Existing Home Sales

Existing Home Supply Still High

by Glenn Busch October 20, 2011
Thumbnail image for Existing Home Supply Still High

Several factors still weigh on the housing sector but chief among them is the large supply of existing homes. According to the most recent existing home sales report by the National Association of Realtors the supply of homes as measured in months of supply is at 8.5.

[Read the full article...]

Housing Sector Still Slowly Improving

by Glenn Busch June 29, 2011
Thumbnail image for Housing Sector Still Slowly Improving

The National Association of Realtors (NAR) released their Pending Home Sales Report for the month of May this morning. While not as influential as the other housing reports, the pending home sales release has some good news for the housing sector.

[Read the full article...]

Existing Home Sales Decline

by Glenn Busch June 21, 2011
Thumbnail image for Existing Home Sales Decline

The key item to take away from this report is the supply of existing homes. The net worth of a lot of people resides in the equity in their home. If there are too many homes for sale than the median price for a house will drop and home equity will be hit. Again, initially it looks bad.

[Read the full article...]