I said it would be like this… Sales still falling in Manhattan By Inman_News Created 07/02/2008 Residential sales in Manhattan continued to slide in the second quarter, according to market reports released today, falling back from last year’s lofty peaks....
Price Corrections Are Not As Bad As Reported by John Burns It is true that home prices have corrected more than any time in the past, and further price declines are likely. However, the methodology used to track home prices is overstating the actual correction. Some...
More than one million homes are now in foreclosure, the highest rate ever recorded, according to a trade group which warned Thursday that number will continue to climb. The Mortgage Bankers Association’s first quarter report showed that a record 2.5% of all...
In back-to-back Inman News columns, Bernice Ross wades into the controversy over the reporting of home-price statistics. In Part 1, “Put a gag on Chicken Little,” Ross argues that home prices are stabilizing, but that the media’s emphasis on...
