Posts by John Yellig

NAHB: Builder confidence rose again in April 

The National Association of Home Builders/Wells Fargo Housing Market Index rose for the fourth month in a row in April as the construction industry remained "cautiously optimistic."   ...

Optimism for spring selling season grows with third monthly rise in pending sales 

The National Association of REALTORS® Pending Home Sales Index rose for the third month in a row, suggesting the housing market's contraction could be "coming to an...

Pace of annual home-price gains slows again in latest Case-Shiller; Phoenix prices are flat

In Phoenix, home prices were flat year-over-year in January; month over month, they were down...

New-home sales rise 1.1% in February as median-sales price surges 

The supply of new homes for sale ticked lower from February, according to government figures....

NAR: Existing-home sales jump in February, ending a year of declines 

The annual rate of 4.58 million sales was up 14.5% from January but down 22.6% from the February 2022 rate of 5.92...

Realtor.com: Week of April 23 is best time to list in Phoenix

Nationally, the week of April 16-22 is likely to provide sellers with the most favorable conditions for a successful sale of any week of the year, although the exact timing varies widely by...

Housing starts post major gains in February 

A shortage of existing-home inventory is driving more people to the market for newly built...

Builder confidence rises again in March 

Homebuilders expressed "cautious optimism" that the lack of existing inventory would drive demand for new homes despite high construction costs and interest rates, the National Association of Home Builders reported.  ...

MBA: Mortgage applications rise 7.4% despite increased rates 

The Mortgage Bankers Association noted the increase in borrowing activity came despite the 30-year fixed mortgage rate climbing to its highest level since November...

CoreLogic: Home-price growth slides to June 2020 pace 

In January, home prices were up 5.5% annually and down 0.2% monthly, CoreLogic reported, citing its monthly Home Price Insights...

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