by Jon Terry | Jul 27, 2012 | Blog, Housing Analysis
Home resales slipped more than 5 percent last month, putting a damper recent housing market enthusiasm. According to the National Association of REALTORS®, Existing Home Sales fell to 4.37 million units in June 2012 on a seasonally-adjusted annualized basis. This is...
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 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...
