Tag Archives: Existing Home Sales

Case Shiller Price Index Shows Home Prices Are Still Increasing

Home prices are still rising, but at a slower pace according to the S&P Case-Shiller Home Price Indices for June. Home prices for the cities surveyed in the HPI rose by 12.10 percent on an annual basis as compared to May’s reading of 12.20 percent. This is the highest rate of monthly growth for home […]

Posted in Existing Home Sales, Home Price Index | Also tagged , , | Leave a comment

Why It’s Critically Important To Have A Home Inspection

Many home buyers have found the perfect house, signed on the dotted line and may think they’ve watched enough home improvement shows to know if the home they’re getting is in good shape. Unfortunately, some buyers make the mistake of skipping a home inspection in order to save a little cash. Even if a home […]

Posted in General Information | Also tagged , , , | Leave a comment

New Home Search Options

Good News! Our website overhaul has finally been completed and now we offer even more search options. Try our new Map Search at www.EveryHomeInIdaho.com.

Posted in General Information, Listings | Also tagged , , , | Leave a comment

Homebuilder Confidence Rises To 5-Year High

Home builder confidence rises again. For August 2012, the National Association of Homebuilders reports the monthly Housing Market Index at 37 — an increase of more than 100% from one year ago and the highest HMI value since February 2007. The Housing Market Index is an indicator of homebuilder confidence and when it reads 50 […]

Posted in General Information, Home Price Index, New Construction | Also tagged , , , , | Leave a comment

Pending Home Sales Slip In May

The housing market took a breather in April. After forging past its benchmark value of 100 in March, April’s Pending Home Sales Index dropped back to 95.5, its lowest reading of the year. The data suggests fewer home resales throughout Idaho and nationwide in the months ahead. A “pending home” is a home under contract […]

Posted in Existing Home Sales, General Information, Home Price Index | Also tagged , , | Leave a comment

Foreclosures Fall To 5-Year Low

Foreclosures filings fell 5 percent between March and April of this year, and by 11 percent as compared to one year ago. The data comes from RealtyTrac. The foreclosure-tracking firm tallied fewer than 189,000 foreclosure-related actions last month — the fewest number since July 2007. Rapidly-declining foreclosure figures are another signal that the U.S. housing […]

Posted in General Information | Also tagged , , , , , | Leave a comment

New Home Sales Rise For 7th Month Out Of 8

The April New Home Sales report suggests that the market for newly-built homes is as strong as the market for existing ones. According to the U.S. Census Bureau, the number of new homes sold rose 3.3 percent in April to a seasonally-adjusted, annualized 343,000 units sold — its second-highest reading since April 2010. April 2010 […]

Posted in Existing Home Sales, General Information, New Construction | Also tagged , , | Leave a comment

Mortgage Rates Fall Again

For the second straight week, the 30-year fixed rate mortgage fell to a new, all-time low nationwide. According to Freddie Mac’s weekly mortgage rate survey, the average 30-year fixed rate mortgage rate dropped 1 basis point to 3.83% this week for borrowers willing to pay 0.7 discount points plus a full set of closing costs. […]

Posted in Home Price Index, Mortgage Interest Rates | Also tagged , , , , | Leave a comment

Home Values Start The Year Strong

Home prices started the year on an upswing. According to the Federal Home Finance Agency’s Home Price Index, home prices rose by a seasonally-adjusted 0.3 percent between January and February 2012. The index is up 0.4% over the past year, offering a counter-story to the Case-Shiller Index’s assertion that home values are sinking. Last week, […]

Posted in Existing Home Sales, Home Price Index | Also tagged , , , | Leave a comment

Pending Home Sales On The Rise

After a series of worse-than-expected data last month, the housing market appears to be back on track. The Pending Home Sales Index posted 101.4 in March, a four percent gain from the month prior and the index’s highest reading since April 2010 — the last month of that year’s federal home buyer tax credit. A […]

Posted in Existing Home Sales | Also tagged , , | Leave a comment