John Pusa's Blog

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Industry Observer - CDRE #01044712
RECENT BLOG POSTS
 Each year on 2nd of February, and today on Friday February 02, 2024, we celebrate Groundhog Day.Hopeful Punxsutawney Phil will communicate in "Groundhogese" that he didn’t see his shadow, meaning we'll see at least a month and a half warm weather.Hopefully, next year we will have better predicti...
02/02/2024
On January 17, 2024, National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for newly built single family homes gained seven points to 44 points in January of 2024 from 31 points in December of 2023.The HMI component charting present sales conditions rose seven points at 48 ...
02/01/2024
On January 18, 2024, The National Association of Home Builders (NAHB) Remodeling Market Index (RMI) gained 2 points to 67 points in the 4th quarter of 2023 from 65 points in the 3rd quarter of 2023.The current market conditions index increased 2 points to 74 points in the 4th quarter of 2023 from...
02/01/2024
On January 30, 2024, The Federal Housing Finance Agency (FHFA) announced that the U.S. house price higher 0.3% in November of 2023 from October of 2023, and up 6.6% from November of 2022 based on home sales values obtained from mortgages sold to or guaranteed by FNMA and Freddie Mac.Nationwide, a...
01/31/2024
On January 9, 2024, Realtor.com reported that in La Canada, California median list price was $3,195,000 in December of 2023 higher from $2,750,000 in November of 2023 and jumped 19.0% from $2,592,000 in December of 2022. While, median sales price for a home and a condo was $2,400,000 in December ...
01/31/2024
On January 25, 2024, Realtor.com reported the fallowing nationwide median weekly housing trends for the week ending January 20, 2024Total available listings gained 8.6% for the week ending January 20, 2024, from the same period of time in January of 2023.Time on the market lower 4 days for the we...
01/30/2024
On January 26, 2024, National Association of Realtors® (NAR) reported that nationwide pending contract signed home sales rose 8.3% to an index of 77.3 in December of 2023 from an November of 2023, and higher 1.3.% from December of 2022.Pending home sales index in the Northeast declined 3.0% to an...
01/30/2024
On January 17, 2024, California Association of Realtors (C.A.R) reported the homes values down 5.0% to the price of $853,340 in December of 2023 from price of $897,990 in November of 2023, but gained 6.7% from price of $799,670 in December of 2022 in Los Angeles County, California. While, homes s...
01/29/2024
On January 17, 2024, California Association of Realtors (C.A.R) reported the homes values down 2.0% to the price of $607,500 in December of 2023 from price of $620,000 in November of 2023, but gained 5.7% from price of $575,000 in December of 2022 in Riverside County, California. While, homes sal...
01/29/2024
On January 19, 2024, National Association of Realtors® (NAR) reported the median home value price was $382,600 in December of 2023 gained 4.4% from the price of $366,500 in December of 2022.Single family home sales were at annual rate of 3.40 million units in December of 2023 declined 0.3% from t...
01/28/2024