New Homes Sales Gain in June, But Gains Are Relative

July 27, 2010 By Leave a Comment

June’s New Home Sales data is a major improvement over May, but gains are relative. It’s possible that the true “new home market” may be softer than the statistics suggest.

Filed Under: New Home Sales, Statistics Tagged With: , ,

Existing Home Sales Drop In June But Hint At Support For Higher Price Tiers

July 23, 2010 By Leave a Comment

Consistent with most post-home buyer tax credit housing news, Existing Home Sales eased lower last month. The 5 percent drop in sales was expected, but a closer look at the month’s data reveals some interesting trends.

Filed Under: Existing Home Sales, Statistics Tagged With: ,

Housing Starts Ease 0.7 Percent In June — 7x Better Than The Headline Data

July 21, 2010 By Leave a Comment

Single-family Housing Starts eased lower last month, falling by 0.7 percent from May, or 3,000 units nationwide.

Filed Under: Statistics Tagged With: ,

Sagging Homebuilder Confidence Opens The Door For Good Deals

July 20, 2010 By Leave a Comment

Remember, it wasn’t too long ago that most builders were flush with home inventory, unable to find willing buyers. To help move product at that time, builders dropped prices and offered incentives including free upgrades. If confidence continues to sag going forward, home purchase deals of that nature may return — especially as the foreclosure market gets larger.

Filed Under: Statistics Tagged With: , ,

25 Cities In Which To Get A Bang For Your Homebuying Buck

July 19, 2010 By Leave a Comment

CNNMoney.com recently ran a piece titled “Where Homes Are Affordable”, listing 25 communities around the U.S. in which median incomes are relatively high and median homes are relatively low. It’s a housing market “bank for your buck” list.

Filed Under: Statistics Tagged With: ,

The Fed’s June Minutes Keep Mortgage Rates In Rally-Mode

July 16, 2010 By Leave a Comment

At 7,333 words, the June Fed Minutes is the unabridged version of the more well-known, post-meeting press release. The corresponding press release was just 360 words. It turns out, the Fed’s words are doing wonders for mortgage rates.

Filed Under: Statistics Tagged With: , ,

Foreclosure Activity Slows Again In June

July 15, 2010 By Leave a Comment

June marks the 16th straight month the filings topped 300,000. 1 in every 411 U.S. homes received some form of notice last month with foreclosure density varying wildly from state-to-state. Like everything else in real estate, it seems, foreclosures are a local phenomenon.

Filed Under: Foreclosures, Statistics Tagged With: ,

Lake Champlain Waterfront Homes Market Snapshot

July 14, 2010 By Leave a Comment
Colchester Sunset Over Lake Champlain

What’s going on with Lake Champlain waterfront  real estate? Lake Champlain waterfront home sales have been tepid at best with only 14 sales year to date. Due to the current economy and the fact that those with money are just not spending it waterfront home sales have been severely lagging. With that said inventories are [...]

Filed Under: Burlington, Colchester, Statistics, Waterfront

The Flawed Home Price Index Shows Home Values Up 0.8 Percent

July 9, 2010 By Leave a Comment

Last week, the Case-Shiller Index reported home values up 0.8 percent across 20 tracked markets. The public-sector Federal Housing Finance Agency has reached a similar conclusion.

Filed Under: Statistics Tagged With: , ,

Was The Pending Home Sales Report Really That Bad? It Depends Who You Ask — Buyer Or Seller.

July 2, 2010 By Leave a Comment

On the surface, May’s Pending Home Sales Index looks terrible for housing. And, if you’re a seller, it just might be. But, if you’re a buyer, the story reads differently. Just consider the market conditions.

Filed Under: Statistics Tagged With: ,
« Older Posts
Newer Posts »