Home builders are gaining confidence in current and future market conditions for new homes, but continue to see below-average foot traffic in new homes. Continue reading
According to the the latest Foreclosure Inventory Analysis showed nearly 1.5 million properties were currently in the foreclosure process or being held by banks as Real Estate Owned.
This was up 9 percent from the first quarter of 2012, but down significantly from the apex of foreclosure activity — 2.2 million units — in December 2010. Continue reading
The National Association of REALTORSÂ® released its Existing Home Sales report for March on Monday.
Sales dipped from Februaryâs seasonally adjusted annual rate of 4.95 million to 4.92 million existing homes sold in March, a decrease of 0.6 percent month-to-month. Continue reading
Existing home sales have increased by 10.2 percent as compared to 4.52 million existing home sales for February 2012, and have increased for 20 consecutive months. Read more… Continue reading
The National Association of Home Builders (NAHB) released its NAHB/Wells Fargo Housing Market Index for March on Monday. Home builder confidence fell for the third consecutive month with a two-point drop to a reading of 44 in March. Continue reading
The previous couple years’ doom and gloom outlook is looking like it is turning more upbeat and robust for the rest of 2013. Continue reading
Home sales rose for the 11th consecutive month according to the National Association of REALTORS® Existing Home Sales Report for January. Continue reading
The National Association of Homebuilders recently released its Improving Markets Index for the month of February. Continue reading
Last week, the S&P/Case-Shiller Index showed home prices gaining 5.5 percent during the 12-month period ending November 2012, marking the largest one-year gain in home prices since May 2010. Continue reading
The annual rate at which contracts for a home purchase were drawn increased 6.9 percent from one year ago. Continue reading