by Jon Terry | Apr 19, 2012 | Blog, Buying A Home, Housing Analysis, Residential Real Estate, The Economy
The housing market took a step back in February, but remains near post-recession highs. According to data from the National Association of REALTORS®, February’s Pending Home Sale Index slipped .5% from the month prior, to 96.5. The Pending Home Sales Index is a...
by Jon Terry | Feb 2, 2012 | Blog, The Economy
This week, once more, we find mortgage rates are on a downward trajectory. Conforming mortgage rates have returned to near all-time lows. After this morning’s Non-Farm Payrolls report, however, those low rates may come to an end. It’s a risky time for...
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 | Oct 28, 2011 | Blog, Buying A Home, Buying in a Recession, Housing Analysis, Real Estate Definitions, Residential Real Estate, The Economy
Nationwide, fewer homes are going under contract to sell. According to the National Association of REALTORS®, the Pending Home Sales Index fell 5 percent last month. September marks the fourth consecutive month in which the index has dropped. The Pending Home Sales...
