Home builders continue to sell homes and work through inventory.
Detroit Leads All Case-Shiller Cities In Home Price Improvement
Since bottoming out in March of this year, the Case-Shiller Index is up nearly 4 percent.
Despite 18% Contract Failure Rate, Home Resales Stay Strong
According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, September’s Existing Home Sales eased by 150,000 units, falling to 4.91 million units nationwide.
Finding Truth In September’s Housing Starts Report
Wednesday, the Census Bureau released its September Housing Starts report. In it, the government said that national Housing Starts rose 15 percent in September as compared to August 2011, tallying 658,000 units on a seasonally-adjusted annualized basis.
Homebuilder Confidence Rises on Surging Sales Volume, Foot Traffic
Homebuilder confidence is rebounding sharply.
Foreclosure Rate Drops For The 12th Straight Month
Foreclosure activity continues to slow throughout the United States.
Home Values Rose For the 4th Straight Month
The government is confirming what the private sector has already shown — home values are on the rise.
Despite Low Rates, Pending Home Sales Slip In August
Despite the lowest mortgage rates of all-time, home buyers are slowing the pace at which they’re buying homes.
Case-Shiller Index : 85% Of Tracked Cities Showed Home Price Improvement In July
The most recent Case-Shiller Index shows a 0.9% rise in home values from June to July 2011. Home values were higher in 17 of the 20 tracked cities.
New Home Sales Figures Better Than Reported
According to the Census Bureau, the number of new homes sold slid for the fourth straight month in August, easing 2 percent from July. On a seasonally-adjusted, annualized basis, home buyers bought 295,000 newly-built homes last month.
