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Tag Archives: Home Supply
As The Pending Home Sales Index Falls, Home Buyers See Dollar Signs
June’s Pending Home Sales Index is weak by most measures, but if you’re a home buyer, the headlines aren’t so bad. Fewer home sales can push negotiation leverage to the buy-side of a transaction.
Existing Home Sales Drop In June But Hint At Support For Higher Price Tiers
Consistent with most post-home buyer tax credit housing news, Existing Home Sales eased lower last month. The 5 percent drop in sales was expected, but a closer look at the month’s data reveals some interesting trends. Continue reading
Was The Pending Home Sales Report Really That Bad? It Depends Who You Ask — Buyer Or Seller.
On the surface, May’s Pending Home Sales Index looks terrible for housing. And, if you’re a seller, it just might be. But, if you’re a buyer, the story reads differently. Just consider the market conditions. Continue reading
May 2010 Existing Home Sales Is Better Than The Headline Data Suggests
The press is calling the May 2010 drop in Existing Home Sales “unexpected” and disappointing, but a deeper look at the data shows the news isn’t as bad as it first appears. Continue reading
Home Supplies Tick Higher, Creating An Opening For Today’s Home Buyers
According to the National Association of Realtors®, although the number of homes sold ticked higher in April, so did the supply of existing homes for sale, too. Sellers are now listing homes faster than buyers can buy them. Continue reading
Housing Starts Rise In April, Exerting Downward Pressure On Home Prices
Home prices are based on housing’s supply and demand. For the next few months, supply should elevate, helping prices remain suppressed, after which, supply should dwindle. The best time to buy a home, therefore, may be right this very minute. Continue reading