Author Archive

Latest Housing Affordability Data

At the national level, housing affordability is up for the month of February due to an increase in home prices and minimal movement in wages. What is affordability like in your market? Housing affordability is up for the month...

A deeper look at the latest Existing Home Sales data

Last week, NAR released a summary of existing home sales data showing that existing home sales declined again for the sixth time in seven months. February showed a decrease in sales of 0.4% from last month and 7.1% from...

January EHS Release: Existing Home Sales Drop While Prices Rise

Last week NAR released a summary of existing home sales data showing that existing home sales will start the 2014 year off with the slowest pace in 18 months. January showed a decrease in sales of 5.1% from last...

December Housing Affordability Index (HAI)

At the national level, housing affordability is down slightly for the month due to a small gain in prices as rate gains remain low, causing affordability to be down for the year. What is affordability like in your market?...

A Deeper Look at the Latest Existing Home Sales Data

NAR released a summary of existing home sales data showing that overall existing home sales for 2013 reached a 7 year high of 5.09 million. December showed a slight decrease of 0.6% from a year ago. Existing home sales...