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A look at the Spring 2010  Housing Market presented by  Altos Research
Who’s with you today? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Grab your coffee… Lots to cover ,[object Object],[object Object],[object Object],[object Object],[object Object]
Altos 10-City Composite (Jan 2010)
Altos 10-City Composite (March 2010)
Higher Activity at Lowest Price Segment
Market Action Index: Year-on-Year Values
Jan 2010: Sellers show the way
New Sellers Pricing Higher; Lower End Sales Activity
Price Reductions: Elevated but improving (Jan 2010)
March 2010: Is Seller Confidence Dwindling?
Days-on-Market Elevated vs 2008, 2009
Days-on-Market & Active Supply
Active Housing Supply & Pricing Effects
Borrower Psychology & Delinquencies: Market Conditions Matter ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
New Delinquencies Peak at Market Trough
Active Price Reductions: Bubble Markets
Los Angeles MSA: Prices moving down
Hope springs eternal in Chicago…
Altos 10-City Composite vs. CSXR
Key Spring-Time Factors ,[object Object],[object Object],[object Object]
And Finally… ,[object Object],[object Object],[object Object],[object Object]
Give us a call ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Spring 2010 Housing Market Trends

Notes de l'éditeur

  1. First question: “How’s the market?” how do you answer?
  2. Some levity in the market last Spring. Optimism and activity lead to higher
  3. Price discovery is occurring. Sellers learning their lesson about over-pricing in 2008 and early 2009. Prices are settling into
  4. 2008 – Inventory rose, prices fell. 2009 – Inventory fell, prices rose. 2010 - TBD