Posts by John Yellig
The pace of housing-price gains in Boston quickened in March, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which showed a 2.6% increase from February and a 14.9% increase from a year earlier, compared to a...
Higher income, backed up by lower mortgage rates, has expanded the reach of the average homebuyer, but an increased demand for homes has concurrently driven up prices, negating two of the three main factors in First American Financial Corp.'s Real...
Existing-home sales slid for the third month in a row in April, declining 2.7% from March to a seasonally adjusted annual rate of 5.85 million, according to the National Association of...
The limited inventory that has plagued the housing market continued, although at an abated...
Builder confidence was steady in May, carrying over April's reading of 83 for another month, according to the most recent National Association of Home Builders/Wells Fargo Housing Market...
The employment numbers for March were revised down as well. The most recent data indicate a 770,000 increase in jobs for the month, compared to the previously reported increase of...
"This is a sign that the competitive purchase market, driven by low housing inventory and high demand, is pushing prices higher and weighing down on activity." — Mortgage Bankers Association Associate Vice President of Economic and Industry Forecasting Joel...
Nationwide, the seasonally adjusted housing index rose 1.1% month over month in February and 12% year over year, up from monthly and yearly increases of 0.8% and 11.2% in January, respectively....
Year over year, the pace of sales was up 66.8%...
The median sales price of homes in the 53 metro areas covered by RE/MAX's National Housing Report rose 4.5% month over month in March to $303,000, marking the first time in the 13-year history of the report that it topped...
