Tag Archives: Cnbc

Record High New Home Prices Have Room to Grow

Supplies of new and existing homes are at levels not seen since the frenzy of the last housing boom. The phenomenon is national and not just relegated to the former boom markets. April listings were down 41 percent from a … Continue reading

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Homes Selling at Fastest Pace Since Boom

While homes are certainly selling faster, double digit price gains are not considered healthy, especially when wage growth is nowhere near that. At some point buyers will hit the wall, unable to afford the homes they want. (Read More: US … Continue reading

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The Other Housing Recovery: Agents’ Pay

About half of all licensed agents are members of this industry group, which is meeting in Washington, DC this week for a semi-annual conference. “To put that in perspective,the median realtor income had fallen by 35 percent during the housing … Continue reading

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Despite High Demand, Some Builders Slow Production

While smaller builders are taking the brunt of the price increases, the big public builders may actually be taking advantage of them. Knowing that supplies are low and demand is high, some are limiting sales in order to keep prices … Continue reading

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Beyond the Numbers, Confidence Returns to Housing

While first-timers are getting more interested, current homeowners are getting less interested, according to the Campbell survey. Meanwhile investor interest in housing rose to a four-month high, accompanied by a rise in sales of distressed properties. Investors, who largely buy … Continue reading

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