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ARCHIVED BLOG POSTS

2014 

According to the S&P/Case-Shiller 10 and 20-City Home Price Indices released Tuesday, the U.S. Housing Market is on a roll based on year-over-year increases in average home values, but month-to-month results were mixed. The 10 and 20-City Home Price Indices showed year-over-year growth of 13.80 a...
01/30/2014
The NAR provided great year-end news as existing home sales in December pushed 2013 sales of existing homes to a 7 year high. December's reading of 4.86 sales of pre-owned homes came in at 4.87 million on a seasonally adjusted annual basis. Although projections had been for 4.89 million sales, th...
01/27/2014
Last week was an action-packed week for economic news, and all of it was packed into Thursday: Weekly Jobless claims came in at 326,000 which was lower than the expected 330,000 new claims. This week's claims were higher than the prior week's 325,000 new jobless claims filed. The NAR released its...
01/27/2014
Welcome news arrived last week as lower mortgage rates and a higher number of housing starts were reported. Other economic news was mixed: The Federal Reserve released its Beige Book Report released last Tuesday indicated modest economic growth throughout the 12 Federal Reserve districts. Analyst...
01/20/2014
Have you made it your New Year's resolution to find that perfect home for you and your family? You might have thought that you needed to wait until spring to start house shopping, but the fact is that January is a great time to begin. Put on your winter jacket and get out there while the leftover...
01/16/2014
The first post-holiday week of 2014 brought mixed economic and housing-related news. CoreLogic reported via its Housing Market Index that November home prices grew by 11.80 percent year-over-year. This was just shy of October’s year-over-year reading of 11.90 percent. As with Case-Shiller’s recen...
01/13/2014
Your home is your castle and its decor is a unique artistic expression of your tastes and aesthetic. In order to keep your home decor looking fresh and up to date rather than stale, it's important to pay attention to the trends as they shift and change. This is especially important if you are sel...
01/08/2014
The Case-Shiller 10 and 20-City Home Price Indices for October were released on December 31. Although home prices in most cities continued to show year-over-year gains, the pace of home price appreciation is expected to slow in 2014. Year-over-year increases have been in double digit territory si...
01/06/2014
The last week of 2013 brought relatively good news in view of the economic roller coaster rides caused by legislative impasse. A brief shutdown of federal government agencies, and nail-biting suspense over if and when the FOMC of the Federal Reserve would taper its quantitative easing program. La...
01/06/2014
The holiday season and winter weather slowed home sales in November. Last week, the NAR reported that sales of existing homes had slumped to their lowest level in nearly a year, but this was not unexpected. Short supplies of available homes and rising mortgage rates have increased pent-up demand ...
01/01/2014
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BobElliot

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