Tag Archives: Home Sales

April 2015 Existing Home Sales Up 6.1 Percent Year-Over-Year, But Off 3.3 Percent Sequentially from March 2015

April 2015 existing home sales, while up 6.1 percent from a year ago, declined 3.3 percent from March on a seasonally-adjusted annualized rate (SAAR) according to the National Association of Realtors® (NAR). April’s median price of $219,400 is up 8.9 percent from a year ago. When examining actual monthly sales numbers on a non-seasonally adjusted …Read more

DrTCJ Tweets — April 24 2015 – May 7 2015

For those of you that do not Tweet – you should consider doing so. If you want to talk about effective bang for the buck, the 140 total characters, letters, numbers and spaces of a Tweet on Twitter certainly qualifies. Who knew you could say so much in so little? It reminds me of Mark …Read more

Another Top-10 List — States With Largest Income Inequality

Roosevelt’s two New Deals (1933 and 1935 which included the rollout of Social Security) and then Lyndon Johnson’s Great Society brought income inequality front and center as a national issue. Unfortunately though, the poverty rate has essentially remained little changed since the mid-1960s despite trillions of dollars of income redistribution. Obviously what we as a …Read more

Ted’s Tweets April 3 2015 – April 16 2015

For those of you that do not Tweet – you should consider doing so. If you want to talk about effective bang for the buck, the 140 total characters, letters, numbers and spaces of a Tweet on Twitter certainly qualifies. Who knew you could say so much in so little? It reminds me of Mark …Read more

Tight Credit Continues to Take Its Toll on Housing Sales

The last normal housing market in the U.S. was 2001 to 2002. Then came the subprime-driven housing bubble when the only requirement to qualify for a loan was a pulse rate in some instances. Greed drove the get-rich-quick housing bubble, while loose credit was the water and fertilizer. We all admit that the level of …Read more

Ted’s Tweets March 6 2015 – March 12 2015

For those of you that do not Tweet – you should consider doing so. If you want to talk about effective bang for the buck, the 140 total characters, letters, numbers and spaces of a Tweet on Twitter certainly qualifies. Who knew you could say so much in so little? It reminds me of Mark …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

Another Top-10 List — The Hottest Residential Markets

Things change. And they always will. Period. What was hot at one time may be cool at another. And Vice-versa. That encompasses from coffee to iced tea to real estate markets. From a residential real estate perspective, the relative performance of a local market is a function of current supply and demand relationships and expectations …Read more