Posts Tagged ‘existing home sales’

Comparative and Forecast Residential Lending Volumes — They Can Change Significantly in Short Periods

Posted by

Ted C. Jones
Dec15
2

Frequently I am asked either what historical lending has been, or what total lending will be next year. Unlike the ebb and flows of the ocean tide, residential lending volume changes have been more akin to the wildest roller coaster ride in the world. And… Read more

Another Top 10 List: The Hottest Global Housing Markets

Posted by

Ted C. JonesTed C. Jones
Dec11
0

Knight Frank offers both residential and commercial real estate property brokerage and rental services in 43 countries, and reports research on 55 countries. AOL Real Estate analyzed housing value changes in the Knight Frank research pool, and reported those top markets based on increase in… Read more

Another Top-10 City List: The Most Affordable Cities For Homebuyers With Competitive Wages

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Ted C. JonesTed C. JonesTed C. Jones
Nov27
0

The stagnant economy and massive liquidity actions from the Federal Reserve have driven interest rates to record lows. Freddie Mac, which has tracked residential mortgage loan rates since 1971, reported 30-year fixed loans this week at 3.31 percent while 15 year rates were 2.63 percent…. Read more

Local Housing Prices and Other Considerations

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Ted C. JonesTed C. JonesTed C. JonesTed C. Jones
Nov20
3

Earlier today I wrote about the impressive 4.4 percent increase in median existing home prices (12-month moving average ending October 2012 compared to the prior 12-months) that was reported by the National Association of Realtors® (NAR). Even stronger is a forecasted 5.1 percent increase in… Read more

October 2012 Existing Home Sales Up More Than 10 Percent Compared to October 2011 — 4.79 Million SAAR This Year Vs. 4.32 Million Last Year

Posted by

Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
Nov20
0

Housing continues to make a comeback following the real estate depression of 2007 through 2011. Job growth (albeit tepid), rising rents and population growth are the trifecta to increased sales and prices. October 2012 saw a Seasonally-Adjusted Annualized Sales Rate (SAAR) of 4.79 million existing… Read more

The Only Thing Not Rising In Rental Markets is the Vacancy Rate — And the Future Portends More of the Same

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Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
Nov12
0

The planets are lining up, so to speak, making residential rental property owners positive about expectations, and at the same time with tenants facing a prognosis of ongoing rising rents amid a mounting wave of demand for properties.  Perhaps more significantly, this trend is expected… Read more

Home Mortgage Interest Deduction

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Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
Oct31
2

As the U.S. continues deeper into the abyss given massive federal deficits and looming spending increases on entitlements, Congress and the President are scrambling for potential spending cuts and tax increases. Included in this discussion is a potential to limit or eliminate the mortgage interest… Read more

Top 10 Recovering Markets

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Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
Oct30
0

Jobs are everything creating demand for real estate. Period. Then add to that the supply and demand for real estate, and most questions are answered regarding value changes and price trajectory. That said, national median list prices of homes for sale increased 2.54 percent in… Read more

Rapidly Shrinking Shadow Inventory Reported by the HousingWire — A Look at the Supply Side of the Equation (written September 25, 2012)

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Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
Sep27
2

Earlier today I wrote about how economic demand for real estate in some small towns was increasing. I stated “Economics 101 teaches us that price changes in assets, goods and services are a function of supply and demand. The economic demand (versus demographic demand) for… Read more

2011 Residential Lending– The Fewest Number in 16 Years (written by Ted on September 24, 2012)

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Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
Sep27
0

RISMedia, in referencing a Philadelphia Inquirer article from September 23, 2012, reported on 2011 residential lending data available through the Home Mortgage Disclosure Act (HMDA). The total number of residential loans completed in 2011 was the lowest in 16 years. Not only were there fewer… Read more