Category Archives: Housing Recovery

Pending sales now down 4 out of 5 months

Posted on September 1, 2017 by grim

From HousingWire: Pending home sales decrease slightly in July Pending home sales dropped slightly in July, marking the fourth decrease in the past five months, according to the latest Pending Home Sales Index report from the National Association of Realtors. … Continue reading →

Posted in Housing Recovery, National Real Estate | 56 Comments

Philly burbs on the verge of recovery?

Posted on August 7, 2017 by grim

From the Philly Inquirer: Suburbs boast best real estate market since recession, but don’t get too excited yet In a suburban real estate market described for years as sluggish, it might seem as if, finally, the region is experiencing the … Continue reading →

Posted in Housing Recovery, Philly, South Jersey Real Estate | 32 Comments

Sellers at the high end get real … and sell

Posted on August 4, 2017 by grim

From CNBC: Luxury home prices soar as sellers come back down to earth The slump in the swankiest sector of the housing market appears to be over, and, ironically, it may be due to a dose of reality among sellers. … Continue reading →

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 54 Comments

Housing continuing to recover as investors step aside

Posted on August 1, 2017 by grim

From Bloomberg: Gain in U.S. Pending Home Sales Shows Market Is Stabilizing A rebound in contract signings for the purchase of previously owned U.S. homes shows housing demand is stabilizing after a three-month downturn, National Association of Realtors figures released … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate | 79 Comments

Good Times on Wall Street

Posted on July 30, 2017 by grim

From Bloomberg: Hamptons Home Prices Soar to Record $1.07 Million The stock market is up. Must be time to splurge on a mansion in the Hamptons. Buyers in the Long Island resort towns opted for more-expensive properties in the second … Continue reading →

Posted in Economics, Housing Recovery, NYC | 85 Comments

Millennials increase homebuying

Posted on July 28, 2017 by grim

From HousingWire: Millennials drive up homeownership rate in Q2 The national homeownership rate increased slightly from last year, but was not statistically different from last quarter, according to the latest release from the U.S. Census Bureau. The homeownership rate in … Continue reading →

Posted in Housing Recovery, National Real Estate | 94 Comments

Philly best local showing in the last decade

Posted on July 22, 2017 by grim

From the Philly Business Journal: Philadelphia posts solid, post-recession gain in home values Since the real estate bubble burst during the Great Recession of 2007-2009, housing markets across the country have struggled to regain their footing. Philadelphia and its Pennsylvania … Continue reading →

Posted in Economics, Housing Recovery | 28 Comments

Prices up in Westchester and the Lower Hudson Valley

Posted on July 13, 2017 by grim

From LoHud: Home prices in region rise as inventory drops, report finds Prices of single-family homes rose throughout the Lower Hudson Valley region in the second quarter, with the number of homes available for sale continuing to dwindle, according to … Continue reading →

Posted in Demographics, Economics, Housing Recovery | 62 Comments

No slow down in May

Posted on July 5, 2017 by grim

From CoreLogic: CoreLogic US Home Price Report Shows Prices Up 6.6 Percent in May 2017 CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its CoreLogic Home Price Index (HPI™) and HPI Forecast™ for … Continue reading →

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 42 Comments

Say it ain’t so

Posted on June 28, 2017 by grim

From the Washington Post: The McMansion, ultimate symbol of the pre-recession boom, is back If there’s anything that typifies the boom times before the Great Recession, it is the McMansion. These sprawling houses proliferated around the country in the 2000s, … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate, New Development | 68 Comments

May EHS exceeds expectations

Posted on June 22, 2017 by grim

From CNBC: Existing home sales hit 5.62 million units in May, vs. expectations of 5.57 million U.S. home resales unexpectedly rose in May to the third highest monthly level in a decade and a chronic inventory shortage pushed the median … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate | 76 Comments

It’s a good time to sell, but don’t.

Posted on June 15, 2017 by grim

From HousingWire: Capital Economics: A seller’s market won’t cure inventory shortages It’s finally a seller’s market, but according to a new Capital Economics report, the increased selling sentiment doesn’t guarantee a boost in much-needed housing inventory. Fannie Mae’s most recent … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate | 49 Comments

Shaping up to be the strongest year yet?

Posted on June 6, 2017 by grim

From CBS News: House-hunting in 2017? You’ll need a fatter wallet What’s on your TV? In many middle-class homes, programs about house-hunting now compete for viewers with sporting events, cooking shows and financial advice. Americans are house-hungry. And nothing proves … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 136 Comments

Philly the reason for South Jersey’s slump?

Posted on May 29, 2017 by grim

From Philly.com: Despite vibrancy in Philly’s suburbs, home values still struggle If the massive cluster of new housing, shops, and restaurants rising in King of Prussia is any indication, the suburbs are as prosperous as ever. There, as elsewhere across … Continue reading →

Posted in Economics, Housing Recovery, South Jersey Real Estate | 9 Comments

Foreclosure crisis completely behind us now?

Posted on May 17, 2017 by grim

From HousingWire: Homeowners keep getting better at paying their mortgage Consumers are steadily getting better at paying their mortgage with fewer and fewer loans moving into foreclosure, according to the Mortgage Bankers Association’s latest National Delinquency Survey. The report found … Continue reading →

Posted in Economics, Foreclosures, Housing Recovery | 87 Comments