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Industry Observer - CDRE #01044712

ARCHIVED BLOG POSTS

2016 

On November 30, 2015, National Association of Realtors® (NAR) reported that nationwide pending contract signed home sales were higher 0.1% to an index of 110.0 in October of 2016 from an index of 109.9 in September of 2016, and increased 1.8% from an index of 108.1 in October of 2015.Pending home...
11/30/2016
On November 22, 2016, California Association of Realtors (C.A.R) reported that pending home sales Index (PHSI) declined 6.7% to 119.1 in October of 2016 from 127.7 index in September of 2016, but up 1.5% from Index of 117.3 in October of 2015 on an annual basis based on signed contracts.Regionall...
11/29/2016
On November 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 lower 1.9% to an annual rate of 563,000 homes in October of 2016 from 574,000 homes in September of 2016, but gained 17.8% from October of 2...
11/29/2016
On November 22, 2016, National Association of Realtors® (NAR) reported on median home value price was $232,200 in October of 2016 higher 6.0% from the price of $219,100 in October of 2015. Single family home sales gained 2.3% to annual rate of 4.99 million unit in October of 2016 from the annual ...
11/28/2016
On November 22, 2016, PropertyRadar reported home sales fell 6.3% in October of 2016 from in September of 2016, and declined 3.1% of from October of 2015 in Southern California. While, the distressed sales dropped 9.9% in October of 2016 from in September of 2016, and down 22.7% of from October o...
11/28/2016
On November 17, 2016, Mikkie Mills of Rismedia.com suggested the fallowing tips about the right time to sell a home.1. When your current home is no longer a good fit for your needs.2. When the market favors the seller.3. Your mortgage is paid.4. Your current interest rate is high.Perhaps, there a...
11/27/2016
On November 17, 2016, Mikkie Mills of Rismedia.com suggested the fallowing tips about the right time to sell a home.1. When your current home is no longer a good fit for your needs.2. When the market favors the seller.3. Your mortgage is paid.4. Your current interest rate is high.  Perhaps, there...
11/26/2016
On November 16, 2016, California Association of Realtors (C.A.R) reported that homes values decreased 2.7% to an avarage price of $247,590 in October of 2016 from $254,330 in September 2016, and jumped 7.0% from price of $231,330 in October of 2015. While, homes sales declined 5.3% in October of ...
11/26/2016
On November 16, 2016, California Association of Realtors (C.A.R) reported that homes values increased 1.1% to an avarage price of $355,950 in October of 2016 from $352,250 in September 2016, and jumped 7.9% from price of $330,000 in October of 2015. While, homes sales fell 8.9% in October of 2016...
11/25/2016
On November 22, 2016, National Association of Realtors (NAR) reported that regional existing home sales in the Northeast grew 1.4% in October of 2016 to an annual rate 750,000 homes from September of 2016, and up 1.4% from October of 2015. The median price in the Northeast was $255,500 in October...
11/25/2016