Single-Family Housing Starts Hold Steady For The 8th Straight Month

March 18, 2010 by Real Estate News · Leave a Comment 

Single-family Housing Starts idled last month, dropping just 3,000 units from the month prior, or 0.2%. According to the Commerce Department’s report, February marked the 8th straight month in which Housing Starts straddled the half-million marker, dating back to June 2009.

Existing Home Sales Remain on a Positive Trendline

March 2, 2010 by Real Estate News · Leave a Comment 

Anecdotal evidence is showing sales activity higher through February and into March. And, although it’s unlikely we’ll see a spike through April like we did last November, buy-side demand for homes should remain strong. The good news of the sagging sales reports is that today’s buyers may find home prices are lower and sellers are more willing to negotiate.

As The Supply Of New Homes Grows, So Does The Opportunity For A “Good Deal”

February 25, 2010 by Real Estate News · Leave a Comment 

New Home Sales fell 11 percent from the month prior and posted the fewest units sold in a month since 1963 — the year the government first started tracking New Home Sales data. It may be good for home buyers.

There’s A Very Good Reason Why The New Home Sales Data Plunged In November

December 24, 2009 by Real Estate News · Leave a Comment 

One day after November’s Existing Home Sales report blew away estimates, the Census Bureau’s related New Homes Sales report failed to impress. In a lackluster showing, New Home Sales dropped 11 percent in November, falling to the lowest levels since April. Furthermore, the all-important “months of supply” climbed by a half-month to 7.9. But there’s a very good reason why.