Housing Analysis

Housing Starts Show Strength In Housing

December 21, 2011 by · Leave a Comment 

According to the U.S. Census Bureau, Single-Family Housing Starts rose to 447,000 units on a seasonally-adjusted, annualized basis in November — a 2 percent increase from October.

Home Builders Experiencing Heavy Foot Traffic And Higher Sales Volume

December 20, 2011 by · Leave a Comment 

In another good sign for the housing market, today’s home builders believe that the housing market has turned a corner. Homebuilder confidence is at a 19-month high.

Bank Repossessions Drop To A 44-Month Low

December 15, 2011 by · Leave a Comment 

According to foreclosure-tracker RealtyTrac, November’s foreclosure filings fell 3 percent as compared to October, and 14 percent from November 2010.

More Housing Strength : Pending Home Sales Surged In October

December 2, 2011 by · Leave a Comment 

After 3 consecutive months of easing, the Pending Home Sales Index jumped 10 percent in October, lending credence to the belief that housing is in recovery.

Case-Shiller Index: 17 Of 20 U.S. Housing Markets Slipped In September

November 30, 2011 by · Leave a Comment 

Standard & Poor’s released its September 2011 Case-Shiller Index this week. The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide.

New Home Supplies Fall To An 18-Month Low

November 29, 2011 by · Leave a Comment 

If you plan to buy of new construction in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be improving.

More Sales, Less Inventory : Home Prices Headed Higher?

November 23, 2011 by · Leave a Comment 

The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide.

Housing Starts Rising; New Construction Turns The Corner?

November 18, 2011 by · Leave a Comment 

Another day, another signal that the market for newly-built homes is improving. Single-Family Housing Starts rose to a seasonally-adjusted, annualized 430,000 units in October — a 4 percent increase from September and the highest reading in 3 months.

Homebuilders Getting Optimistic; Higher Home Prices Ahead?

November 17, 2011 by · Leave a Comment 

Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21

Foreclosure Filings Climbing; 4 States Account For Half Of Nationwide Activity

November 15, 2011 by · Leave a Comment 

According to foreclosure-tracking firm RealtyTrac, October’s foreclosure filings rose 7 percent to 231,000 filings nationwide. Activity concentrated in just 4 states nationwide — California, Florida, Michigan and Illinois.

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Rita Kerins-Neighborhood Expert Chicago Real Estate Broker