Category Archives: National Real Estate

From the Record: Area’s home prices drop 2.9% in January Despite signs of an economic recovery, home prices nationally and in the New York metropolitan area, including North Jersey, continued to slide in January, the Standard & Poor’s Case-Shiller index … Continue reading →

From the WSJ: Housing Shows Signs of Life The U.S. housing market, a notable soft spot in the nation’s weak economy for the past four years, is becoming less of a drag on the recovery. Real-estate markets are showing signs … Continue reading →

From Bloomberg: Previously Owned U.S. Home Sales Probably Climbed Sales of previously owned U.S. homes probably rose in February to an almost two-year high, adding to signs of stabilization in the real-estate market, economists said before a report today. Purchases … Continue reading →

From CNBC: Did Warm Winter Steal Spring Housing? As if we really needed a reminder that today’s housing market is still very fragile, the first installment in a slew of housing data to be released this week came in below … Continue reading →

From Re/Max (Cheerleader warning, this is from a press release): Home Prices Start to Rise, Sales Trend Higher: Housing Recovery Underway For the first time in 18 months, home prices in February rose higher. With a median price of $171,881, … Continue reading →

From CNBC: Parsing Home Prices Proves Precarious Another day, another double-dose of home price reports, a home sentiment survey and a weekly report on mortgage applications. All seem to point in different directions. Both Lender Processing Services and CoreLogic released … Continue reading →

From CNBC: As Home Prices Fall Further, Is It Time to Buy? Nobody wants to catch a falling knife. It is as simple as that. If potential buyers see continued home price erosion, they will stay parked on the sidelines. … Continue reading →

From the WSJ: Home Prices Hit New Depths Home prices fell to fresh lows in December, but economists say that a drop in the number of homes listed for sale could help stabilize prices in parts of the country this … Continue reading →

From Bloomberg: Previously Owned U.S. Home Sales Probably Rose to Highest Since May 2010 Sales of previously owned U.S. houses probably rose in January to the highest level since May 2010, adding to signs the housing market is regaining its … Continue reading →

From Bloomberg: Home Sales Probably Increased in January Home sales in the U.S. probably climbed in January to the highest level since May 2010, adding to evidence the housing market is regaining its footing, economists said reports this week will … Continue reading →