December 26, 2014
I’ve been reviewing economic outlooks for the national housing industry to see what the experts are saying about bubble trouble for 2015. The “bubble” is an unsustainable rise in prices, often fueled by speculation and lending and characterized by easy credit, irrational exuberance and a rapid rise in prices. Real estate bubbles are measured by a few fundamentals […]
December 22, 2014
I’ve just taken an early look at the 2014 average and median sales of single family homes in the Village of Pinecrest and compared the numbers to last year. To date, 217 homes have sold this year, while at the same time last year, 230 homes closed. In the chart you will see that the number of bedrooms and bathrooms are […]
September 10, 2014
At the top of the cool building material chart is a company called uBeam who is leading the charge, so to speak, in wireless smartphone charging techniques. uBeam is developing an ultrasonic sound transmitter that will fill a room with inaudible energy. A receiver in your wireless device will be able to pick up the sound and […]
March 26, 2014
Pinecrest homeowners have good reason to be happy as the first quarter of 2014 comes to a close. I crunched the numbers of single family home sales in The Village of Pinecrest and compared sales from this year to sales from last year for the same time period (January to present). The average sale price is up $ 40 a square […]
March 3, 2014
The February 2014 stats are in and the number of single family homes sold in the Village of Pinecrest is identical to February of last year. Twelve homes sold at an average sale price of $1,435,683 or an average price per square foot (SF) of $323. When looking at all sales for the month of February, the average sales price […]