Tag Archives: Home Value

Potential High-Risk Housing Markets Due to Coronavirus

The economic impact of the Coronavirus varies from one city to the next  just like medical symptoms and severity of those infected by the virus differs from one person to another.    A myriad of factors affect how each local housing market will respond under these pressures and economic uncertainties.  My favorite economic and real estate …Read more

Median Single-Family Home Price Gains Q2 2019

Falling interest rates have, at least for now, taken off some of the pressure of rising home prices in the affordability equation.  The U.S. quarterly existing single-family median home price rose to a record $279,600 in Q2 2019, a 12-month gain of 4.3 percent according to the National Association of Realtors® (NAR). The following table …Read more

Existing Home Sales in February 2019 Up Sequentially from January by 11.8 Percent, But Were Down 1.8 Percent from a Year Ago on A Seasonally Adjusted Annualized Basis

Existing home sales jumped 11.8 percent from January 2019 to February 2019 on a seasonally adjusted annualized rate, the largest one-month gain seen since December 2015.  Sales rose to 5.51 million on a seasonally adjusted annualized basis (SAAR) according to National Association of Realtors® (NAR).  February sales, however,  were off 1.8 percent on a year-over-year …Read more

Existing Home Sales October 2018 — Down 5.1% Year-Over-Year on a Seasonally Adjusted Basis, But Up 1.4% Sequentially from September

Existing home sales gained some daylight in October 2018 versus the prior month, increasing 1.4 percent to 5.22 million on a seasonally adjusted annualized basis (SAAR) according to National Association of Realtors® (NAR).  October sales, however,  were off 5.1 percent on a year-over-year comparison.    On an unadjusted basis, housing sales in the first 10 …Read more