Pending Home Sales Decline, but Optimistic Going Forward
30 Second Market Update
October 10, 2022
The National Association of Realtors (NAR) released their Pending Home Sales report, which measures signed contracts on existing homes across the nation. This report showed that signed contracts on existing […]
Home Appreciation Cooling Yet Resilient
30 Second Market Update
October 03, 2022
The National Association of Home Builders released their New Home Sales Report which measures signed contracts on new homes. This report showed an increase of 29% at a 685,000 unit […]
Existing Home Sales Beat Expectations
30 Second Market Update
September 26, 2022
The National Association of Realtors released their Existing Home Sales Report for the month of August. It was a strong one. Remember this report measures signed contracts on existing homes […]
Inflation and Rates
30 Second Market Update
September 19, 2022
The Bureau of Labor Statistics released their Consumer Price Index report for August showing that overall inflation increased by 0.1%. This is a lower figure, but larger than the expected […]
Inflation and The Fed
30 Second Market Update
September 12, 2022
According to Forbes.com, inflation occurs when prices rise, which ultimately decreases the purchasing power of your dollars. For example, during an inflationary period, your dollar could buy you two apples […]
Home Price Appreciation Cools, But Still Strong
30 Second Market Update
September 05, 2022
The Case-Shiller U.S. National Home Price Index, which is considered the “gold standard” for appreciation, showed that home prices rose 0.6% in June and 18% year over year. This is […]
Housing Recession?
30 Second Market Update
August 29, 2022
There has been a buzz in the media that we are currently in a “housing recession”. Even the National Association of Realtors’ Lawrence Yun used that verbiage a week or […]
Diving Into Existing Home Sales
30 Second Market Update
August 22, 2022
The National Association of Realtors Existing Home Sales Report, which measures closings on existing homes, showed that sales were down 5.9% from June to a seasonally adjusted annual rate of […]
Headline Inflation Cools
30 Second Market Update
August 15, 2022
Last week the U.S. Bureau of Labor Statistics released their Consumer Price Index and it showed that overall inflation came in cooler than expectations of 0.2% and remained flat for […]
Inventory and Foreclosures…Let’s Go Beyond the Headline
30 Second Market Update
August 08, 2022
Existing inventory of homes is up 22% from its lowest level in February 2022. Now, many in the media are going on and on about a major rise in inventory. […]
The Heatwave for Housing Continues
30 Second Market Update
August 01, 2022
The Case-Shiller Home Price Index, which is the gold standard of house appreciation, was released last week showing that home prices across the nation rose 1.5% in the month of […]
A Closer Look At Existing Home Sales
30 Second Market Update
July 25, 2022
The National Association of Realtors Existing Home Sales Report, which measures closings on existing homes, showed that sales were down 5.4% month over month in June at a 5.12 million […]
