RECENT BLOG POSTS
Keeping you updated on the market! For the week of February 27, 2012 MARKET RECAP So are things getting better or worse? We ask because the latest data on existing-home sales fail to provide a definitive answer. Sale were up once again, increasing 4.3 percent to a 4.57 million annualized ...
02/26/2012
0
Comments
Keeping you updated on the market! For the week of February 6 , 2012 MARKET RECAP Some weeks we feel like Sisyphus: We push the boulder up the hill only to have it roll back down again. This is one of those weeks. Home prices, which were pushed higher through the first nine months of 2011...
02/05/2012
0
Comments
Keeping you updated on the market! For the week of January 30 , 2012 MARKET RECAP The data on housing were mixed this past week, but we would say that, for the most part, they listed more positively than negatively. Last Friday, the NAR reported sales of existing homes rose 5 percent to a...
01/29/2012
0
Comments
Keeping you updated on the market! For the week of January 23 , 2012 MARKET RECAP If you meet a homebuilder, don't be surprised if his gait is imbued with a little more pep and his voice tinctured with a little more enthusiasm, for his mood has likely been lifted by optimism these days....
01/21/2012
0
Comments
Keeping you updated on the market! For the week of January 16 , 2012 MARKET RECAP It's really all about the economy at this point. Fortunately, the economy is moving forward, albeit at what too-often seems a plodding pace. But moving forward we are. The Federal Reserve noted as much in it...
01/19/2012
0
Comments
Keeping you updated on the market! For the week of January 9 , 2012 MARKET RECAP We've said that strong job growth will be key to a successful 2012. Early signs are encouraging. Automatic Data Processing (ADP) reports that private payroll numbers surged 325,000 in December – more than dou...
01/07/2012
0
Comments
Keeping you updated on the market! For the month of January, 2012 MARKET RECAP The news is understandably slow the week between Christmas and New Year's Day. The most notable release was last Friday's news on new home sales, which rose to an annualized rate of 315,000 units in November, a...
01/07/2012
1
Comments
Keeping you updated on the market! December 28 , 2011 MARKET RECAP Much has been written and said on the depressing influence of shadow inventory on the housing recovery. Most of us are familiar with the ubiquitous refrain: excessive shadow inventory impedes recovery because it lowers h...
12/28/2011
2
Comments
Keeping you updated on the market! For the week of December 19 , 2011 MARKET RECAP Can we trust the data? Everyone is asking that question after the National Association of Realtors said it would revise its home sales data for the past four years. The revised data are scheduled for release th...
12/18/2011
Keeping you updated on the market! For the week of December 5 , 2011 MARKET RECAP Lower prices and still-low mortgage rates continue to create traction in the existing-home market. The pending home sales index is the latest in a series of recent data releases that prove that economic laws...
12/04/2011