Currently viewing the tag: "Housing"

Why I Don't Like Case-Shiller

On March 2, 2011 By

This data puts December’s “home values” at the levels of early 2003. Now everybody just stop. Case-Shiller is an awful report. Here’s are a few reasons:

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Home values were reported unchanged in November 2010, on average, according to the Federal Home Finance Agency’s Home Price Index.

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According to the Commerce Department’s report, February marked the 8th straight month in which straddled the half-million marker, dating back to June 2009.

This is a different slant on the Continue Reading

Housing: Permits Up, Starts Down

On January 22, 2010 By

A “ Start” is a privately-owned home on which construction has started. It’s an important gauge of health becuase it forecasts future supply.

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10 Cities For Home Bargains

On January 13, 2010 By

Visit msnbc.com for breaking news, world news, and news about the economy

As the market improves across the country, certain cities are emerging as relative bargains. Some areas, like Miami, were hit [...]

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Yesterday’s November Sales revealed strength in the market.

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Since hitting highs in July of this year, we’re now at four consecutive months with drops in the national level of foreclosure activity.

On a month-to-month basis, November’s foreclosure activity dropped another 8 percent.

We’re still seeing foreclosure activity concentrated in just a few states.

As reported by RealtyTrac.com, more than half of November’s foreclosure-related [...]

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The average family spends $2,200 per year in electric bills and the average home is responsible for twice the amount of greenhouse gases than the average automobile.

Whether you want to save money or save the environment, this 5-minute piece from the NBC Today Show is for you. In it, you”ll learn that just by [...]

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When a home goes from listed or active to sold, it hits a middle stage of “pending.”

Pending homes are important and utterly irrelevant.

The irrelevance is that they are not Closed.

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A “ Start” indicated a home where construction has started and, for the 4th straight month, national single-family held steady last month.

This is great news for home sellers.

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