Archive for NAR

Purchase Mortgage Applications Chart - Click to enlarge

(Originally posted at the Wall Street Examiner.) Two housing market indicators released over the last two days suggest that the market is making a seasonal peak at a weaker level than last year,… Read more

The Numbers Still Say 30% Down 30% To Go

Dec 30
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property price index case shiller 1987 oct 2009 by new observations

It’s very nice that values achieved a gain of .013% in October, but we still have a 30% fall ahead of us and, as you know, we have a 30% fall behind us. Better send in your mortgage… Read more

units for sale NAR 1999 to 10 2009

Inventory of single-family homes fell 60,000 units in October. They remain oversupplied by 908,000 units when compared to the long-run average. The total of existing units for sale equals 3.57… Read more