 4 percent;Perris, 36. Petersburg- Clearwater, where 3,112 homes sold for a 22 percent increase. Professor Lynn Sagalyn believes that these"exotic" products allow lenders to reach customers who would have been excluded from the market due to soaring home prices. Lower price appreciation will keep the door open to first-time buyers while preserving the investment advantages of homeownership for sellers. " She said that while price appreciation was slowing, the low supply was reducing the time on market for homes offered for sale. 8 billion in the prior year. This survey differs from previous surveys in the series in that it measured transactions during the first quarter whereas previous surveys covered transactions on an annual basis. The CME believes these instruments may be of particular interest to builders and mortgage portfolio holders. 2 percent; La Quinta, 35. John Talbott is a Visiting Scholar at UCLA's Anderson School and the author of The Coming Crash of the Housing Market published by McGraw-Hill. 9Akron, OH 7. , metro area, the average was 18 minutes. The unemployment rate is expected to drop to 4. |
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