A Week of Statistics in Real Estate

There were several real estate news releases this week. None grabbed the headlines. Perhaps that is because real estate was overshadowed by Wall Street this week. Perhaps it was because there was little new in the real estate reports.

Still, a 10.7% drop in resale home prices from August 2007 to August 2008, and a 17-year low in new home sales volume would have grabbed some headlines on even an active news day, if they were news. But this has started to be so repetitive, month-to-month, that the normal news outlets don't seem to follow it.

Here is are my posts from Flagstaff about the three real estate reports of the week:

Office of Federal Housing Enterprise Oversight Releases July (yes, July) Numbers

National Association of Realtors Releases August Numbers

New Home Sales and Construction Statistics

Oh, and some more not-news: My commentary on last Sunday's headliner in the local Flagstaff paper.

To keep up-to-date on national and local real estate issues, follow the blog written in Flagstaff:

Flagstaff Real Estate and Community News

To buy or sell Flagstaff homes, contact Team Heitland at RE/MAX Peak Properties!