Category Archives: Warranty Service

Evidence of that buyer interest in existing homes

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

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New Home Sales ?

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

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New-home prices have shown 13 percent or more year-over-year increases within the past year.

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

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PENDING HOME SALES AND GDP SLIDE, THE FED MEETS, JOBS HOLD…

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

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Existing Home Sales report

It was certainly important to understand the details of last week’s Existing Home Sales report. The headline numbers showed June Existing Home Sales were down a disappointing 1.2%, to a 5.08 million annual rate. But other details were encouraging. Existing … Continue reading

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New American Home Shield president sees big potential

Seeing excellent potential for growth in the home warranty industry, Mark Barry recently took reins as president of American Home Shield, the No. 1 provider of that service in the U.S. American Home Shield and Barry’s success are strongly tied … Continue reading

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The housing rebound’s still-unanswered question … Y? USA Today‘s Hadley Malcolm and Barbara Hansen tap into recent Census Bureau data to look at both financial and psychological reasons young adults have sat out the early innings of the housing recovery. … Continue reading

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Majority of voters have negative views on Fannie Mae, Freddie Mac: survey

The public image of Fannie Mae and Freddie Mac has been deeply tarnished coming out the financial crisis, in the court of public opinion. Read More

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Conditions are ripe for household formation

HousingWire’s Megan Hopkins reports on data from a number of analysts that suggests a positive turn in U.S. household formation has caused a rising demand for all types of housing over the last two years, including multifamily and single-family rental, … Continue reading

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Redfin’s 19-market sales and price update for June: mixed message

Redfin analyst Tim Ellis rolls up data and culls insight from opposing trends in the online brokerage’s resales volume and pricing for June. The pace of sales in many of Redfin’s 19 markets declined, even as prices rose and supply … Continue reading

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