Pending Home Sales Index - September 2009
on Nov 5, 2009 in first-time homebuyer tax credit october pending home sales As reported by CNNMoney.com - "Home sales contracts rise for 8th straight month":The number of signed sales contracts to buy homes rose in September for the eighth straight month, according to a real estate industry report released Monday.The Septemb...

Housing Affordability
on Aug 21, 2009 in housing affordability As reported by CNNMoney.com - "Homes still affordable - really affordable":Homes continue to be more affordable than they have been in nearly two decades.The typical American family, making the nation's median income of $64,000 a year, could afford t...

Sales of Existing U.S. Homes Rise
on Aug 21, 2009 in existing home sales housing affordability As reported by Bloomberg.com - "Sales of Existing U.S. Homes Probably Climbed as Prices Fell":Sales of existing U.S. homes probably climbed in July to the highest level in 10 months, signaling the housing crisis that crippled the world's largest econ...

Housing Recovery?
on Aug 17, 2009 in real estate housing real estate news Interesting points regarding the U.S. housing market, the recovery, and housing regions where real estate should fare well.

Foreclosures Continue to Thrive as Moratoriums are Phased Out
on Aug 13, 2009 in foreclosures increase foreclosures As reported my CNNMoney.com - "Foreclosure plague: No cure yet":Despite some positive signs starting to surface in select housing markets, foreclosures are still on the rise:There were more than 360,000 properties with foreclosure filings -- includin...

Foreclosure Filings Up in Record Numbers
on Apr 30, 2009 in foreclosures From CNNMoney.com, "Foreclosure filings in record jump":Servicers initiated foreclosure proceedings against 290,000 mortgage borrowers,a jump of nearly 20% from February's 243,000, and the highest monthly totalsince the coalition began tracking data...

February New Home Sales Rise
on Mar 25, 2009 in new home sales report new home sales As reported by CNNMoney.com - "New home sales in surprise rebound":Sales of newly constructed homes unexpectedly rose in February, rebounding nearly 5% after sinking to the lowest level on record in January, according to a government report released...

February Existing Home Sales Rise While Home Prices Tank
on Mar 24, 2009 in existing home sales existing home sales report As reported my CNNMoney.com - "Existing home sales spike 5%":Sales of existing homes unexpectedly rose in February, recovering from a sharp drop in the previous month, according to an industry report released Monday.The National Association of Realto...

Record Low Housing Starts
on Feb 19, 2009 in record low housing starts From Bloomberg - On the surface, more terrible news in regards to new housing starts and new construction permits. The silver lining asserted in the video is that we are not "effectively adding new housing to the inventory." Yes, less supply w

NAR 4th Quarter 2008 Home Prices
on Feb 13, 2009 in NAR 4th quarter 2008 home prices From CNNMoney.com - "Home prices in record plunge -- (NAR 4th quarter housing price numbers chart is at the bottom of the CNNMoney.com article)":Home prices fell 12.4% during the fourth quarter of 2008, the largest year-over-year decline since t