Posts by John Yellig

New-home sales jump in September despite interest rates 

The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development...

Short supply helps drive existing-home sales to 13-year low 

The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September...

Housing starts rebound in September after August dip 

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government...

Coldwell Banker Affiliates names Jason Waugh president 

Waugh most recently served as president and CEO of Berkshire Hathaway HomeServices Northwest Real Estate and Berkshire Hathaway HomeServices Real Estate Professionals....

MBA: Mortgage apps rise on increase in ARM activity 

A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly...

NAR: Pending-home sales fall 7.1% on high interest rates 

Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS®...

NAR: Existing-home price rises again as sales continue to slide 

Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS®...

CoreLogic: Home-price growth picks up speed in July 

CoreLogic expects prices to continue to grow through next year, albeit at a more traditional pace than in the height of the...

NAR: Pending-home sales post second monthly increase in a row 

Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future...

Case-Shiller: Home-price index just 0.02% off 2022 peak; Dallas sees 4.1% decline 

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to...

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