Monthly Archives: May 2006

The National Association of Realtors released the March Pending Home Sales Index report this morning. It can be found here: March Pending Home Sales Index(PDF) Nationwide pending sales were down 6% year over year for March. YOY declines were seen … Continue reading →

The Otteau Report For Q1 ’06 is online and available at the Otteau Group website. There is quite a bit of data contained in these reports, they should keep you all busy for hours. Bergen Projected Absorption: 7 Months Supply … Continue reading →

Lowball! takes a look at home sales over the past week from a very different perspective. For those new to Lowball!, a lowball offer is when a buyer offers a significantly lower bid than asking in hopes that the seller … Continue reading →

From the BEA: PERSONAL INCOME AND OUTLAYS: MARCH 2006 Personal income increased $88.8 billion, or 0.8 percent, and disposable personal income (DPI) increased $78.4 billion, or 0.8 percent, in March, according to the Bureau of Economic Analysis. Personal consumption expenditures … Continue reading →

From the Gallup Poll: Confidence in Housing Market Dips The volume of U.S. home sales is near the record high seen in 2005, but Americans are much less confident today than they were a year ago about the advisability of … Continue reading →