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New Home Inventory Keeps Sinking

Home builders continue to sell homes and work through inventory.

Posted in: Housing Analysis Tagged: Census Bureau, New Home Sales, New Home Supply

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.

Posted in: Housing Analysis Tagged: Case-Shiller Index, Home Values, Standard & Poors

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.

Posted in: Housing Analysis Tagged: Contract Failure, Existing Home Sales, Existing Home Supply

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.

Posted in: Housing Analysis Tagged: Building Permits, Census Bureau, Housing Starts

Homebuilder Confidence Rises on Surging Sales Volume, Foot Traffic

Homebuilder confidence is rebounding sharply.

Posted in: Housing Analysis Tagged: HMI, Housing Market Index, National Association of Homebuilders

Foreclosure Rate Drops For The 12th Straight Month

Foreclosure activity continues to slow throughout the United States.

Posted in: Housing Analysis Tagged: Foreclosure, RealtyTrac, REO

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.

Posted in: Housing Analysis Tagged: CoreLogic, Home Price Index, HPI

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.

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

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.

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

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.

Posted in: Housing Analysis Tagged: Census Bureau, New Home Sales, New Home Supplies

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Contact Jon Now

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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