For some markets, housing is STILL in recovery.
The Credit-Suisse report is a quick read, and has quite a few of the major markets covered. There's activity, and in some markets some good improvements. While others are below expectations.
As a monthly feature, I'm uploading the Credit-Suisse Monthly Housing Survey . . . and here it is. A summary of the National trends in real estate --February 2010.
In the Metro Portland market, we still are in recovery mode, page 37 of the report.
- Traffic improves, but still below real estate agents expectations.
- Prices on homes fell, on average, in February.
- Length of time needed to sell increased, on average.
To read the report, click: Credit-Suisse Monthly Housing Survey Feb. 2010 or . . . find your state's information below: