The National Association of Realtors released its July report on housing on Thursday. Considering it’s back-to-school time, …
NAR
June Home Sales Disappoint (But Housing Starts Are Up)
Sales of previously owned U.S. homes (which make up the majority of the real estate on the market) were running at a disappointing 4.77 million annual rate in June, according to the latest release from the National Association of …
Extending the home-buyer tax credit: up is down and down is up
Once again, the federal home-buyer tax credit meant to spur demand in the housing market is coming to an end. To claim the credit—worth up to $8,000 for first-time buyers and $6,500 for folks who already own a home—you’ve got to be in contract by April 30 and close by the end of June.
Much as happened the last time this deadline …
Home sales surge. Time to party?
The pace of existing-home sales was 10.1% higher in October than it was in September, according to figures out today from the National Association of Realtors (NAR). That jump puts sales back where they were in February 2007 and is sure to bring renewed optimism about the state of the housing market. In September we had an eight-month …
When to pay attention to Case-Shiller and when not to
One positive byproduct of this real estate/financial crisis has been the elevation of the S&P/Case-Shiller Home Price Indices to the status of standard measure of housing prices and the relegation of the National Association of Realtors’ average and median sales price numbers to sideshow. This is mostly a good thing, because the NAR …
