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Industry Observer - CDRE #01044712

ARCHIVED BLOG POSTS

2016 

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On June 16, 2015, National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for newly built single family homes gined two points to 60 points in June of 2016 from 58 points in April of 2016. The HMI gauging sales expectations higher five points to 70 points, HMI buyer traffic i...
06/30/2016

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On June 29, 2016, National Association of Realtors® (NAR) reported that nationwide pending contract signed home sales were lower 3.7% to an index of 110.8 in May of 2016 from an index of 115.0 in April of 2016, and down 0.2% to an index of 111.0 from May of 2015.Pending home sales index in the No...
06/29/2016

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On June 22, 2016, National Association of Realtors® (NAR) reported that nationwide existing home sales increased 1.8% to annual rate of 5.53 million homes in May of 2016 from 5.43 million homes in April of 2016, and higher 4.5% of 5.29 million homes from May of 2015.There were 2.15 million homes ...
06/29/2016

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On June 21, 2016, Evan Bindelglass of curbed.com listed the fallowing home inspection checklist to help buyers discover any potential issues with the property.1. Oil tank2. HVAC system3. Roof4. Structural integrity of the chimney5. Water drainage and disbursement6. Electricity system7. Foundation...
06/28/2016

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On June 23, 2016, The Federal Housing Finance Agency (FHFA) reported that Fannie Mae and Freddie Mac completed approximately 49,573 foreclosure prevention actions in the 1st quarter of 2016, to a total of over 3.7 million, including over 3.0 million borrowers stay in their homes, and in additiona...
06/28/2016

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On June 23, 2016, California Association of Realtors (C.A.R) reported that pending home sales Index (PHSI) dropped 3.6% to 136.5 in May of 2016 from 141.6 index in April of 2016, but rose 3.8% from Index of 131.4 in May of 2015 on an annual basis based on signed contracts.Regionally, in the Bay a...
06/27/2016

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On June 22, 2016, The Federal Housing Finance Agency (FHFA) announced that the U.S. house price were higher 0.2% in April of 2016 from March of 2016, and gained 5.9% from April of 2015 based on home sales values obtained from mortgages sold to or guaranteed by FNMA and Freddie Mac.Nationwide, amo...
06/27/2016

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On June 22, 2016, National Association of Realtors (NAR) reported that regional existing home sales in the Northeast rose 4.1% to an annual rate of 770,000 in May of 2016 from April of 2016, and higher 11.6% from May of 2015. The median price in the Northeast was $268,000 in May of 2016, up 0.1% ...
06/26/2016

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On June 22, 2016, National Association of Realtors® (NAR) reported on median home value price was $239,700 in May of 2016 higher 4.7% from the price of $228,900 in May of 2015. Single family home sales gained 1.9% to annual rate of 4.90 million unit in May of 2016, from the annual rate of 4.81 mi...
06/25/2016

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On June 23, 2016, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau reported nationwide new single family home sales decreased 6.0% to an annual rate of 551,000 homes in May 2016 from April 2016 of 486,000 homes, and jumped 8.7% from May of 2015 an annual rate ...
06/24/2016
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