Housing continues to move forward.
Continue Reading →We’ve been talking a lot about the home supply data. In no uncertain terms, there is less supply than there was one year ago.
We’re seeing increasing home values in most markets. We’re seeing a shift from a buyers’ market to at least a neutral market, if not a potential sellers’ market.
“Is now a [...]
Continue Reading →It seems like most newspaper headlines aren’t great sources of real estate news.
Continue Reading →For the first time in over three years, the August data from the Case-Shiller Index showed annual home values improving across 19 of 20 U.S. markets.
According to a Case-Shiller Index spokesperson, “The rate of annual decline in home price values continues to improve.”
It’s yet another sign that [...]
Continue Reading →The national housing supply fell to a 2-year low last month, according to the National Association of Realtors
Continue Reading →More homes data hit today.
Continue Reading →Housing Starts on single-family homes gained last month, marking 8 out of 9 times this year that the number notched higher.
A “Housing Start” is a home for which the foundation has been excavated and, considered alongside other key market metrics, September data suggests that the housing market has stabilization is complete.
Momentum in housing [...]
Continue Reading →We should just set this post to continue to repeat on its own:
Continue Reading →An escrow account is a designated savings account into which funds get deposited for a specific purpose.
With respect to real estate and home loans, escrow accounts are used to pay real estate tax bills and homeowners insurance payments.
Escrow accounts are managed and disbursed by lenders.
When a homeowner “escrows” his mortgage, along with [...]
Continue Reading →Buoyed by a generous tax credit, affordable homes, and low mortgage rates, the Pending Home Sales Index posted its seventh consecutive monthly gain in August.
It’s the longest winning streak in the index’s history and the highest reading in 2-1/2 years.
It”s also another signal that the [...]
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