Unemployment Highest Since 11/01, Home Sales Down
Ah, with the bubble bursting our crappy economy is now becoming exposed. New Unemployment claims jumps to 493,000. AP:The four-week [unemployment claims] moving average, which smooths out fluctuations,...
View ArticleHousing Sales/Price Decline Matches Great Depression Rate
All you have to do is click on any news aggregrator to see the new median home price for resales is $181,300 and new homes, median price is $220,400. Still not really affordable for your average U.S....
View ArticleConsumer Confidence - You're not buying the "recovery" spin and who is buying...
With all of the main stream media economic recovery is here cheerleading rah rah, one would have expected consumer confidence to increase. But, guess what, it didn't.
View ArticleHome Sales & Prices - NAR Q2 2009 Survey
The National Association of Realitors has released Q2 2009 home prices & sales survey results.First the good news. Sales increased 3.8% from Q1 2009, although still down 2.9% from Q2 2008....
View ArticleHome Sales & Prices link fest
Home sales jumped 9.6% in July 2009. We have a lot of experts out there looking at the latest housing data, many with different conclusions on what it means than the MSM. My own feeling is home prices...
View ArticleFirst-time home buyer tax credit
The pending home sales numbers shot up today. But like the cash-for-clunkers program effecting the ISM numbers, another expensive federal program is boosting these numbers. The Pending Home Sales...
View ArticleHome Prices Down, Sales Up, 30% of Sales Distressed
NAR quarterly is reporting Q3 home prices slide nationwide. (From WSJ):median home prices continued to decline, falling in 123 of 153 metro areas compared with the same period last year. The national...
View ArticleNew Residential Home Sales Decline, -0.9% in January 2012
In January, New Residential Single Family Home Sales decreased by -0.9%, or 321,000 annualized sales. This report has a ±16.6% monthly margin of error. December single family home sales were...
View ArticleNew Residential Home Sales Decline, -1.6% in February 2012
In February, New Residential Single Family Home Sales decreased by -1.6%, or 313,000 annualized sales. This report has a ±23.9% error margin.
View ArticleNew Residential Home Sales See -7.1% Decline in March 2012
In March 2012, New Residential Single Family Home Sales decreased by -7.1%, or 328,000 annualized sales. This report has a ±20.7% error margin.
View ArticleExisting Home Sales Increase 0.8% for February 2013
NAR reported their February 2013 Existing Home Sales. Existing home sales increased 0.8% from last month and inventories increased to a still very tight 4.7 months of supply. Existing homes sales...
View ArticleExisting Home Sales Decline 0.6% for March 2013
NAR reported their March 2013 Existing Home Sales. Existing home sales decreased -0.6% from last month and inventories increased to a still very tight 4.7 months of supply. Existing homes sales have...
View ArticleBubble, Bubble, Toil and Trouble as Existing Home Sales Rise for May 2013
The NAR reported existing home sales jumped 4.2% from last month and inventories are still a very tight 5.1 months of supply for May 2013. Existing homes sales have increased 12.9% from a year ago....
View ArticleExisting Home Sales Drop -1.2% for June 2013
The NAR reported existing home sales declined -1.2% from last month and May figures were revised down by 40,000 annualized units. The revision gives a 3.4% monthly May gain instead of the 4.2%...
View ArticleExisting Home Sales - Affordability at Five Year Low
The NAR reported existing home sales declined -1.9% from last month and are up 10.7% from last year. Sales have increased on a yearly basis for the last 27 months in a row. Inventories are still a...
View ArticleExisting Home Sales Go Negative for the First Time in 29 Months
The NAR reported existing home sales plunged -4.3% from last month and are down -1.2% from last year. This is the first yearly decline in existing home sales since June 2011, a full 29 months ago....
View ArticleExisting Home Sales Soaring Highs Deceptive
The NAR reported existing home sales increased 1.0% from last month and are down -0.6% from December of last year. This is the 2nd decline from from year ago, previously not seen since June 2011....
View ArticleDon't Blame the Weather For Existing Home Sales -5.1% Drop
The NAR reported existing home sales plunged -5.1% from last month and are down -5.1% from January of last year. This is the 3rd decline from from year ago. Existing home sales are now at July 2012...
View ArticleExisting Home Sales Feed Wall Street's Surge
The existing home sales headlines blare this is the highest increase for 2014. That is true, yet the increase isn't much of a soar, more of a bounce back from last month's -1.75% decline. The NAR...
View ArticleExisting Home Sales Fell Like Snow For January 2015
The bitter cold blew in more than snow for January. Existing home sales suffered as well with a -4.9% decline in sales for the month. This is the biggest monthly drop off in nine months with single...
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