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Industry Observer - CDRE #01044712
RECENT BLOG POSTS
On March 21, 2024, Hannah Jones published a very good interesting report on Realtor.com about best time to list a house for sale the week of April 14-20, 2024.1. Benefits of Listing April 14-20, 2024,2. Above average prices,3. Above average buyer demand,4. Fast market pace,5. Lower competition fr...
04/06/2024
On April 4, 2024, Realtor.com reported that nationwide median list price of a home was $424,900 in March of 2024, higher 0.2% from $424,100 median list price of a home in March of 2023.There were 694,820 listed inventory of homes in March of 2024, jumped 23.5% or 132,255 more homes listed in the ...
04/05/2024
On April 1, 2024, the U.S. Census Bureau reported nationwide construction spending declined 0.3% to $2,091.5 billion in February of 2024 from $2,096.9 billion January of 2024, but rose 10.7% from $1,889.6 billion in February of 2023.Nationwide private construction up 0.0% to $1,617.1 billion in F...
04/04/2024
On March 28, 2024, Realtor.com reported the fallowing nationwide median weekly housing trends for the week ending March 23, 2024.Total available listings gained 25.5% for the week ending March 23, 2024, from the same period of time in March of 2023.Time on the market declined 1 days for the week ...
04/03/2024
On March 158 2024, National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for newly built single family homes increased three points to 51 points in March of 2024 from 42 points in February of 2024.The HMI component charting buyer traffic up two points to 34 points, the HMI ...
04/02/2024
Every year on April 1st, and this year on Monday April 1, 2024, we celebrate April 1st Fools Day.There are several myths and theories about how, when, and where April 1st Fools Day developed.One theory suggest that April Fools' Day began in the 1500s when Julian calendar replaced by the Gregorian...
04/01/2024
Christians throughout the world this week are celebrating The Holy Week and Easter Holiday. We are celebrating Easter for the Resurrection of Our Lord on Easter Sunday March 31, 2024.The greatest joy and gift to have is the opportunity to exchange courteous and gracious greetings with those whose...
03/31/2024
On March 28, 2024, National Association of Realtors® (NAR) reported that nationwide pending contract signed home sales up 1.6% to an index of 75.6 in February of 2024 from January of 2024, but dropped 7.0% from February of 2023.Pending home sales index in the Northeast lower 0.3% to an index of 6...
03/30/2024
On March 19, 2024, California Association of Realtors (C.A.R) reported the home values decreased 1.9% to the price of $817,100 in February of 2024 from price of $833,000 in January of 2024, but rose 12.4% from price of $726,870 in February of 2023 in Los Angeles County, California. While, home sa...
03/29/2024
On March 21, 2024, National Association of Realtors® (NAR) reported that the median home value price was $384,500 in February of 2024 gained 7.7% from the price of $363,600 in February of 2023.Single family home sales were at annual rate of 3.97 million units in February of 2024 jumped 10.3% from...
03/29/2024
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John Pusa

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