As usual, there are a couple of good posts on the Altos Research blog this week.
- "It's up. For now." looks at the overall market nationally and latest Case Shiller numbers. The Altos data is highly correlated with Case Shiller but leads it. This means that they can typically see where Case Shiller and the market is headed before we get there.
- "Forbes 500 Luxury Real Estate Markets" takes a peek at the trends within luxury markets around the country.
Also member Laura Duggan has a really good market update post on her blog The Heart of Austin. Her market update for July shows a break-down of home sales by price band, plus she's added the month's of inventory and color coded them to indicate what these inventory levels mean given the current levels of demand:
This is exactly the sort of information and market insight that buyers and sellers expect to receive from their agents.
