Monthly Archives: August 2013

I hope you have your seat belt on (even if you’re sitting in your office chair). At the very least you’re about to experience a jolt, and at the very best you are about to master the greatest tool for … Continue reading →

Evidence of that buyer interest in existing homes came Wednesday with the news that Existing Home Sales grew 6.5% in July, at a 5.39 million annual rate. That’s the strongest pace since November 2009, and sales are now up 17.2% … Continue reading →

The week ended with what some saw as an obstacle to reaching our goal of a full housing recovery. New Home Sales were reported down 13.4% in July to a 394,000 unit annual rate, well below consensus expectations. A disappointing … Continue reading →

Housing prices have risen sharply during the past few months. While every market has its own dynamics, recent national trends are more indicative of the magnitude of past declines than a warning sign of overheated markets. But a return to … Continue reading →

What an action packed week if you’re into economic data (like we are). Pending Home Sales should be down a tad for June, and the Advanced GDP reading for Q2 is forecast to show economic growth even slower than it’s … Continue reading →