Hopeful Signs in the Housing Market
Housing Market Improvement
The National Association of Realtors released a report today on adjusted pending home sales. Pending home sales are when people enter into contracts to purchase homes. The good news is that this figure increased 3.3% from the prior month, unfortunately, the index itself was down 2.1% from the same period a year ago.
On a regional basis, the pending home sales increased in the South and in the West, though the index for both regions remains below its levels seen in July 2013. Read more 
Home Prices Move Up in January
Home Prices Move Up
In a report out today from CoreLogic, a real estate data collection firm, it showed that home prices in the United States increased in January after declining for the last three months of 2013. Read more
Home Prices Advance in Third Quarter
Home Prices Moving Up
Today, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed that the U.S. National Home Price Index rose 3.2% in the third quarter of 2013 and 11.2% over the last four quarters. Read more
March Home Prices Best In 7 Years
Home Prices Increase
The real estate tracking company CoreLogic, just reported this morning that their home price index jumped 1.9% from February to March. But, the big news was that the index for March 2013 was 10.5% higher than the year ago period! This was the biggest increase for the home price index since March 2006. Read more
Home Prices Up 10.2%
Home Prices Up
CoreLogic, a real estate data provider just reported that home prices in February increased by 10.2% over the year ago period. The February home price increases mark 12 months of annual price improvement.
The gains in home prices were very broadly based with 47 of 50 states showing home price improvement. Read more
S&P/Case Shiller Home Prices – Best Increase Since 2006
Home Prices Increase
The just released S&P/Case Shiller composite index of 20 metropolitan areas gained 1% in January on a month-on-month basis. But, the big news was that the 20 cities index climbed 8.1 % on a year-over-year basis! Read more
S&P/Case Shiller – Home Prices Climb
S&P/Case Shiller – Home Prices Climb
Bob Schwartz, San Diego real estate broker
The S&P Case Shiller composite index of 20 metropolitan areas was released this morning. This is probably the most respected report in the industry but it does trail most of the other housing industry tracking reports.
Today’s report showed that for December U.S. single-family home prices not only improved, but, showed the biggest yearly gain in more than six years! Home prices in the 20 cities jumped 6.8 percent year-over-year! Read more
Home Prices Strongest in Seven Years
Home Prices Strongest in Seven Years
In the just released quarterly report by National Association of Realtors® A growing number of metropolitan areas had higher median home prices in the fourth quarter, and the national home price showed the strongest year-over-year increase in seven years!
The median existing single-family home price rose in 133 out of 152 metropolitan statistical areas (MSAs) based on closings in the fourth quarter compared with the same quarter in 2011, while 19 areas had price declines. In the third quarter, 120 areas showed increases from a year earlier, while in the fourth quarter of 2011, only 29 metros were up. Read more
Home Prices Increase Most in 6.5 Years!
Home Prices Increase
A report today by CoreLogic, showed that home prices in December increased by 8.3% when compared to December 2011! This marked the biggest annual gain in home prices since May 2006.plus, the home price increases were extremely broad-based with 46 of the 50 states showing increases in December. Read more
Real Estate Prices – Best Gains in Six Years
Real Estate Prices
The just released S&P/Case Shiller composite index of real estate prices in 20 metropolitan areas gained 0.6 percent in November on a seasonally adjusted basis.
This real estate price increase was the 10th month in a row that prices have gained, the longest string of gains since before 2006. Read more