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Altos in the News
BusinessWeek 5/15/2012
Homes for Sale Grow Scarce as Sellers Await Higher Prices
A real estate agent near California’s Silicon Valley seeks sellers by combing property records for people who’ve owned their houses for at least 40 years. A Denver-area broker offers half his commission for a listing, while a counterpart in South Florida hosts happy hour gatherings at bars to loosen up homeowners reluctant to sell. Read article
DS News 9/21/2011
Existing-Home Sales Jump Nearly 19% From Last Year
Sales of previously owned homes came in 18.6 percent higher last month when compared to August 2010, according to data released Wednesday by the National Association of Realtors (NAR). Completed transactions rose 7.7 percent on a month-over-month basis to a seasonally adjusted annual rate of 5.03 million, up from 4.67 million in July. Read article
DS News 6/2/2011
Double Dip: Altos Says Prices Have Been Steadily Rising Since Then
While a number of closely-watched home price indices show national readings have slipped into a double-dip, Altos Research says it’s come and gone. The firm notes that the latest Case-Shiller findings declaring a new post-recession low are based on data through the end of March. Read article
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