Tag Archives: Home Prices – Are We There Yet?

September 2016 Existing Home Sales Stem a Two Month Slide – Up 3.2 Percent from August and 0.6 Percent Year-Over-Year

After declining year-over-year for two consecutive months, existing home sales turned the corner in September 2016 with sales up 3.2 percent sequentially from August and 0.6 percent versus a year ago on a seasonally adjusted annualized rate (SAAR) according to the National Association of Realtors® (NAR). On a non-seasonally adjusted basis, September 2016 existing home …Read more

New Homes Sales the Most in Eight Years in July 2016

New home sales ramped-up in July 2016 to the highest level seen since October 2007, hitting 654,000 new single family dwellings on a seasonally adjusted annualized rate (SAAR). That equates to a 31.3 percent gain versus July 2015, and up 12.4 percent sequentially compared to the revised June 2016 number. The median price was $294,600, …Read more

Existing Home Sales Increase Year-Over-Year for the Third Consecutive Month – Median Price Now Up 34 Consecutive Months Year-Over-Year

December existing home sales hit the 5+ million seasonally adjusted annualized sales rate (SAAR) for the sixth time in the past seven months as reported by the National Association of Realtors® (NAR). Sales were up 3.5 percent in December 2014 when compared to the same month a year earlier. Sequentially, sales were up 2.4 percent …Read more

New Home Prices by State and Metro — Thanks NAHB

Up until now, while there was a source for median home prices of existing home sales across the metropolitan statistical areas (MSAs) — the National Association of Realtors®, we were flying blind when it came to new home prices. That has all now changed thanks to the National Association of Homebuilders (NAHB) as they have …Read more

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

How Much TV Homes Would Cost

Have you ever seen the situation comedy “2 Broke Girls”? They could have gotten that title just from what the rent on that their Brooklyn apartment would cost alone. Bankrate.com has done some research and reported how much the home or apartment would cost or rent for, for six TV-based shows. Their findings and discussion …Read more