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Housing Market
>> Market Update INFO THAT HITS US WHERE WE LIVE The National Association of Realtors last Thursday reported existing home sales UP 27.2% for the last three months of 2009 versus a year earlier. This amounted to a seasonally adjusted annual rate Read More...

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Housing Market Update 1-18-2010
>> Market Update INFO THAT HITS US WHERE WE LIVE Our hearts go out to the people of Haiti recovering from the terrible tragedy of last Tuesday's earthquake. We know everyone's thoughts are with the Haitians. It has been inspiring to see Read More...

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Housing Market for Week of December 13, 2009
Market Update INFO THAT HITS US WHERE WE LIVE Last week gave us more proof the country's housing market is heating up. According to Freddie Mac's quarterly national Conventional Home Price Index (CMHPI), home prices were UP 0.9% in Q3 for their Read More...

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Housing Market for Week of December 7, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE Positive economic reports on housing continue, with October Pending Home Sales UP 3.7%. This was the ninth month in a row Pending Home Sales rose and the index is now 31.8% over October last year. Read More...

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Housing Market - Week of November 16, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE Thursday the Wall Street Journal reported Q3 home sales at an annual rate of 5.3 million units. That was an 11.4% gain over Q2's 4.76 million units. Experts put much of the rising sales to the Read More...

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Housing Market for the Week of November 1, 2009.
>> Market Update INFO THAT HITS US WHERE WE LIVE Last week September New Home Sales were reported down 3.6% for single-family units. But the supply of unsold new homes is just 7.5 months and inventories, at 251,000, are down 56.1% from their mid-2006 Read More...

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Housing Market for Week of October 26, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE The week ended with the terrific news that Existing Home Sales shot UP 9.4% in September to a 5.57 million annual rate. This was almost twice the increase the consensus expected and a nice boost coming Read More...

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Housing Market for Week of October 19, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE For the third week in a row, rates on 30-year fixed-rate mortgages remained below 5% in Freddie Mac's Primary Mortgage Market Survey. The average for conforming mortgages was 4.92% with an average Read More...

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Housing Market Week of October 12, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE At the end of September, the supply of homes for sale was reported down 1.8% from the previous month in 27 major metropolitan areas. We all know the factors. Home prices are very affordable, mortgage Read More...

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Housing Market Week of October 5, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE Another good week for the housing market. The S&P/Case Shiller home price index was up for the third month in a row and the rate of annual decline fell for the sixth month in a row! Price increases Read More...

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Housing Market for the week of September 21, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE Housing starts for new single-family homes and apartments continued their steady rise, up 1.5% for August, their strongest pace in nine months. This puts housing starts at a seasonally adjusted annual Read More...

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Housing Market - Week of August 31, 2009
INFO THAT HITS US WHERE WE LIVE - We continue to see signs of improvement in the housing market and last week showed us a surprising 9.6% increase in new single-family home sales for July. This was their steepest percent rise since 2005. New home sales Read More...

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Housing Market for the Week of August 24, 2009
INFO THAT HITS US WHERE WE LIVE - Last week began with somewhat tepid housing news, as starts were reported down 1.0% for July. But once again, the decline was all due to a drop in the volatile multi-family part of the market. In fact, single-family starts Read More...

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Housing Market as of August 17,2009
>> Home Base INFO THAT HITS US WHERE WE LIVE Home prices could be stabilizing. Zillow.com reported the annual decline in home prices in Q2 was smaller than in Q1. Most significantly, this was the first decrease in the rate of annual decline since Read More...

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Housing Market as of August 10,2009
>> Home Base INFO THAT HITS US WHERE WE LIVE We got another positive housing report last week, this time with Pending Home Sales shooting up a surprising 3.6% after a mere 0.7% was expected by the experts. This makes five consecutive months of gains Read More...

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