Author Archives: Ryan Hinricher

Orlando Inventory Continues to Drop – 40% in Last Year

Posted on March 21, 2012 by Ryan Hinricher

The Orlando MSA saw a continued drop in homes on the market over the last few months.  Inventory now stands at just over 9,000 homes representing roughly a 5-month supply.  However homes in the $100,000-200,000 range exist in less than a 3-month supply.  Bidding wars in this price range are … Continue reading →

Supply of New US Homes at Lowest in Six Years

Posted on February 28, 2012 by Ryan Hinricher

The month supply of new homes in the US fell to its lowest in six years as new homes sales continue a slow upward trend.  The seasonally-adjusted annual pace of new home sales in January was 321,000.  While down slightly from December’s 324,000 the number is over December’s preliminary of … Continue reading →

Orlando MSA Logs 12% Rise in Median Price in December

Posted on February 1, 2012 by Ryan Hinricher

According to the Orlando Realtors Association, the median price of homes rose 12% in December 2012 over December 2011.  Excluding distressed sales, the median price in was $159,000.  The cumulative median price for all of 2011 was $109,900 which is higher than 2010′s $108,500. Other numbers to note from the … Continue reading →

Goldman Sachs Calls Bottom in U.S. Housing Market

Posted on January 30, 2012 by Ryan Hinricher

Analysts for Goldman Sachs Hui Shan and Sven Jari Stehn predict that the U.S. housing market will reach a bottom in the second half of this year.  The analyst built a model that considers equilibrium home prices for each of 147 metropolitan statistical areas.  Data points include population, income, lending … Continue reading →

Memphis Inventory Down 14% in 2011

Posted on January 19, 2012 by Ryan Hinricher

Over the last 12 months, inventory in Memphis has dropped by 14%.  Since 2008, inventory levels are down nearly 43% in the Memphis metro area.   And while supply stands at roughly 8 months worth, the pace of sales should increase in 2012 due to an improving local economy, continued … Continue reading →

Investor Nation Expands Footprint to Florida

Posted on January 6, 2012 by Ryan Hinricher

Over the last 18 months we’ve been investigating the housing market in Florida.  It of course is one of the poster children of the housing crisis.  Home prices have now dropped as much as 50% in some of the sub-markets of the state.  A year ago we started acquiring homes … Continue reading →