Housing Market: Home Prices Increase 3.8% For Latest Year In July 2012, Biggest Increase Since 2006
5 09 2012Comments : 1 Comment »
Tags: CoreLogic, Home Values, Housing Market, Reports, Statistics
Categories : Home Values, Homes, Housing Market, Purchases, Reports, Statistics
Housing Market Remains Depressed As Poor U.S. Economic Health Reduces Homeowner Expectations Of New Home Purchases Retaining Value
18 08 2011
“…The employed remain worried about their own job security, which they see tied to overall U.S. economic health…”
- 41% of respondents in the Housing Market Index indicated that they had lost sales contracts due to buyers’ inability to sell their current homes
- This is an example of the unemployed impact on the broader marketplace, where it impedes the fluid economic progression of the employed, or the healthy market participants
- The traditional argument holds that although the old home must be sold cheaper than preferable, a new home is also acquired at better value
- These buyers worry about the future of the real estate market, specifically the risk of losing value post closing
For more: http://seekingalpha.com/article/288177-housing-insight-from-home-builders
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Tags: Home Prices, Home Values, Homeowners, Housing Market, Statistics
Categories : California, Economic Statistics, Home Values, Housing Market, Mortgage Industry, Purchases, Statistics, Surveys
A New Study By Pew Research Center Finds “Housing Bust” Has Reduced “Household Wealth” Of Black And Hispanic Americans More Than White Americans (Video)
27 07 2011As the economy struggles to rebound, a new analysis of Census data shows a widening wealth gap among white, black and Hispanic Americans. Gwen Ifill discusses the results of a new study with the Pew Research Center’s Paul Taylor and Howard University’s Roderick Harrison.
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Tags: Home Values, Housing Market, Housing Studies, Reports, Videos
Categories : Economic Statistics, Federal Government, Foreclosures, Home Values, Housing Market, Reports, Statistics, Surveys
S&P/Case-Shiller Home Price Index Shows Slight Increase In May 2011 With 4.51% Lower Values In Past 12 Months
26 07 2011
- The current Radar Logic 25 MSA Composite data reported on residential real estate transactions (condos, multi and single family homes) that settled as late as May 23 and averaged for the month. The data indicates that with increasing transactions in the spring has come increasing prices (the typical trend). The national index increased 1.14% since April but still remains 5.89% below the level seen in May 2010.
- S&P/CaseShiller home price index for the month of May comes in at 139.87, vs. the economist estimate of 139.80 and compared to a revised reading of 138.46 for the month of April.
- The index fell 0.05% on a month-over-month basis and 4.51% from the same month last year.
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Tags: Home Prices, Home Values, Prices, S&P Case/Schiller Index, S&P/Case-Shiller
Categories : Economic Statistics, Home Sales, Home Values, Homes, Housing Market, Purchases, Statistics, Surveys
