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Census: New Home Sales Rise With Decline In Median Price
The Census Bureau reported new home sales for February that were 12.8 percent higher than a year ago. New home sales posted at a seasonally adjusted annual rate of 592,000, with the bulk of the sales...
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New Home Sales Rise In March, Back To 1971 Levels
The Census Bureau reported that March new home sales posted at a seasonally adjusted annual rate of 621,000 units. This was up 5.8 percent from revised February numbers and the third consecutive month...
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New Home Sales Tumbled In April, Unchanged Year-Over-Year
So much for the Trump bump euphoria. New home sales tumbled in April, posting at a seasonally adjusted annual rate of 569,000. This was 73,000 below the revised March figure and far below analysts...
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NAR: Existing Home Sales Slip 2.3% In April
Existing home sales for April slipped 2.3 percent according to The National Association of Realtors. This comes on the back of the sharp correction in new home sales reported yesterday by the Census...
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Rent vs Buy In Houston Texas? Don’t Ask Trulia
The Houston Chronicle’s real estate desk offered up another dose of “fake news” when they regurgitated Trulia’s latest edition of rent vs buy calculations. In Layman’s terms Trulia’s rent vs buy...
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New Home Sales Rebound In May
The Census Bureau reported a rebound for new home sales in May. New residential home sales posted at a seasonally adjusted annual rate of 610,000. This was 2.9 percent higher than the revised April...
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Dallas Tx Home Prices Distorted By Fed Liquidity
Dallas Tx home prices continued to pusher higher this summer, but there is more to the story that you are not being told. Global central banks continue to levitate markets higher in a frenzied attempt...
View ArticleDallas Home Prices Challenge Builders
Dallas home prices are expensive, and builders are finally getting the message. That’s the news from the most recent data on home starts in the DFW area, which reportedly surged in the 3rd quarter....
View ArticleDenton TX Home Prices Take A Breather
Denton TX home prices have leveled off during the last few months as the rampant home price inflation seen throughout the DFW area softened the last few months. Typical seasonal factors are at play as...
View ArticleMore Denton County Homes For Sale As QE Unwind Begins
As the Federal Reserve begins their QE unwind, one interesting metric to watch will be the number of Denton County homes for sale. The number of Denton TX homes for sale was up 34 percent...
View ArticleAverage New Home Size Continues To Shrink
The National Association of Home Builders reported that the median and average size of a new home in the U.S. continued to decline in the third quarter. Third quarter numbers on housing starts show...
View ArticleNew Home Sales Jump In October, Average Prices Hit New High
New home sales continued to enjoy a hurricane-related boost in October. The Census Bureau reported new single-family home sales at a seasonally adjusted annual rate of 685,000, up 6.2 percent from...
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Denton County Home Prices Closing Year On High Note
Denton County home prices and sales volume have remained strong into the holiday season. After experiencing a soft patch in September home sales in Denton County resumed their march higher. It would...
View ArticleFed Balance Sheet Unwind Proceeding At Snails Pace
The balance sheet unwind for the Federal Reserve is proceeding at a snails pace. After a rather large jump in the securities holdings last week, we should have seen a resumption in the balance sheet...
View ArticleDenton County Home Rental Prices Stagnate
Single-family rental prices in Denton County were basically flat during December. As home prices have continued to creep higher in the area, average rents for single-family homes in Denton County are...
View ArticleDenton County Home Construction Marches Higher
Denton County home construction pushed higher at the end of 2017, with the number of new homes on the market up over 16 percent. That figure is likely even higher since some new home construction is...
View ArticleBalance Sheet Unwind Hits Reverse As Interest Paid To Banks Soars
True to form, the Federal Reserve is taking a rather cautious approach to their balance sheet unwind with this week’s System Open Market Account (SOMA) report showing an INCREASE of a $million in the...
View ArticleFed Unwinds $21 Billion, Markets Puke On Higher Yields
The Federal Reserve System Open Market Account Holdings (SOMA) report for January 31st finally revealed the balance sheet unwind in action. Since the Fed announced their balance sheet unwind last year,...
View ArticleDC’s Fiscal Lunacy, Fed’s Unwind Creating Waves For Housing Market
The fiscal lunacy in Washington and the Federal Reserve’s balance sheet unwind are creating waves for the housing market. 2018 was starting off on the right foot with a noticeable, yet moderate rise in...
View ArticleDenton County Home Sales, Prices Push Higher In January
Denton County home sales pushed higher in January along with average prices. Closed home sales in Denton County rose about 4 percent compared to last year while the average price of a Denton County...
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