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Today’s existing home sales report from the National Association of REALTORS® shows existing home sales in January were at at a seasonally adjusted-annual rate of 4.57 million units which is an increase of 4.3 percent from the month before and an increase of 0.7 percent from a year ago. The actual number of homes sold Continue reading… Existing home sales and prices increase in January Today’s existing home sales report from the National Association of REALTORS® shows existing home sales in December were at at a seasonally adjusted-annual rate of 4.61 million units which is an increase of 5.0 percent from the month before and an increase of 3.6 percent from a year ago. The actual number of homes Continue reading… Home sales and prices increase in December; Inventory down to near-normal level A report released this morning by CoreLogic, one of the nations leading providers of property information shows that home prices in the U.S. fell in November 4.3 percent from the year before and declined by 1.4 percent from the month before marking the fourth consecutive monthly decline in home prices. The last couple of months I have said that, “unless something changes dramatically, 2011 will hit a new record low of new home starts. Well, the actual numbers this year will still most likely be a record low, but at least the rate of new home starts for November has now inched above the Continue reading… New home construction in November inches up; Curent pace slightly ahead of record-low Today CNBC reported that the National Association of REALTORS (NAR), the country’s leading source of existing home sales data, will be revising their home sales numbers from 2007 through October of this year downward because of “double counting, indicating a much weaker housing market than previously thought”. This is not a new thought Continue reading… National Association of REALTORS says "Sales were weaker than people thought" A report released this morning by CoreLogic, one of the nations leading providers of property information shows that home prices in the U.S. fell in October 3.9 percent from the year before and declined by 1.3 percent from the month before marking the third consecutive monthly decline in home prices. “We may indeed being seeing the beginning of at least a ‘soft landing’ in housing,” said Michael Feder, President and CEO of Radar Logic. The latest housing market report by RadarLogic contained said, while trends in home prices remain negative in most major U.S. metropolitan areas, there are indications that market conditions Continue reading… Is the housing market seeing the beginning of a "soft landing"? Dennis Norman The National Association of REALTORS Pending Home Sales Index for October shows an increase of 10.4 percent in the index from the month before (seasonally adjusted), and a 9.2 percent increase from a year ago. This is the first time in four months that the index has increased and marks the highest level the Continue reading… Home sales jump in October to highest level in 18 months Today’s existing home sales report from the National Association of REALTORS® shows existing home sales in October were at at a seasonally adjusted-annual rate of 4.97 million units which is an increase of 1.4 percent from the month before and an increase of 13.5 percent from a year ago. This morning the National Association of REALTORS released a report showing the median sales price of homes for metropolitan areas throughout the U.S. in the third quarter as well as a report showing total home sales by state for the quarter. The reports showed mixed results, with metro median home prices in the U.S. Continue reading… Metro home prices fall in 3rd quarter but home sales by state on the rise The Fannie Mae National Housing Survey for September shows consumers in the U.S. remain someone pessimistic about home prices, however over two-thirds (68 percent) of American’s surveyed said they thought now was a good time to buy a home and 63 percent said if they were going to move now they would buy a home. The economy is delaying baby boomers’ plans to sell their homes, according to a survey just released by Coldwell Banker Real Estate. This doesn’t mean boomers aren’t in the market though….in fact, according to the survey, the desire to purchase and own a home, or more than one home, “remains strong.…especially so in the Continue reading… Boomers aren’t selling their homes but are looking to buy investment property Dennis Norman The National Association of REALTORS Pending Home Sales Index for August shows a decrease of 1.2 percent in the index from the month before (seasonally adjusted), and a 7.7 percent increase from a year ago. This is the second consecutive month the index has decreased from the month before and, while the year Continue reading… Home sales decline in August; second consecutive month of declines |
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