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Report Shows Highest New Home Inventory Since January 2012

The National Association of REALTORS reported that existing home sales for July came in at 5.39 million on a seasonally adjusted annual basis. July’s reading exceeded both expectations of 5.21 million existing homes sold and June’s reading of 5.06 million homes sold. Continue reading

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Existing Home Sales: Second Highest Level Since 2009

According to the National Association of REALTORS®, national sales of existing homes in June came in at 5.08 million. Continue reading

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Home Prices Record Highest Monthly Gains Since Case Shiller Index Inception

The S&P Case-Shiller Home Price Indices for April indicate that the housing recovery gained ground.

In April 2013 average home prices tracked in the Case-Shiller 10 and 20-city Composites increased by 11.60 and 12.10 percent year-over-year. On a month-to-month basis, the Composites increased by 2.60 and 2.50 percent respectively. Continue reading

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Case-Shiller Index Posts 4% Annual Home Price Gain

The Case-Shiller Index showed home prices gaining 4.3 percent during the 12-month period ending October 2012. Continue reading

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Home Price Index Shows Values Rising 3.7% From One Year Ago

Home values have not dropped month-to-month since January of this year — a span of 6 months. Continue reading

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Coming Next Week : New, Mandatory Loan Fees For All Conforming Mortgages

Beginning as soon as next week, new, mandatory mortgage fees will push conforming mortgage rates higher nationwide. Continue reading

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Government : Home Prices Up 3.0% In Last 12 Months Nationwide

According to the Federal Home Finance Agency’s Home Price Index, home prices rose by a seasonally-adjusted 0.7 percent between May and June 2012. The index is now up 3.0% over the past 12 months, and made its biggest quarterly gain since 2005 last quarter. Continue reading

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Home Values Rise 0.8% In May 2012

The housing market’s bottom is 9 months behind us. Home values continue to climb nationwide. Continue reading

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FHFA : Home Values Up 3% Since Last Year

The Federal Home Finance Agency’s Home Price Index shows home values up 0.8% in April on a monthly, seasonally-adjusted basis. Continue reading

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Nationally, Home Prices Off 18.3 Percent From April 2007 Peak

The government confirms what the private-sector Case-Shiller Index reported yesterday. Nationwide, average home values slipped in October. Continue reading

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