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Home Supplies Plummet, Putting Pressure On Prices To Rise Existing Home Sales surged 12 percent last month, closing 2010's housing market with strength. An "existing home" is a home that cannot be categorized as new construction; a resale. According to the National Association of REALTORS®, sea...
New Home Sales Reach 8-Month High Sales of new homes rose sharply in December, posting a 17.5 percent gain from the month prior. According to the Department of Housing and Urban Development, New Home Sales climbed to 329,000 in December, besting November by close to 50,000 units on a seasonally...
The Home Price Index Shows Flat For November Home values were reported unchanged in November 2010, on average, according to the Federal Home Finance Agency's Home Price Index. We say "on average" because the government's Home Price Index is a data composite for the country. The index doesn't m...
Building Permits Surge In December; Signals A Strong Spring Housing Market Each month, in conjunction with the Department of Housing and Urban Development, the Census Bureau releases its New Residential Construction report. The report is comprised of several sections, one of which counts the nu...
Home Builders Slowed By Economy, But Seeing More Foot Traffic Homebuilder confidence held firm for the second straight month this month, according to the National Association of Home Builders. The monthly Housing Market Index registered 16 out of a possible 100. January's reading is three point...
Retail Sales Weak In December; Home Affordability Gets A Boost Consumers keep spending, the economy keeps growing. Mortgage rates are easing lower this morning on just-released, slightly worse-than-expected Retail Sales data from December 2010. Excluding motor vehicles and auto parts, December'...
Foreclosure Activity Falls For The Second Straight Month, Drops To 30-Month Low According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings nationwide dropped for the second straight month in December. After falling 21 percent in November, filings were down by an additi...
Weekly Update This entry was posted on Tuesday, January 11th, 2011 at 8:20 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site. Edit this entry.