Author Archive

Growth of Property Values

Developing wealth is a hot topic in today’s economy. Some individuals have come to realize one efficient means of developing wealth is through home ownership and real estate. One way to determine this would be looking at the property...

May 2017 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this May rose modestly 1.1 percent from last month and improved 2.7 percent from last year. May’s existing home sales reached the 5.62 million seasonally adjusted...

April 2017 Housing Affordability Index

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates increased to 4.11 percent this April, up compared to 3.89 percent a year ago. Housing affordability declined from a year...

April 2017 Pending Home Sales

NAR released a summary of pending home sales data showing that April’s pending home sales pace is down 1.3 percent from last month and are down 3.3 percent from a year ago. Pending sales are homes that have a...

April 2017 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this April slid 2.3 percent from last month but modestly improved 1.6 percent from last year. April’s existing-home sales reached the 5.57 million seasonally adjusted annual...