Existing Home Sales Numbers Show Value Gains Across America- Bay Area Even More

The National Association of REALTORS® released its Existing Home Sales report for March on Monday. The news as we know in the Bay Area is good. Sales dipped from February's seasonally adjusted annual rate of 4.95 million to 4.92 million existing homes sold in March, a decrease of 0.6 percent … [Read more...]

Existing Homes For Sale At Lowest Point In 11 Years

Home sales dropped last month, but not because demand was lacking. There are fewer homes for sale than at any time in the last 11 years. Lack of Inventory According to the National Association of REALTORS®, Existing Home Sales for December 2012 fell to a seasonally-adjusted, annualized rate of … [Read more...]

Hosing Inventory Drops To Multi-Year Low- Buyers Market Turned “Sellers Market”

As the third quarter closed, home resales showed considerable momentum nationwide. Existing Home Sales JUMP The National Association of REALTORS® reports Existing Home Sales at 4.75 million units in September 2012 on a seasonally-adjusted, annualized basis, an 11 percent increase from one year … [Read more...]

Rise in Home Sales Leap To 2-Year High- Bay Area Feeling the Demand

The home resale market put forth another strong data set last week. Home sales prices are higher nationwide and sales volume has moved to a 2-year high. Home Sales Show Improvement According to the National Association of REALTORS®, 4.82 million "existing homes" sold on a seasonally-adjusted, … [Read more...]

Pending Bay Area Home Sales Point to Spring Sellers Market

Pending Bay Area Home Sales Point to Spring Sellers Market

The Pleasanton housing market appears headed for a strong spring season. After a brief setback in December, the National Pending Home Sales Index resumed its climb in January, posting a 2 percent gain over the month prior. Inventory and Days on Market Numbers Low The data puts pressure on … [Read more...]

Inventory Down to 1 Month- Existing Home Sales Approach Bull Market Territory

Inventory Down to 1 Month- Existing Home Sales Approach Bull Market Territory

The housing market finished 2011 with strength, and is carrying measurable momentum into 2012. According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December's Existing Home Sales climbed by 120,00 units overall from the month prior on its way to … [Read more...]

Bay Area Home Buyers in the Driving Seat- Summer Market Sluggish

Bay Area Home Buyers in the Driving Seat- Summer Market Sluggish

Hurt by foul weather and a soft market, the Pending Home Sales Index plunged 12 percent in April. Summer Forecast is Gloomy Like the Bay Area Weather The monthly index is published by the National Association of REALTORS® and measures the number of homes on which new contracts have been written. … [Read more...]

Positive Real Estate Outlook in 2008 with a Fed Rate Cut Over Horizon-

With the Fed Interest Rate Cut just over the horizon on January 29th the National Association of Realtors (NAR) released positive information regarding the U.S. housing market. Below is the published article with the 2008 housing market outlook. With the Fed taking necessary steps to keep the … [Read more...]