NAHB: Builder Sentiment Surges in August

August 16, 2017 by John · Leave a Comment 

Home builder confidence in housing market conditions surged in August after sagging to an eight-month low in July. The National Association of Home Builders reported a July reading of 68 in August after analysts expected a one- point increase from July’s Housing Market Index reading of 64. Any reading over 50 indicates that more builders consider housing market conditions positive than those who do not.

NAHB: Builder Confidence in Market Conditions Dips in July

July 19, 2017 by John · Leave a Comment 

According to the National Association of Home Builders, July builder sentiment dipped to an index reading of 64 as compared to June’s revised reading of 66, the original reading was 67. Analysts expected the reading for July to increase to 68. Builders cited increasing lumber prices as a concern affecting builders’ outlook on housing market conditions for new single-family homes. Any reading over 50 for the NAHB Housing Market Index indicates that more builders than fewer are positive about housing market conditions, but July’s reading was the lowest in eight months. NAHB said that home builder confidence in market condition “remains strong.”

Case-Shiller: February Home Prices Grow at Fastest Pace in 3 Years

April 27, 2017 by John · Leave a Comment 

According to the Case-Shiller National Home Price Index, February home prices grew at their fastest pace in three years. While home prices have steadily grown in recent months, growth rates slowed in many areas month-to-month; the escalation of home prices from January to February indicates stronger housing markets. National home prices increased by 0.20 percent in February to a seasonally-adjusted annual rate of 5.80 percent appreciation.

Home Builder Index Dips in January

January 19, 2017 by John · Leave a Comment 

January’s National Association of Home Builders Housing Market Index dipped two points from December’s revised reading of 69 to 67; the index reading forecast for January was also 69.Analysts said that January’s reading was the second highest (after December 2016) since the peak of the housing bubble in 2005. January’s dip in builder sentiment was attributed to easing of builder enthusiasm, which spiked right after the U.S. presidential election. To put January’s home builder confidence reading in context, NAHB says that any index reading over 50 indicates that more builders than fewer have confidence in housing market conditions.

S&P Case-Shiller: Home Prices Gain in August

October 27, 2016 by John · Leave a Comment 

Home prices gained in August per the 20-City S&P Case-Shiller Home Price Index. Analysts said that home values continue to expand in spite of challenges including low inventories of available homes and strict mortgage qualification requirements.

Home Affordability Peaked Last Quarter; Purchasing Power Sinks 10%

March 8, 2011 by John · Leave a Comment 

Home affordability reached an all-time high in 2010’s last quarter. Unfortunately for home buyers, it’s been a different story since, however.

Home Affordability Reaches Record-Levels… Last Quarter.

December 9, 2010 by John · Leave a Comment 

Prior to 2009, the Home Opportunity Index rarely topped 65. The index has remained above 70 ever since.

Which Model Is More Accurate : The Case-Shiller Index Or The Home Price Index?

September 9, 2010 by John · Leave a Comment 

As a home buyer and/or homeowner, should you put your faith in Case-Shiller’s results, or the Home Price Index. Perhaps, the answer is neither.

Home Opportunity Index Ranks 225 Metro Areas For Affordability

May 21, 2010 by John · Leave a Comment 

With home prices still relatively low and mortgage rates trolling near their all-time best levels, home affordability is extraordinarily high in most U.S. markets.

CNNMoney.com Predicts The Best And Worst Real Estate Markets For 2010

March 23, 2010 by John · Leave a Comment 

CNNMoney.com recently published its 2010 forecast and projections for home prices in the country’s largest metro markets. Listed as “Top 25″ and also comprehensively by state, CNNMoney.com’s home price forecasts puts Santa Rosa, California at the top of 2010’s home appreciation list and Hanford, California at its bottom.