Mid-tier home sales need the middle class
The middle class is quietly declining. Home sales are in trouble.
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Tag: mid-tier property
The MID: Robin Hood in reverse
Use of the mortgage interest tax deduction (MID) varies widely by zip code, according to a recent report by PEW Charitable Trusts.
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The state of real estate pricing
This article examines various methods for determining residential real estate’s “fair” price and argues for a mean pricing model when establishing the value of a parcel of real estate.
Read MoreFirst-time homeowners stuck and agents derailed
A recent batch of first-time homeowners are now feeling the weight of California’s housing crisis. Meet the young couples and families who were leveraged into their first home during the Millennium Boom price peak. For them,...
Read MoreCalifornia home sales data for June 2010
23,871 Southern California homes sold in June, a slight upward trend from prior months and parallel to 23,262 sold in June 2009. 30% of June 2010 home sales for So Cal were high-tier properties—up from 21.6% in May and 19.6% a...
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