Tag Archives: Home Price Index

Lighting Matters When Selling Your House

Remember the last time you were in a furniture store or other major home retailer? Remember the fully decorated displays of furniture, appliances and other products? Some of those may have even been organized as model rooms. What did most of those displays have in common? Chances are, they were well lit. In fact, in […]

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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 […]

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Home Builders Hold Great Confidence For New Homes Over Next 6 Months

The National Association of Home Builders (NAHB) Wells Fargo Housing Market Index (HMI) report for April shows that builder confidence slipped by two points to a rating of 42 from the March reading of 44. The Housing Market Index (HMI) measures home builder confidence in market conditions for newly built single family homes. A reading […]

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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 […]

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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 […]

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Existing Home Sales Climb 3.4 Percent In April

Low mortgage rates are helping to make homes more affordable. It appears home buyers have taken notice. According to the National Association of REALTORS®, Existing Home Sales rose 3.4% in April from the month prior, registering 4.62 million homes sold on a seasonally-adjusted, annualized basis. An “existing home” is a home that’s been previously occupied. […]

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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, […]

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Mortgage Rates for the week of: April 23, 2012

Mortgage markets were mostly unchanged last week, breaking a three-week winning streak. Wall Street grappled with surprising demand on Spain’s debt issuance and a series of weaker-than-expected data points on U.S. housing. Conforming mortgage rates across Idaho rose slightly according to the weekly Freddie Mac Primary Mortgage Market Survey. Nationwide, the 30-year fixed rate mortgage […]

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Sale of Existing Homes Slips In March

In March, for the second straight month, home resales slipped nationwide. According to the National Association of REALTORS®, March 2012 Existing Home Sales fell to 4.48 million units on a seasonally-adjusted annualized basis — a 3 percent drop from February. An “existing home” is a home that’s been previously occupied or owned. The weaker-than-expected Existing […]

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Homebuilder Confidence Slips 3 Points In April

For the first time in 3 months, homebuilder confidence has slipped. As measured by the National Association of Homebuilders, the Housing Market Index dropped three notches in April to a reading of 25. The report measures homebuilder confidence in the newly-built, single-family housing market. When the Housing Market Index reads 50 or better, it reflects […]

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