(May 28, 2009 Release) Highlights • Mortgage delinquency rates surged 124 basis points to a record high 9.12 percent in the first quarter from the fourth quarter of last year. • 1.37 percent of mortgages entered foreclosure in the first quarter, up 29 basis points from the fourth quarter of last year. • The total delinquency rate in the first … Read More »

(May 27, 2009 Release) Highlights • Existing home sales rose 2.9 percent to 4.68 million in April. The annualized home sales in April is now 3.5 percent below its level from a year ago. • April’s sales pace is close to its 3 month average of 4.65 million units. • The Northeast experienced an 11.6 percent increase in sales, while … Read More »

(May 26, 2009 Release) Highlights The Case-Shiller 10-city index fell 18.6 percent in March compared to a year earlier. The Case-Shiller 20-city index fell 18.7 percent in March compared to a year earlier. All of the 20 metros reported annual rates of decline. Case-Shiller Home Price Index, SA March 09 Yr/Yr % Change Atlanta 104.9 -15.7 Boston 145.8 -8.0 Charlotte … Read More »

(May 19, 2009 Release) Highlights • Residential housing construction registered 458,000 units in April, down 12.8 percent from March. The decline in housing starts was much stronger than expected. • The 3 month average is 519,000 which continues to reflect a dismal home building marketplace. • Most of the decline in starts were due to multi-family construction activity rather than … Read More »

(May 18, 2009 Release) Highlights • The housing market index rose by 2 points in May to 16 from a 14 registered in April. • The May index of 16 remains well below the 20 index of a year ago; but is 48 percent above its 6 month average. • The buyer traffic index heald steady at 13 in May. … Read More »

(May 12, 2009 Release) Highlights Existing home sales fell 6.8 percent in the first quarter of this year compared to a year earlier. The West was the only region in the nation to post year over year gains, registering 24.3 percent. The Northeast, Midwest and South registered year over year sales losses of 20.1, 13.1 and 12.7 percent, respectively. NAR … Read More »

(May 12, 2009 Release) Highlights • In the first quarter of 2009, 134 out of 152 metros experienced declines in median existing home prices from a year ago. • Foreclosures and short sales accounted for 45 percent of transactions in the fourth quarter, lowering the national median price to $169,100 which is 13.8 percent below the first quarter median price … Read More »

(May 4, 2009 Release) Highlights • The pending home sales index rose 3.2 percent in March to 84.6, compared to 82.0 in February. • The pending home sales index rose 1.1 percent from a year ago. • The South and West recorded monthly increases of 8.5 and 3.9 percent, respectively. The Midwest and Northeast recorded declines of 1.0 andd 5.7 … Read More »

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Top 15 Foreclosure Markets (As of May 7, 2009) Market Foreclosure Filings Las Vegas, NV 34,673 Phoenix, AZ 19,988 Chicago, IL 16,602 Los Angeles 11,693 Sacramento, CA 9,752 Miami, FL 8,517 San Diego, CA 8,506 Bakersfield, CA 7,500 North Las Vegas, NV 7,403 Indianapolis, IN 6,830 Tampa, FL 6,791 San Jose, CA 6,306 Stockton, CA 6,113 Riverside, CA 5,741 Henderson, … Read More »