Existing Home Sales jumped another 6 percent in November, the report’s third month of improvement since bottoming in July.
Category Archives: Housing Analysis
Housing Starts Rise In November, But With A High Margin Of Error
The number of single-family Housing Starts increased in November, adding 30,000 units as compared to October.
Foreclosure Activity Plunges (But With An Asterisk)
November marked the first time since February 2009 that the number of monthly foreclosures filings failed to surpass 300,000 units.
Why Builder Confidence Surveys Matter To Buyers Of New Homes
Despite an unfavorable HMI reading, home builders might still be less willing to “make a deal”; holding out for a better 2011.
Home Affordability Reaches Record-Levels… Last Quarter.
Prior to 2009, the Home Opportunity Index rarely topped 65. The index has remained above 70 ever since.
Pending Home Sales Index Points To A Budding Seller’s Market
The Pending Home Sales Index surged 10 percent in October as low mortgage rates and low home prices spurred buyers into action. The market looks different today, however.
September’s Case-Shiller Index Reflects A Slowing Housing Market
Standard & Poors released the September Case-Shiller Index Tuesday. The Case-Shiller Index is a home-value tracker. The report shows home prices down 0.7% from August and values fading, in general.
New Home Sales Slip In October
After posting a strong September, the number of newly-built homes sold nationwide slipped in October.
October Existing Home Sales : Buyers And Sellers In Balance
It’s encouraging that first-time and investment property buyers were both outnumbered by “move-up” buyers in October; buyers that have sold their respective homes in favor of larger ones.
Housing Starts Data Much Better Than The Headlines Would Have You Believe
Newspaper stories can be misleading sometimes — especially with respect to real estate. We saw a terrific example of this Wednesday.