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More Than 15,000 Additional Homes Were Listed for Sale in January Within 27 Major U.S. Housing Markets Dennis Norman January marked the first time in 18 months that more homes were listed “for sale” compared to the previous month, with an additional 15,000 homes, or a 2.9 percent increase, listed for sale compared to [...] By: Dennis Norman This morning the U.S. Department of Commerce released a report showing the sale of New Homes in March decreased 0.6 percent from February and is 30.6% less than a year ago. A decline of less than 1%, following last February’s increase of 4.7% in sales I think again shows the market is perhaps [...] By: Dennis Norman This morning the U.S. Department of Commerce released a report showing the sale of New Homes in February increased 4.7% over January sales but was still 41.1% less than a year ago. It will take a lot more than this to conclude that we have “hit bottom” yet in the new home market but I think this [...] By: Dennis Norman This morning the U.S. Department of Commerce released a report showing the sale of New Homes in January was down 10.2% from December and down over 48% from a year ago. There is some good news in this report…consistent with the last few months, the number of new homes available for sale [...] By: Dennis Norman Property owners thinking of selling their homes as well as consumers thinking about buying a home are in the same boat. You will both find yourself in a challenging real estate and mortgage market in the shadows of a shaky economy. Real [...] |
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