Pending Home Sales: Now & Then

If you’ve been keeping up with the housing market lately you may have heard of a rebound in home prices and a lack of available homes for sale yet many don’t seem to beleive the real estate market is any better in 2012 than it was last year in 2011. The folks over at Keeping Current […]

Headlines in Real Estate for week ending December 7th 2012

Buying a home over the holiday season, biggest 6 year jump in home prices and so much more. Here are real estate headlines you may have missed this week: Should you buy a home during the holidays? (via San Diego Union-Tribune) Once Thanksgiving is over, the real estate world typically starts to wind down for the […]

Homes Are Selling Like Hotcakes! [Infographic]

Homes across the country are selling at record speed as the number of homes for sale continue to decline pushing home prices higher. Those considering selling may find this to be an opportune time while buyers may want to jump in sooner than later. Was this useful? Share or leave a comment below!

New home sales down but for good reason

New home sales declined 0.3% in October, according to a government report released Wednesday. Despite the monthly drop, sales were still up 17% from a year earlier. New houses sold at an annual rate of 368,000 in the month, down from 369,000 in September, according to a report from the U.S. Census Bureau and the […]

The Buyer Frenzy

It wasn’t too long ago when for sale and foreclosure signs lined our suburban negiborhood streets as if they were Christmas decorations. The days of low ball offers and endless selection of properties to choose from are long gone. Today, there is buyer frenzy happening as real estate begins to turn the corner in many […]

Sales & Prices Up for New Homes in May

The sale of new homes spike 7.6% in May far exceeding expectations with the pace of new home sales reaching their highest levels since the home buyer tax credit back in 2010. Home prices also rose in this category by 5.6% year over year to a median price of $243,500. As inventory continues to be an […]

December Existing Home Sales Up 5%

Existing home sales rose 5% in the month of December according to the National Association of Realtors to end the year totaling 4.26 million home sales vs. 4.19 million the previous year. The increase in home sales comes as no surprise to me since November pending home sales, which are contracts to purchase, soared to their highest […]

What’s in Store for the Housing Market in 2012?

What’s in Store for the Housing Market in 2012? 2011 was supposed to ratchet up steady, if not, robust growth in the US economy. However, several economic and geopolitical events tripped up the economy during the year that have left would be home buyers dazed and confused about jumping into the housing market. Looking in […]

Buyers unaffraid of Housing Market

Despite the uncertainty in the housing market, buyers piled in to existing homes in August throughout the country according to the National Association of Realtors which tracks Metro Area Existing-Family Home Sales and Prices. Among the most notable figures is Minneapolis/St. Paul area which saw home sales increase by over 44% year-over-year while home values […]

Housing Market Outlook for 2012

As we close out 2011 in the next few months, the California Association of Realtors released it’s California Housing Market Forecast for 2012 this week. The forecast projects home sales in California will increase 1% in 2012 to 496,200 units compared to 491,100 and 491,500 sold in 2011 and 2010 respectively. C.A.R. Vice President and […]