The Medford real estate market is not affected in the same way that many of the large cities in the Pacific Northwest have been by the national recession. Medford is a lot smaller than Portland or Seattle, for example, meaning that there have not been nearly as many foreclosures or even short sales as in [...]
Tags: home prices·markets·Medford·Real Estate
San Clemente Real estate market Update
July 30th, 2009 · No Comments · Real Estate Markets
San Clemente, a part of Orange County, is one of the communities that was hit, but not devastated by the sub prime mortgage crisis and subsequent nationwide recession. San Clemente did suffer some adverse effects from the collapse of the real estate bubble, but seems to be in something of a state of recovery. There [...]
Big Island Hawaii Real Estate Market Update
July 29th, 2009 · 1 Comment · Real Estate Markets
The Big Island of Hawaii, known locally simply as the island of Hawaii, is the second most populous island in the archipelago. More importantly for the Hawaii real estate market, the Big Island real estate market is literally bigger in terms of size than all of the other islands combined. Big Island properties are often [...]
Tags: Big Island Hawaii·Hawaii·home prices·markets·Real Estate
Palos Verdes real estate market update
July 29th, 2009 · No Comments · Real Estate Markets
Palos Verdes is an umbrella term for a number of predominately residential communities found in the southern portion of the city of Los Angeles. Palos Verdes’ numerous cities and suburbs are all found on the Palos Verdes Peninsula, and is of distinctly low density. The Palos Verdes real estate market continues to follow the general [...]
Tags: California·home prices·markets·Palos Verdes·Real Estate
Bainbridge real estate market update
July 29th, 2009 · No Comments · Real Estate Markets
Bainbridge, an island off the coast of Seattle, Washington, is traditionally one of the more prestigious resort communities in the Northwest. The Bainbridge real estate market was affected by the collapse of the sub-prime mortgage crisis and the subsequent nationwide economic recession, although the ramifications of the situation were not nearly as dire in Bainbridge [...]
Savannah real estate market update
July 28th, 2009 · No Comments · Real Estate Markets
Savannah real estate market seems to be trending towards a recovery – a welcome development considering the wealth of bad news that has flooded the local economy in the last several months. It is not absolutely certain what direction Savannah real estate is going to take in the future, mostly because of the distinct haziness [...]