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Industry Observer - CDRE #01044712

ARCHIVED BLOG POSTS

2023 

8 Comments
On June 29, 2023, National Association of Realtors® (NAR) reported that nationwide pending contract signed home sales decreased 2.7% to an index of 76.5 in May of 2023 from April of 2023, and dropped 22.2% from May of 2022.Pending home sales index in the Northeast gained 12.9% to an index of 66.7...
06/30/2023

6 Comments
On June 7, 2023, Realtor.com reported that in La Canada, California median list price was $2,764,500 in May of 2023 lower from $2,997,499 in April of 2023, but jumped 13.0% from $2,395,000 in May of 2022. While, median sales price for a home and a condo was $2,500,000 in May of 2023, rose 9.0% fr...
06/29/2023

6 Comments
On June 27, 2023, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau reported nationwide new single family home sales increased 12.2% to an annual rate of 763,000 homes in May of 2022 from 680,000 homes in April of 2022, and rose 20.0% from an annual rate of 636...
06/29/2023

6 Comments
On June 21, 2023, National Association of Realtors® (NAR) reported that median home value price was $396,100 in May of 2023 lower 3.1% from the price of $408,600 in May of 2022.Single family home sales were at annual rate of 3.85 million units in May of 2023 decreased 0.3% from the annual rate of...
06/28/2023

4 Comments
On June 27, 2023, The Federal Housing Finance Agency (FHFA) announced that the U.S. house price gained 0.7% in April of 2023 from March of 2023, and higher 3.8% from April of 2022, based on home sales values obtained from mortgages sold to or guaranteed by FNMA and Freddie Mac.Nationwide, among n...
06/28/2023

8 Comments
On June 16, 2022, California Association of Realtors (C.A.R) reported that homes values gained 2.3% to an average price of $629,000 in May of 2023 from an average price of $615,000 in April of 2023, but declined 3.2% from $650,000 in May of 2022. While, homes sales jumped 12.7% in May of 2023 fro...
06/27/2023

12 Comments
On June 20, 2023, California Association of Realtors (C.A.R) reported that homes values gained 1.8% to an average price of $574,990 in May of 2022 from an average price of $565,000 in April of 2022, but declined 3.5% from $805,000 in May of 2021. While, homes sales jumped 13.9% in May of 2022 fro...
06/27/2023

6 Comments
On June 16, 2022, California Association of Realtors (C.A.R) reported that homes values gained 2.6% to an average price of $1,256,500 in May of 2023 from an average price of $1,225,000 in April of 2023, but declined 3.0% from $1,295,000 in May of 2022. While, homes sales jumped 24.4% in May of 20...
06/26/2023

2 Comments
On June 21, 2023, National Association of Realtors® (NAR) reported that regional existing home sales in the Northeast down 2.0% to an annual rate 500,000 homes in May of 2022 from of April 2022, and dropped 24.5% from May of 2021. The median price in the Northeast was $439,000 in May 2022, higher...
06/26/2023

8 Comments
On June 20, 2023, California Association of Realtors (C.A.R) reported homes values higher 1.9% to the price of $800,000 in May of 2023 from price of $785,000 in April of 2023, but lower 5.3% from price of $845,000 in May of 2022 in Southern California. While, homes sales jumped 19.4% in May of 20...
06/25/2023
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