Posts Tagged ‘home sales’

Foreclosures Decline 24 Percent June 2012 Vs. June 2011 CoreLogic Reports. HARP Lending 18 Percent of Residential Lending Mix Per Freddie Mac

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Ted C. Jones
Jul31
2

CoreLogic, a premier provider of real estate and consumer related data, just released the latest info on U.S. housing markets from a default perspective. Another report from Freddie Mac adds to this, as well as an excellent summary by the Mortgage Bankers Association (MBA). Key… Read more

Another Top-10 List: Largest Asking Price Increase

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Ted C. JonesTed C. Jones
Jul25
0

The big story in housing is actually two stories (which are related): Rising Listing Prices Shrinking Inventory Each month, The National Association of Realtors® (NAR) tracks assorted listing data in 146 markets nationwide. The two story trends noted above include:  More than 75 percent of… Read more

Phoenix — Improving and Coming Back

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Ted C. JonesTed C. JonesTed C. Jones
Jul24
0

One of the definitions of the word phoenix is a renewal after a calamity, and that is so appropriate for the real estate markets and economy of Phoenix, Arizona. I had the opportunity to again make the annual journey and speak in Phoenix this week… Read more

Another Top 10 City List: Best Places to Invest in Rental Property

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Ted C. JonesTed C. JonesTed C. JonesTed C. Jones
Jun29
0

Homevestors (We Buy Ugly Houses®) based on analyses completed by Local Market Monitor ranked cities selecting the top markets to invest in rental housing.   They report current median home prices, forecast 2015 median home values, projected annual rent in 2015, and the premium of return… Read more

And Another Top 10 City List: Most Affordable U.S. Cities to Buy a Home

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Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
Jun06
0

Home affordability is a function of the cost of the home, monthly payments (mortgage payment, taxes and insurance), and the level of income at that locale.  The National Association of Home Builders and Wells Fargo compiled a list of the 10 Cities With the Most… Read more

New Home Sales — The BIG Story is Minimal Inventory, The Lowest in a Decade

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Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
May31
0

The new home sales numbers look like the profile of a double black diamond ski run, with moguls at the bottom of the hill.  Good news is that we have finally run out hill, so to speak, and are just now starting to head up… Read more

Another Top 10 List: Largest March to April Listing Price Increase–And Year-Over-Year Listings Dropped in 141 of 146 Metro Markets

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Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
May30
0

Realtor.com, which has more than 4.2 million active residential listings, each month tallies the top 10 metros for the largest increase in median listing price.  Changes in asking prices are typically correlated with changing market conditions, and once again these indicate a recovering housing market…. Read more

April Existing Home Sales Up 10 Percent Year-Over-Year — Median Home Price Up 10.1 Percent Year-Over-Year — Yee Haw!

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Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
May23
1

As I had written earlier this year, the U.S. housing market is finally turning the corner—and that is amplified in the release of April existing housing sales and prices from the National Association of Realtors®.  [As always, I invoke the “There Is No Such Thing… Read more

Shrinking Inventory and Rising List Prices: Continuing Signs of a Recovering Housing Market

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Ted C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. JonesTed C. Jones
May15
2

There are positive signs spanning the spectrum indicating a turning real estate market despite some weak spots across the country.  Just a few days ago,  USA Today reported that the number of existing homes for sales had dropped 22 percent from a year ago and… Read more

Second Homes No Longer Second Seat as Demand Grows

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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
May14
0

Despite increased energy costs, the second home market—like the primary dwelling market—continues to heal albeit in a new mode not seen in the days of cheaper gasoline. A recent series of articles on second homes shows a new approach to second homes coupled with rising… Read more