May-June 2013 Issue
Kelli Grant, REALTOR
Platinum Premier Realty
(480) 779-9656
Kelli@YourCommunityResource.com www.PhoenixPropertyValues.com-
Category Archives: Housing Analysis
Improving Market Index Climbs To 99
The number of U.S. housing markets showing “measurable and sustained growth” has increased by 19 this month, according to the National Association of Homebuilders’ Improving Market Index. Continue reading
Case-Shiller Index Shows Huge Home Price Gain
According to the Standard & Poor’s Case-Shiller Index, home prices rose 6.9% between the first and second quarter of 2012, the largest quarter-to-quarter gain since the home-value tracker’s 1987 inception. Continue reading
Pending Home Sales Index Makes New High For 2012
In July, the third time this year, the Pending Home Sales Index crossed its benchmark value of 100, moving to 101.7. Continue reading
New Home Sales Reach Multi-Year High
As reported by the U.S. Department of Commerce, 372,000 new homes were sold in July on a seasonally-adjusted, annualized basis. Continue reading
Posted in Housing Analysis
Tagged Builder Confidence, New Home Sales, New Home Supply
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Government : Home Prices Up 3.0% In Last 12 Months Nationwide
According to the Federal Home Finance Agency’s Home Price Index, home prices rose by a seasonally-adjusted 0.7 percent between May and June 2012. The index is now up 3.0% over the past 12 months, and made its biggest quarterly gain since 2005 last quarter. Continue reading
Existing Home Sales Rise To 4.47 Million
Home resales climbed 2% last month as the housing market continues its slow, steady recovery. Continue reading
Single-Family Housing Starts Remain Strong
Single-family housing starts were above 500,000 for the fourth straight month in July, a mark not met since the federal home buyer tax credit of 2010. Continue reading
Posted in Housing Analysis
Tagged Census Bureau, Homebuilder Confidence, Housing Starts
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Homebuilder Confidence Rises To 5-Year High
For August 2012, the National Association of Homebuilders reports the monthly Housing Market Index at 37 — an increase of more than 100% from one year ago and the highest HMI value since February 2007. Continue reading
Home Affordability Sinks For The First Time In 12 Months
Rising home prices are taking a toll on today’s home buyers. For the first time in 4 quarters — and despite falling mortgage rates — home affordability is sinking. Continue reading
5 States Home To 50% Of Foreclosure Activity Nationwide
According to data from RealtyTrac, a national foreclosure-tracking firm, the number of foreclosure filings dipped below 192,000 in July 2012, a 3 percent decrease from the month prior. Continue reading
