This house had 22 offers. Here’s why the owners didn’t take the highest from CNBC.

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Jobs, jobs, jobs.

Sep 9, 2015

We know that when peoples have good jobs they are more likely to buy things, including houses.  The most recent employment data shows a low unemployment rate of 5.1%.  The unemployment rate is great but the Labor Force Participation Rate, folks able to be employed but are not seeking employment, remains at historic lows.  The economy  is improving just not as quickly as economist would like.

mbshsep2015jobs

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Monthly Housing data

Sep 2, 2015

housing-infographic-8-28-15

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Marketwatch

2013 saw the most existing-home sales in seven years as an improving economy and pent-up demand boosted results, according to data released Thursday. Here’s how it happened.

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risingvaluerePosted: Thursday, December 12, 2013 12:00 am | Updated: 8:10 am, Thu Dec 12, 2013.

BY BRANDON SHULLEETA
Richmond Times-Dispatch

Property values are on the rise in Hanover County for the first time since 2009, according to data released Wednesday.

Officials are expecting a 2.11 percent increase in the county’s tax base next year Read full article

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Although the housing market has shown a healthy recovery over the past two years, unnecessarily restrictive mortgage lending standards are preventing some financially qualified buyers from reaching their dreams, especially singles and first-time buyers, according to an annual study released today.

The 2013 National Association of Realtors® Profile of Home Buyers and Sellers continues a long-running series of large national NAR surveys evaluating the demographics, preferences, motivations, plans and experiences of recent home buyers and seller….

Read full article

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Positive Housing Data

Sep 24, 2013

Two reports show a strong housing market.  Both  S&P/Case Shiller and The Federal Housing and Finance Agency (FHFA) House Price Index show month to month and year to year rising home values in July.

The Case-Shiller Home Price index report shows values riding in all 20 cities it tracks.  Month to month values increasing 1.8% and year to year appreciation of 12.4%.  Read more by clicking here..

  case-shiller-9-24

 

The FHFA report shows that values of home financed with conforming mortgages were up by 1% onth to month in July and 8.8% year to year.

fhfa-9-24

 

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corelogic-hpi-9-3Sep 3 2013, 10:45AM
Read full Article from Mortgage News Daily
.

Home prices jumped by 1.8 percent nationally during the month of July.   CoreLogic reported that values on its Home Price Index (HPI) which excludes sales of distressed homes, rose in every state during the month, and when distressed prices are included only one state, Delaware, posted a drop in its HPI.

The annual rate of increase on the HPI is 12.4 percent and is the 17th consecutive month in which the year-over-year index values have increased on a national basis.  When distressed sales (short sales and lender-owned real estate or ORE) are included the annual appreciation is 11.4 percent and the increase from June was 1.7 percent.

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