DCNews BY: Scott Morgan, November 7, 2014 The National Association of Home Builders (NAHB) released its Q3 Leading Markets Index (LMI) report Thursday, and the verdict is: National housing recovery is getting there, slowly but surely. For months, NAHB has been reporting that recovery in the national and in most metro markets is inching its way back to normal levels. The latest report […]
Tag: Housing
Freddie Mac Sees Bittersweet Economic Outlook
DSNews BY: Derek Templeton July 22, 2014 Some things are meant to be a little sweet and a little bitter. They’re just better that way. Semi-sweet chocolate and sweet and sour sauce, just to name a few are some of the finest flavors known to man. Unfortunately, the mixture of bitter and […]
Florida Shows Positive Housing Gains in Q1 2014
DSNews BY: Colin Robins May 13, 2014 Florida’s housing market showed signs of improvement in the first quarter of 2014, notching gains in median prices, new listings, and inventory while homes spent fewer days on the market. According to the latest datareleased by Florida Realtors, completed sales of single-family homes totaled roughly 50,000 for the quarter, […]
First Quarter Housing Affordability Edges Higher
DSNews BY: Colin Robins May 13, 2013 A decrease in median home prices coupled with steady mortgage rates helped contribute to higher housing affordability in the first quarter of 2014, according to the National Association of Home Builders (NAHB). NAHB, coupled with Wells Fargo, recently published their Housing Opportunity Index (HOI), which found 65.5 percent of new and […]
Fast Home Sales in Some Markets Indicates Positive Spring
DSNews BY: Colin Robins April 24, 2014 According to the Fastest Markets Report issued by Redfin, homes are “flying off the market” in many places, such as San Francisco, California; Austin, Texas; and Washington, D.C. The report notes that although homes are selling faster, fewer total homes are selling. Inventory has risen in these metros, but […]
Florida’s Housing Market Is On the Rise
DSNews BY: Paul Salfen April 23, 2014 More good news has surfaced in the housing market, this time in Florida. According to Florida Realtors, the housing market reported higher median prices, more new listings, and a stable level of inventory in March. Closed sales of single-family homes statewide totaled 20,081 last month, up 2.8 […]
Total Home Sales and Prices Tick Slightly Upward in March
DSNews BY: Colin Robins April 24, 2014 According to RealtyTrac’s latest Residential and Foreclosure Sales Report for March and Q1 2014, U.S. residential properties sold at an estimated annual pace of roughly 5.2 million homes in March, a .4 percent increase from February, and up 8 percent from the previous year. The median sales price for […]
Yearly Asking Price Gains Slow Despite Solid Monthly, Quarterly Gains
DSNews BY: Colin Robins May 9, 2014 Nationally, asking prices rose 0.8 percent month-over-month in March and 2.8 percent quarter-over-quarter in April. Yet asking prices rose a mere 9.0 percent year-over-year, the smallest gain in 11 months according to an analysis of data from Trulia’s Price Monitor and Rent Monitor. With monthly and quarterly increases holding steady, […]
Zillow: Buying a Home Beats Renting After 2 Years
DSNews BY: Colin Robins May 1, 2014 Zillow’s break-even horizon analysis came to an interesting conclusion: in half of U.S. metros, buying a home is a better financial decision than renting for buyers intending to stay in their home at least two years. The company’s analysis includes all costs associated with buying versus renting, including […]
4 million homeowners climb out of negative equity
LA Times, BY KENNETH R. HARNEY, March 6, 2014 WASHINGTON — The economy may be growing at a frustratingly slow pace, but one piece of it is booming: American homeowners’ equity holdings — the market value of their houses minus their mortgage debts — soared by nearly $2.1 trillion last year to $10 trillion. Big numbers, […]
