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Industry Observer - CDRE #01044712

ARCHIVED BLOG POSTS

2016 

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On July 18, 2015, National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for newly built single family homes down one point to 59 points in July of 2016 from 60 points in June of 2016.The HMI gauging sales expectations lower one point to 63 points, HMI buyer traffic index de...
07/30/2016

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On July 27, 2016, National Association of Realtors® (NAR) reported that nationwide pending contract signed home sales were higher 0.2% to an index of 111.0 in June of 2016 from an index of 110.8 in May of 2016, and increased 1.0% to an index of 109.9 from June of 2015.Pending home sales index in ...
07/30/2016

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On July 25, 2016, California Association of Realtors (C.A.R) reported that pending home sales Index (PHSI) dropped 7.0% to 127.3 in June of 2016 from 136.5 index in May of 2016, but rose 3.2% from Index of 123.4 in June of 2015 on an annual basis based on signed contracts.Regionally, in the Bay a...
07/29/2016

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On July 26, 2016, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau reported nationwide new single family home sales increased 3.5% to an annual rate of 592,000 homes in June 2016 from May 2016 of 472,000 homes, and jumped 25.4% from June of 2015 an annual rate...
07/29/2016

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On July 18, 2016, California Association of Realtors (C.A.R) reported that homes values increasd 0.1% to an avarage price of $245,220 in June of 2016 from $245,080 in May 2016, and gained 6.0% price of $231,300 from June of 2015. While, homes sales rose 8.6% in June of 2016, from May of 2016 but ...
07/26/2016

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On July 21, 2016, National Association of Realtors® (NAR) reported on median home value price was $247,700 in June of 2016 higher 4.8% from the price of $236,300 in June of 2015.Single family home sales were higher 0.8% to annual rate of 4.92 million unit in June of 2016 from the annual rate of 4...
07/26/2016

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On July 18, 2016, California Association of Realtors (C.A.R) reported that homes values gained 1.1% to an avarage price of $357,810 in June of 2016 from $353,900 in May 2016, and increased 6.1% price of $337,380 from June of 2015. While, homes sales rose 8.1% in June of 2016, from May of 2016 and...
07/26/2016

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On July 14 2016, Maria Patterson of Rismedia.com about fallowing several questions to ask when interviewing an agent for listing presentation.1. What did the last home you sold in this area go for? 2. How will you expose my home…and how will you follow up with leads?3. What’s your opinion on open...
07/25/2016

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On July 21, 2016, PropertyRadar reported single-family homes and condominium sales jumped 8.1% to 41,291 in June of 2016 from 38,198 in May of 2016, but dropped 4.5% of 43,227 units from June of 2015. The median home price was higher 1.4% to $441,250 in June of 2016 from May of 2016 price of $435...
07/25/2016

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On July 18, 2016, California Association of Realtors (C.A.R) reported that homes values gained 7.5% at an avarage price of $502,190 in June of 2016 from $467,290 in May 2016, and increased 6.1% price of $473,290 from June of 2015. While, homes sales rose 6.9% in June of 2016, from May of 2016 and...
07/25/2016
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