ARCHIVED BLOG POSTS
2014
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On February 21, 2014, National Association of Realtors® (NAR) reported that nationwide existing home sales in January 2014 decreased 5.1% from December 2013, and 5.1% from January 2013. There were 4.9 months supplies of available inventory homes in January of 2014, higher from 4.6 months in Decem...
02/28/2014
California Condo & Town Home Sales January 2014 On February 19, 2014, California Association of Realtors (C.A.R) reported that condo and town-homes prices decreased 1.9% in January 2014 from December 2013, but increased 25.0% from January 2013. There were 4.0 months supplies of available inventor...
02/23/2014
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On February 19, 2014, California Association of Realtors (C.A.R) reported that home prices were higher 0.3% in January of 2014, from December 2013, but decreased 13.8% from January of 2013. There were 4.3 months supplies of available inventory single family homes in January of 2014, higher from 3...
02/21/2014
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On February 6th, 2014, Jed Kolko, Chief Economist of Trulia.com reported that asking home prices increased 1.1% from previous month, and 2.1% this quarter from previous quarter, and annually 11.4 from previous year. Nationwide 97 of the 100 largest metros areas were higher. I think, Trulia price ...
02/19/2014
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On February 11, 2014, National Association of Realtors (NAR) reported that regional existing home sales in the Northeast was lower 7.1% in 4th Quarter of 2013 from 3rd Quarter 2013, but 7.1% higher from 4th Quarter 2012. The average price in the Northeast was $241,000, higher 5.5% from 4th Quart...
02/18/2014
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Every year on the third Monday of February we celebrate Presidents' Day. This year we celebrate Presidents' Day on February 17, 2014. in the past, we observed Abraham Lincoln's birthday on February 12, and George Washington's birthday February 22. In 1971. President, Richard Nixon ordered the Pre...
02/17/2014
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On February 6, 2014, National Association of Home Builders/First American Leading Markets Index (LMI) released the top ten large and small markets index. The top ten large market index area is over 500,000 people, and small markets index is less than 500,000 population. Baton Rouge, Louisiana is...
02/16/2014
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On February 10, 2014, The Federal Housing Finance Agency (FHFA) announced that the Home Affordable Refinance Program (HARP) assisted over 3 million homeowners with mortgages refinance. Additionally, HARP mortgage refinance program has been extended to December 31, 2015, according to Stefanie John...
02/16/2014
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On February 7, 2014, The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the January 2014 edition of the Housing Scorecard on the nation’s housing market. The housing scorecard data shows most metropolitan areas significantly improving. More...
02/15/2014
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February 11, 2014, National Association of Realtors (NAR) reported housing affordability decreased in the 4t quarter of 2013. San Jose, CA. metro area had the highest average home price of $775,000, while Toledo, Ohio, had the most affordable an average price of $80,500. Nationwide, an average ho...
02/15/2014