Comments on: Housing Starts Down 54.2 Percent For April, 2009 http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/ Real Estate Blog, Mortgage, and Development News Sat, 20 Mar 2010 11:25:08 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Ron Stone http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/comment-page-1/#comment-415350 Ron Stone Sat, 02 Jan 2010 15:36:12 +0000 http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/#comment-415350 With all the foreclosures and games the banks are playing with people needing some form of relief, it's a miracle any house (new or existing) can sell and close due to problems with comparables. I only wish I could see light at the end of this tunnel. Maybe I'm just worn down from my previous mortgage loan origination business. Good luck in your area. With all the foreclosures and games the banks are playing with people needing some form of relief, it’s a miracle any house (new or existing) can sell and close due to problems with comparables. I only wish I could see light at the end of this tunnel. Maybe I’m just worn down from my previous mortgage loan origination business. Good luck in your area.

]]> By: Steve Hilliar http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/comment-page-1/#comment-408837 Steve Hilliar Wed, 09 Sep 2009 11:27:14 +0000 http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/#comment-408837 You have a terrific blog with heaps of useful information. However in all of the current media hype, slow down in the market etc. There is still very little talk about an agents ability to sell. How many agents actually understand the difference between making a simple sale and a major sale such as a house? You can read all about my frustrating experience last weekend with Real estate agents. http://www.makingmajorsales.com Steve Hilliar You have a terrific blog with heaps of useful information. However in all of the current media hype, slow down in the market etc. There is still very little talk about an agents ability to sell.

How many agents actually understand the difference between making a simple sale and a major sale such as a house?
You can read all about my frustrating experience last weekend with Real estate agents.
http://www.makingmajorsales.com

Steve Hilliar

]]> By: Free Real Estate Agent Training Videos http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/comment-page-1/#comment-397443 Free Real Estate Agent Training Videos Tue, 28 Jul 2009 18:05:52 +0000 http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/#comment-397443 Interesting blog post. I just an article that indicated the new home sales have increased by 11 percent in June. Let's hope this is a trend we can all agree is good news for the economy. Kudos! Interesting blog post. I just an article that indicated the new home sales have increased by 11 percent in June. Let’s hope this is a trend we can all agree is good news for the economy. Kudos!

]]> By: Marshall http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/comment-page-1/#comment-394096 Marshall Mon, 13 Jul 2009 06:17:18 +0000 http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/#comment-394096 Okay, but keep in mind housing starts is quite a useless stat considering the excess supply in the existing market, and the aging population--oh and the fact that most people entering into the job market are unemployed... If you want to start to understand when things will pick up, start watching the ratio of foreclosure sales in relation to foreclosures on the market. When this ratio subsides (aka the market has been cleansed) then you'll start to see new housing starts pick up again. This is a pretty <a>sweet site that shows month over month foreclosure rate trend data</a> for as aggregate as nationwide--or as granular as zip level. Plus you can integrate the content on your website, which is kinda nice. Okay, but keep in mind housing starts is quite a useless stat considering the excess supply in the existing market, and the aging population–oh and the fact that most people entering into the job market are unemployed…

If you want to start to understand when things will pick up, start watching the ratio of foreclosure sales in relation to foreclosures on the market. When this ratio subsides (aka the market has been cleansed) then you’ll start to see new housing starts pick up again. This is a pretty sweet site that shows month over month foreclosure rate trend data for as aggregate as nationwide–or as granular as zip level. Plus you can integrate the content on your website, which is kinda nice.

]]> By: Obama Administration Fudges Report On Home Construction « Mcauleysworld’s Weblog http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/comment-page-1/#comment-387162 Obama Administration Fudges Report On Home Construction « Mcauleysworld’s Weblog Tue, 16 Jun 2009 14:42:46 +0000 http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/#comment-387162 [...] “New housing starts dropped significantly in April, 2009 down 54.2 percent from April, 2008. There were only 458,000 homes started in the month. The Commerce Department also is reporting new housing starts dropped to levels not seen since 1959. New building permits, an indicator of future building, were also down. New building permits, which give a sense of future home construction, dropped 3.3 percent to 494,000 units, the lowest since records started in January 1960, from 511,000 units in March. That was well below analysts’ estimates of 530,000 units. Compared to the same period a year-ago, building permits plunged 50.2 percent. http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/ [...] [...] “New housing starts dropped significantly in April, 2009 down 54.2 percent from April, 2008. There were only 458,000 homes started in the month. The Commerce Department also is reporting new housing starts dropped to levels not seen since 1959. New building permits, an indicator of future building, were also down. New building permits, which give a sense of future home construction, dropped 3.3 percent to 494,000 units, the lowest since records started in January 1960, from 511,000 units in March. That was well below analysts’ estimates of 530,000 units. Compared to the same period a year-ago, building permits plunged 50.2 percent. http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/ [...]

]]> By: Esko Kiuru http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/comment-page-1/#comment-380148 Esko Kiuru Mon, 25 May 2009 05:02:44 +0000 http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/#comment-380148 That's a good sign. If they didn't build one new house for six months, that would help even more. Supply and demand would then quickly find some kind of a balance and likely to get the housing market marching upward again. But that's wishful thinking. That’s a good sign. If they didn’t build one new house for six months, that would help even more. Supply and demand would then quickly find some kind of a balance and likely to get the housing market marching upward again. But that’s wishful thinking.

]]> By: Scott Costello http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/comment-page-1/#comment-379474 Scott Costello Thu, 21 May 2009 17:59:02 +0000 http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/#comment-379474 scottsdale luxury homes that is a very informative comment. I just signed up for my Realtors license. Although I will be mainly using it as a tool for my investing career, I'll probably use it as a buyers agent to help supplement my normal jobs income. Thanks again scottsdale luxury homes that is a very informative comment. I just signed up for my Realtors license. Although I will be mainly using it as a tool for my investing career, I’ll probably use it as a buyers agent to help supplement my normal jobs income.

Thanks again

]]> By: scottsdale luxury homes http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/comment-page-1/#comment-379341 scottsdale luxury homes Wed, 20 May 2009 16:42:24 +0000 http://www.therealestatebloggers.com/2009/05/19/housing-starts-down-542-percent-for-april-2009/#comment-379341 Take your real estate classes but also take a basic accounting course, real estate law, any finance course and a course in public speaking. Don't laugh, you will use all those courses through your career. Also start talking to various brokers and let them know you are taking classes. Whether taking college courses along with taking real estate classes from various real estate companies or independent real estate schools be aware of the market you are in. Also talk to lenders so you know some of what is needed for your buyers. Please learn about Title & Escrow as well. Once you hang your license make sure you become a Buyers agent first not a Sellers agent. When you start with buyers you will be learning along with your buyers some of the issues that can come up in a transaction. If you start on the Sellers side you will be on the losing end of every transaction as most seasoned agents know who is new, knows the contingencies that will let them get out of the contract and you will be left standing holding the bag. Take your real estate classes but also take a basic accounting course, real estate law, any finance course and a course in public speaking. Don’t laugh, you will use all those courses through your career. Also start talking to various brokers and let them know you are taking classes. Whether taking college courses along with taking real estate classes from various real estate companies or independent real estate schools be aware of the market you are in. Also talk to lenders so you know some of what is needed for your buyers. Please learn about Title & Escrow as well. Once you hang your license make sure you become a Buyers agent first not a Sellers agent. When you start with buyers you will be learning along with your buyers some of the issues that can come up in a transaction. If you start on the Sellers side you will be on the losing end of every transaction as most seasoned agents know who is new, knows the contingencies that will let them get out of the contract and you will be left standing holding the bag.

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