Archive for June, 2012

Consumer Comfort index Highest Level in Two Months

Friday, June 29th, 2012

The Bloomberg Consumer Comfort Index measures Americans’ perceptions on three important variables: the state of the economy, personal finances and whether it’s a good time to buy. The gauge of household finances was positive for the first time since April

‘Under Contract’ numbers up in May

Thursday, June 28th, 2012

The number of home buyers signing contracts to buy existing homes jumped nearly six percent in May to the highest level since April of 2010, according to a Realtor group. With more inventory of houses the numbers would have been even bigger.

Home prices up 1.3% in April

Wednesday, June 27th, 2012

according to the S&P/Case-Shiller 20-city composite index. The report dovetails with other indicators showing a housing market crawling off it’s low.

New home sales & prices up!!

Tuesday, June 26th, 2012

New U.S. single-family home sales surged in May and prices rose from a year ago amid tightening supply. The Commerce Department said on Monday sales jumped 7.6 percent to a seasonally adjusted 369,000-unit annual rate, the highest since April 2010 and a 5.6-percent rise in the median price of a new home to $234,500 from May last year.

FSBO.com number of visitors jump

Monday, June 25th, 2012

Knowing the number of views of your advertised property is important. At FSBO.com you will know the number of unique visitors and views, plus managing the information on the Internet. Here is a randomly picked property, FSBO.com/155973,  with activity the past 30 days:

Number of views: 651

Number of visitors: 188

‘Move in Ready’ houses wanted

Friday, June 22nd, 2012

Housing inventory for sale nationwide is now 2.49 million, a drop of 20 percent from a year ago. In some areas less then a two month supply. Many currently on the market need fix up and ‘move in’ ready properties are getting hard to find.

Home prices up, but rents up higher

Tuesday, June 5th, 2012

Excluding distressed sales, home prices rose 2.6 percent in April. As home prices grew, so too did rents. Nationally, rents rose 6 percent in May from a year ago, according to Trulia, and the increases are accelerating each month. Paying more for rent, while mortgage rates are dropping, the smart renters will soon become buyers.