As reported by the government, home prices are rising nationwide, up 0.3 percent in July. Furthermore, versus November 2008, the Home Price Index has clawed back to unchanged. The housing market appears to be holding its own. However, we have to be careful about putting our full faith in the Federal...

According to home builders around the country, the housing market is looking good. Each month, the National Association of Home Builders releases its Housing Market Index report, a survey meant to “take the pulse of the single-family housing market”. Respondents report on three facets of...

In what’s becoming a regular occurrence, housing data blew away economists expectations Tuesday. As reported by the National Association of Realtors®, the Pending Home Sales Index posted its 6th consecutive monthly gain in July. After a meteoric rise that started in January, the index is now at...

It’s no wonder that builder confidence is soaring — their inventory of homes for sale is depleting at a furious pace. For the 4th straight month, New Home Sales gained, posting the best numbers since last September’s meltdown and handily beating economist expectations. The available...

18 of 20 markets tracked by the Case-Shiller Index showed rising home values in June.  It’s the 5th consecutive month with strong numbers and the best showing for the benchmark housing index since home values began deflating in 2006. Some would argue it’s a sign that housing has finally...

The housing market continues to surprise.  Last week, the latest good news came in the form of the monthly Existing Home Sales report. An “existing home” is a home sold by an existing owner as opposed to a developer.  It’s non-new construction property. The data on Existing...

Single-family Housing Starts rose for the 4th straight month in July, another sign that the battered housing market may be making its comeback. “Housing starts” are new homes on which construction has recently started. Not surprising, in a related story, homebuilder confidence moved to a...

Foreclosure-tracker RealtyTrac reports that the number of foreclosures nationwide rose 7 percent on a month-to-month basis last month. However, 3 states dominated the foreclosure list, tallying more foreclosures between them than the rest of the country combined. California : 30.0 percent Florida :...