John Pusa's Blog

On March 158 2024, National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for newly built single family homes increased three points to 51 points in March of 2024 from 42 points in February of 2024.The HMI component charting buyer traffic up two points to 34 points, the HMI ...

Every year on April 1st, and this year on Monday April 1, 2024, we celebrate April 1st Fools Day.There are several myths and theories about how, when, and where April 1st Fools Day developed.One theory suggest that April Fools' Day began in the 1500s when Julian calendar replaced by the Gregorian...

Christians throughout the world this week are celebrating The Holy Week and Easter Holiday. We are celebrating Easter for the Resurrection of Our Lord on Easter Sunday March 31, 2024.The greatest joy and gift to have is the opportunity to exchange courteous and gracious greetings with those whose...

On March 28, 2024, National Association of Realtors® (NAR) reported that nationwide pending contract signed home sales up 1.6% to an index of 75.6 in February of 2024 from January of 2024, but dropped 7.0% from February of 2023.Pending home sales index in the Northeast lower 0.3% to an index of 6...

On March 19, 2024, California Association of Realtors (C.A.R) reported the home values decreased 1.9% to the price of $817,100 in February of 2024 from price of $833,000 in January of 2024, but rose 12.4% from price of $726,870 in February of 2023 in Los Angeles County, California. While, home sa...

On March 21, 2024, National Association of Realtors® (NAR) reported that the median home value price was $384,500 in February of 2024 gained 7.7% from the price of $363,600 in February of 2023.Single family home sales were at annual rate of 3.97 million units in February of 2024 jumped 10.3% from...

On March 19, 2024, California Association of Realtors (C.A.R) reported the home values higher 2.3% to the price of $1,350,000 in February of 2024 from price of $1,320,000 in January of 2024, and rose 16.5% from price of $1,159,000 in February of 2023 in Orange County, California. While, home sale...

On March 26, 2024, The Federal Housing Finance Agency (FHFA) announced that the U.S. house price lower 0.1% in January of 2024 from December of 2023, but gained 6.3% from January of 2023, based on home sales values obtained from mortgages sold to or guaranteed by FNMA and Freddie Mac.Nationwide, ...

On March 21, 2024, National Association of Realtors® (NAR) reported that regional existing home sales in the Northeast unchanged 0.0% in February of 2024 to an annual rate 480,000 homes, but dropped 7.7% from February of 2023. The median price in the Northeast was $420,600 in February 2024, jumpe...

On March 25, 2024, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau reported nationwide new single family home sales declined 0.3% to an annual rate of 662,000 homes in February of 2024 from 664,000 homes in January of 2024, but gained 5.9% from 625,000 homes ...