ARCHIVED BLOG POSTS
2019
Home price growth continued to slow in June according to Case-Shiller's 20-City Home Price Index. 17 cities reported higher home prices in June, but three cities reported lower home prices month-to-month. Seattle, Washington was the only city to report lower home prices year-over-year in June.Pho...
08/29/2019
Last week's economic news included readings from the National Association of Home Builders Housing Market Index and July readings on housing starts and building permits issued. Weekly readings on initial jobless claims and mortgage rates were also released. NAHB: Home Builder Sentiment Remains H...
08/26/2019
There is a joke about gated communities that says the walls are not just there to keep the people out but to keep the residents in. Living in a gated community that is subject to the rules of a homeowners' association (HOA) can be a pleasant or a severely irritating experience, depending on the p...
08/21/2019
Don't panic, a looming recession may be good news for those wanting to sell their homes. The experts say this recession may happen in 2020, so there is still plenty of time to make plans for how to deal with a potential economic downturn.In many parts of America, especially in popular cities, the...
08/19/2019
Last week's economic news included readings from the National Association of Home Builders Housing Market Index and July readings on housing starts and building permits issued. Weekly readings on initial jobless claims and mortgage rates were also released.NAHB: Home Builder Sentiment Remains Hi...
08/19/2019
When viewing a potential home, how much consideration should you give to the surrounding land?In many ways, the land should be carefully regarded, since land is the thing that is hardest to alter. You can rip up carpet, paint walls and even knock down walls, but it takes a lot more effort to chan...
08/13/2019
Last week's economic releases included readings on consumer credit, job openings and weekly reports on mortgage rates and first-time jobless claims. Consumer Credit Use, Job Openings Slow in JuneConsumer credit use slowed in June as credit card use lost ground. Non-revolving credit, which typica...
08/12/2019
The Federal Open Market Committee of the Federal Reserve announced the first rate cut to its key interest rate range since the Great Recession ushered in a series of rate cuts described as "quantitative easing." The Fed committee confirmed a quarter-point cut to 2.00 to 2.25 percent.Fed Chair Jer...
08/07/2019
Last week's economic news included readings from Case-Shiller on home prices, pending home sales, construction spending and a post-meeting statement from the Federal Open Market Committee of the Federal Reserve.Consumer sentiment was released along with Commerce Department reports on public and p...
08/05/2019
Home price growth slowed again in May according to Case-Shiller home price indices. Home price growth slowed for the 14th consecutive month to its lowest rate in 12 years. Case-Shiller's National Home Price Index showed 3.40 percent growth year-over-year in May as compared to April's year-over-ye...
08/01/2019
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Bob Elliot
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