Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21
Category Archives: Housing Analysis
Foreclosure Filings Climbing; 4 States Account For Half Of Nationwide Activity
According to foreclosure-tracking firm RealtyTrac, October’s foreclosure filings rose 7 percent to 231,000 filings nationwide. Activity concentrated in just 4 states nationwide — California, Florida, Michigan and Illinois.
Despite 18% Contract Failure Rate, Home Resales Stay Strong
According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, September’s Existing Home Sales eased by 150,000 units, falling to 4.91 million units nationwide.
Finding Truth In September’s Housing Starts Report
Wednesday, the Census Bureau released its September Housing Starts report. In it, the government said that national Housing Starts rose 15 percent in September as compared to August 2011, tallying 658,000 units on a seasonally-adjusted annualized basis.
Home Values Rose For the 4th Straight Month
The government is confirming what the private sector has already shown — home values are on the rise.