Tag Archives: Housing+sales

Pending Home Sales Numbers Interpreted

The number I like to watch most closely is the Pending Home sales as reported by the National Association of Realtors (NAR).  This number reflects the homes that have entered contract, rather than those that have closed.  This significant difference … Continue reading

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Jobs, Inflation, Cheap Money and Notes From The Trenches

As I wait for the all important Pending Homes sales number from the National Association of Realtors today, the Jobs report has just come out.  The job creation numbers today point to a modest and continuing recovery.  Inflation remains around … Continue reading

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Buying Contingent In California: A Case Study

In light of the overwhelming election results, and while we wait for QE2, I thought today rather than interpret, analyze and hypothesize about what will happen next, I’d instead talk about selling houses. A buyer of mine purchases a home … Continue reading

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Housing Sales Post Largest Gain In 28 Years

Yesterday’s revelations about the 10% increase in existing home sales, which crushed analyst’s expectations, went largely poo-poo’d by the talking heads like Diana Olick from CNBC.  Their rational for this, is that we are still seeing the tail end of … Continue reading

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