by Jon Terry | Mar 3, 2012 | Blog, Housing Analysis
The housing market appears headed for a strong spring season. After a brief setback in December, the Pending Home Sales Index resumed its climb in January, posting a 2 percent gain over the month prior. The data puts pressure on home buyers. This is because a...
by Jon Terry | Feb 18, 2012 | Blog, Housing Analysis
Low home prices and mortgage rates have combined to push home affordability to record levels nationwide. Home buyers are taking advantage. The Pending Home Sales Index rose 7 percent in November to rise to its highest level since April 2010, the last month of last...
by Jon Terry | Feb 8, 2012 | Blog, Buying A Home, Housing Analysis
New Home Sales slowed into the New Year but the market for newly-built homes remains strong. For home buyers in Colorado and nationwide, December’s New Home Sales report is yet one more signal that the housing market recovery may be underway. According to the...
by Jon Terry | Dec 7, 2011 | Blog, Buying A Home, Buying in a Recession, Housing Analysis, Residential Real Estate, Statistics
If you plan to buy new construction in the Denver area sometime in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be stabilizing and, in some markets, improving. As foreshadowed by...
by Jon Terry | Nov 30, 2011 | Blog, Buying A Home, Buying in a Recession, Housing Analysis, Residential Real Estate, The Economy
Standard & Poor’s released its September 2011 Case-Shiller Index this week. The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide. As compared to...
by Jon Terry | Nov 17, 2011 | Blog, Buying A Home, Buying in a Recession, Housing Analysis, Real Estate Definitions, Residential Real Estate, Statistics
Homebuilder confidence continues to rise. Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21. It’s the second straight month that the HMI posted a 3-point gain, catapulting...
