Author Archive

How Lapses of the National Flood Insurance Program Affect Home Sales

While The National Flood Insurance Program’s (NFIP) authority to write flood insurance expires at the end of next month, NAR conducted an analysis to estimate the impact of NFIP lapses on home sales.  Based on the latest available data,...

Raw Count of Home Sales (June 2017)

Existing-home sales dropped 1.8 percent in June from one month prior while new home sales rose 0.8 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of...

Where Does Job Growth Outpace New Housing Construction?

In the last five years, San Francisco metropolitan area added 345,700 new jobs, but issued permits for only 20,241 single-family units. Meanwhile, home prices increased by 54 percent[1]. During the same period, Houston created 307,500 new jobs and permitted...

‘Open House:’ A Tradition Still Alive and Growing

Do you scan the paper to find open houses while you are drinking your Sunday coffee? Despite all the changes technology has made in the housing market, the Sunday open house has undoubtedly been a tradition in real estate...

Instant Reaction: May Owners’ Gains Forecast

The S&P CoreLogic Case-Shiller National Index shows that U.S. prices of single-family homes continue to rise. The national index level in May reached a new high and is up 5.6 percent from a year earlier.  But what does this...