Tag Archives: Home Value

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

Residential Apartment Rents Up 14.7 Percent Since 1990 – Yet Income Flat in Past 15 Years, Inflation Adjusted

The resurging housing market is making an imprint on many people’s pocket books, checking accounts and balance sheets. For homeowners today, that is a positive imprint and for renters, a negative one. The median existing home price was $96,400 in 1990 according to the National Association of Realtors® while the latest 12-month average of median …Read more

Another Top-10 List — Over and Undervalued Housing Markets

In the past week I wrote about the strong robust economy in Portland, Oregon, and how that, given limited new residential construction, home prices in Portland, in my opinion, were at a premium today given historical price levels. Then I came across a study from Trulia that specifically examined current valuations with respect to historical …Read more

Another Top-10 List — Best Recession Recovery Cities

While the recession officially ended in June of 2009 according to the National Bureau of Economic Research, many cities are still struggling to get back to normal, so-to-speak. Yet other cities are enjoying the best economies ever with record home values, incomes and employment levels. To analyze where the recession has been left furthest behind, …Read more

May 2014 Existing Home Sales Post Largest Sequential Monthly Gain Since August 2011 — But Still Remain Down 5 Percent from a Year Ago

As the summer weather warms, so is the housing market. May 2014 existing home sales rose 4.9 percent from April to a seasonally adjusted annualized rate (SAAR) of 4.89 million sales according to the National Association of Realtors®. With April’s 4.66 million sales on a SAAR basis (revised upwards), that made the largest sequential monthly …Read more

Another Top-10 List — Best Beach Town Housing Markets

As the summer kicks off, many renew the dream of buying and owning a property on or near a beach. After all, what is more mesmerizing than watching, being in or on the water. RealtryTrac® analyzed 100 beach towns in the U.S. They examined the average daily temperature, percentage of sunny days, percentage of days …Read more