HOME SALES HEATED UP HEADING INTO WINTER

HOME SALES HEATED UP HEADING INTO WINTER

New and Existing Home Sales were something to celebrate in November, while home prices continued to heat up. The National Association of REALTORS® reported that Existing Home Sales in November edged higher by 0.7 percent from October to an annual … Continue reading

TURNING UP THE HEAT

TURNING UP THE HEAT

Spring brought a hopeful thaw to housing data, as markets looked forward to things heating up in time for summer. Pending home sales were reported 14 percent higher than a year ago, and are at their highest level in nine … Continue reading

SOMETHING FOR EVERYONE

SOMETHING FOR EVERYONE

With home loan rates falling for four straight weeks early this year, prospective homebuyers had an easier time purchasing new homes. Low rates also prompted a spike in refinance applications from many Americans pursuing lower monthly payments, which will help … Continue reading

HOMEBUYING SEASON BEGINS WITH A BUZZ

HOMEBUYING SEASON BEGINS WITH A BUZZ

In early May, the National Association of REALTORS® reported that the volume of purchase contracts signed for existing homes rose 3.4 percent in March. That was more than the 1 percent increase forecasted by economists who were surveyed by The … Continue reading

RESIDENTIAL REDUX – WHAT’S HAPPENING WITH HOUSING

RESIDENTIAL REDUX – WHAT’S HAPPENING WITH HOUSING

Housing influences every other economic sector, not just because jobs are created to get houses built, but also because consumers spend lots of money–lots of other places–when they buy a new home. Add to this the tremendous transfer of wealth … Continue reading