Overall, buyers are being drawn into housing by low mortgage rates, affordable homes, and ample supply. If the August Pending Home Sales Index is foreshadowing the fall housing market, home prices appear slated to rise.
Category Archives: Housing Analysis
As Homebuilder Confidence Stagnates, Deals Abound
Home builder confidence held firm this month, according to the National Association of Home Builders’ monthly Housing Market Index. September’s reading of 13 equaled a 17-month low.
Case-Shiller Shows Slowing Growth In Home Prices… Two Months Ago
Home values “crept forward” in July. But not that it matters — the Case-Shiller Index is a better tool for economists than it is for homeowners. There’s 3 reasons why.
New Home Sales Unchanged In August; Market Stabilizing
The August New Home Sales was weaker-than-expected, but both Wall Street investors and Main Street economists are shrugging it off. The numbers were foreshadowed by weakening housing figures from earlier this summer.
Existing Home Sales Rebound In August, Give Hope For Autumn
Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.
Housing Starts Rise In August, But By Less Than The Headlines Report
The number of single-family Housing Starts rebounded in August, climbing 4 percent from July’s 14-month low.
Home Defaults Dropped For The 7th Month In A Row In August
Despite foreclosure filings surpassing 300,000 for the 18th straight month, RealtyTrac’s monthly foreclosure report shows some bright spots for housing.
Which Model Is More Accurate : The Case-Shiller Index Or The Home Price Index?
As a home buyer and/or homeowner, should you put your faith in Case-Shiller’s results, or the Home Price Index. Perhaps, the answer is neither.
Home Sales Are Back On The Rise After A 2-Month Pullback
Just one week after reports of Existing Home Sales and New Home Sales plunging, the housing market signaled that the next few months may fare better than did May and June.
Case-Shiller Posts 16th Straight Month Of Home Price Improvement
According to the Standard & Poors Case-Shiller Index, home values rose 5 percent in June versus the month prior, and 4 percent from a year earlier. It’s the 16th consecutive month in which Case-Shiller reported an increase in home values and the third straight month of outstanding results.