Tag Archives: Existing Home Sales

March 2014 Existing Home Sales Down 7.5 Percent From a Year Ago — Median Price Up 7.9 Percent: Weather, Lending Regulations and Affordability

March existing home sales were just released by the National Association of Realtors® (NAR), showing a 7.5 percent decline in sales from March 2013. Sequentially from February, sales were essentially flat, down just 0.2 percent. The Seasonally Adjusted Annualized Rate (SAAR) as of March 2014 was 4.59 million home sales. This was the lowest rate …Read more

Are You Using Twitter?

Since January 2, 2014, I have been Tweeting under the DrTCJ account. To view my homepage click: https://twitter.com/DrTCJ While many of you do not have Twitter accounts, or perhaps you do not follow me, please take a look at the Tweets from the first half of April 2014 in the bullets below. DrTCJ April 2014 …Read more

Another Top-10 List — Markets With the Most $1 Million and Up Home Sales

As we discussed earlier this month, http://blog.stewart.com/stewart/2014/04/01/higher-end-housing-market-heating-up/ the high-end residential market is gaining speed as buyers become more confident overall, and alternative investments less attractive (think low interest rates and a relatively strong valuation in the stock market). To compare the luxury markets in 50 cities, Coldwell Banker Previews International® started the annual publication Luxury …Read more

Higher-End Housing Market Heating Up

A structural market change taking place nationwide is the ongoing surge in demand for higher-end housing. Existing U.S. home sales in February 2014 were off 7.1 percent when compared to a year ago. But what is selling based on price ranges tells a unique story. Home sales in the $1 million and up range jumped …Read more

Houston Economy and Housing Markets — Full Throttle Ahead

Jobs are everything to the economy. Period. And that is the same opening I used yesterday when talking about where things are happening, economically speaking, across the U.S. This morning I will be speaking in Houston (where I live), which can best be described as an economy accelerating at full throttle — an appropriate reference …Read more