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Pending Home Sales Unexpectedly Spike In May

According to data from the National Association of REALTORS, the Pending Home Sales Index smashed analyst expectations, jumping 8 percent on a monthly basis in May.

Posted in: Housing Analysis Tagged: National Association of REALTORS, Pending Home Sales

Home Values Climb 0.8 Percent In April

Maybe homes are holding value better than we thought.

Posted in: Housing Analysis Tagged: Case-Shiller Index, FHFA, Home Price Index

Top 25 Least Expensive U.S. Cities

There are some U.S. towns in which the cost of living remains affordable — and downright cheap — as compared to the national average.

Posted in: Rankings Tagged: BusinessWeek, Cost of Living, Inflation

How Do I Clean Up A Broken Compact Fluorescent Bulb?

Compact fluorescent light bulbs contain mercury, a poison to humans and pets. The EPA provides guidance on handling broken bulbs.

Posted in: Around The Home Tagged: CFL, EPA, Safety

New Home Supplies Drop, And So Does Homebuilder Confidence

Last month, the number of new homes sold on an annualized, seasonally-adjusted basis tallied 319,000. The May reading is the second-highest of the year, and 6 percent above the current 12-month average.

Posted in: Housing Analysis Tagged: Homebuilders, New Home Sales, New Home Supply

A Simple Explanation Of The Federal Reserve Statement (June 22, 2011 Edition)

Wednesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. The vote was 10-0 — the fourth straight unanimous vote for the nation’s Central Bank.

Posted in: Federal Reserve Tagged: Fed Funds Rate, FOMC

Existing Homes Sales Slip In May

Home resales slipped 4 percent in May, falling below the 5,000,000-unit mark on a seasonally-adjusted, annualized basis for the first time since February.

Posted in: Housing Analysis Tagged: Existing Home Sales, Existing Home Supply, NAR

Homebuilder Confidence Slips To 9-Month Low

If you’re a home buyer and have considered “buying new”, the time may be right for making an offer. Financing is cheap, home values are low, and builders are pessimistic — a terrific combination for today’s home buyer.

Posted in: Housing Analysis Tagged: HMI, NAHB

How To Clean Outdoor Furniture : Resin, Wood And Metal

This week marks the official start of Summer. If your home’s outdoor area has furniture on it, you’ll want to make sure that furniture is clean.

Posted in: Around The House Tagged: Cleaning, Furniture, Lowes

Housing Starts Climb Unexpectedly In May

The housing market received a jolt of good news Thursday. The Commerce Department reports that Single-Family Housing Starts improved in May.

Posted in: Housing Analysis Tagged: Building Permits, Commerce Department, Housing Starts

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Parkland FL REALTOR®Jon Klein, REALTOR®, P.A.,GRI

954-415-5595 Direct

954-449-9325 Office

954-827-0464 Fax

jon@jonklein.com

5691 Coral Ridge Drive
Coral Springs, FL 33076

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