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Review of Current Housing Bubble Potential
Introduction The U.S housing market has improved dramatically since the depths of the recession. Home prices in particular have grown significantly in recent years, nearing a full nominal recovery...
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Realtor.com® 2017 National Housing Forecast
Realtor.com® Forecasts Post-Election Economy to Result in Higher Mortgage Rates While Housing Delivers Slower Gains in 2017 Phoenix housing market predicted to be No. 1 out of 100 local metro...
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November Existing Home Sales Abnormally Strong
November existing home sales remained resilient according to the latest data released by the National Association of Realtors®. The November seasonally adjusted annualized rate of existing home sales...
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Existing Home Sales Pause After the Rush to Lock in Rates Subsides
Today, the National Association of Realtors release their report and figures for existing home sales. Existing home sales are down 2.8 percent from November, but up 0.7 percent since a year ago. Median...
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New Home Sales Continue to Disappoint
We had another disappointing report today on new home sales, which continued to show divergence with strength and growth in existing home sales. The Commerce Department reported a statistically...
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Home Sales Surge, Supply Dips.
The spring housing market is off to an early and strong start. With existing home sales for March at the highest level since the great recession, the limited number of homes that are on the market are...
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Affordably Priced Existing Home Sales Fell
Affordable and moderately priced existing home sales fell, swamping an increase in higher priced homes. This is due to high sales in March, lower inventory and mismatched supply and demand. Existing...
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Home Sales Growth Fooled Many Economists
Home sales growth fooled many economists by continuing their climbing trend in May. This month, their consensus was another decline after last month’s slip. But they missed the pattern. Sales are up...
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Home Builders Aren’t Following Market
May’s new home sales jumped a whopping 8.9 percent since last year. The increased sales is good news because it reflects the increase in new home construction in recent months. An influx of new homes...
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New Home Sales Stagnate, Edge Toward Affordability
May’s new home sales of 610 thousand edged up 0.8 percent in June, but over the past year it has been 9.1 percent. Increased sales is good news because it reflects the increase in new home construction...
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Sagging Sales, Building Inventory: Is the Market Cooling?
Existing home sales have been trending downwards over the last few months. They are down 4.4 percent since January after adjusting for seasonality.1 Prices have been trending upward. They are up 14...
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Pending Home Sales Dropped
Pending home sales dropped in August and over the year due to a shortage of homes, hurricanes and mismatched supply and demand in the housing market. In my neighborhood and around the country, realtors...
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Home Prices Boom 10 Years After Housing Crisis
Home prices have returned to the boom levels of a decade ago — which foreshadowed the bursting of the real estate “bubble” and the onset of The Great Recession- but today’s housing market is starkly...
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Realtor.com® 2018 National Housing Forecast
Inventory constraints that have fueled a sharp rise in home prices and made it difficult for buyers to gain a foothold in the market will begin to ease next year as part of broad and continued market...
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Home Sales Growth Fooled Many Economists
Home sales growth fooled many economists by continuing their climbing trend in May. This month, their consensus was another decline after last month’s slip. But they missed the pattern. Sales are up...
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Home Builders Aren’t Following Market
May’s new home sales jumped a whopping 8.9 percent since last year. The increased sales is good news because it reflects the increase in new home construction in recent months. An influx of new homes...
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New Home Sales Stagnate, Edge Toward Affordability
May’s new home sales of 610 thousand edged up 0.8 percent in June, but over the past year it has been 9.1 percent. Increased sales is good news because it reflects the increase in new home construction...
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Sagging Sales, Building Inventory: Is the Market Cooling?
Existing home sales have been trending downwards over the last few months. They are down 4.4 percent since January after adjusting for seasonality.1 Prices have been trending upward. They are up 14...
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Existing Home Sales Decline, Affordability, Cautions and a Silver Lining
Existing home sales decline in August and have been trending downwards over the last few months. They are up a mere 0.2 percent since August of last year, although but down 1.7 percent since July,...
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Market Affordability and Availability Shift Demand Outward
As the national housing market continues 41 straight months of year over year declines in inventory and price increases have not slowed down, real estate market affordability and availability is...
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