RealEstateEconomyWatch.com Insight and Intelligence on Residential Real Estate
Purchase/Refi Origination Shares (As of June 4, 2009) Month Purchase Share Refinance Share Jan 08 54 46 Feb 08 50 50 Mar 08 48 52 Apr 08 46 54 May 08 51 49 Jun 08 62 38 Jul 08 62 38 Aug 08 66 34 Sep 08 55 45 Oct 08 58 42 Nov 08 44 56 Dec 08 31 … Read More »
Archives
Existing Home Sales (NAR)
Purchase-Only House Price Index (FHFA)
(April 22, 2009 Release) Highlights • The purchase-only index fell 6.5 percent in February compared to a year ago. • The regions experiencing the largest price declines were the Pacific region (-19.1%), the Mountain region (-9.2%) and the South Atlantic region (-8.0%). • The regions experiencing the smallest price declines or modest gains were the West South Central region (0.6%), … Read More »
Foreclosures (Realty Trac)
Home Search (Trulia)
Housing Market Index (NAHB)
State Home Sales (NAR)
(February 12, 2009 Release) Highlights Existing home sales fell 5.9 percent in the fourth quarter of last year compared to a year earlier. The West was the only region in the nation to post year over year gains, registering 26.5 percent. The Northeast, Midwest and South registered year over year sales losses of 13.9, 13.4 and 12.4 percent, respectively. NAR … Read More »
Housing Affordability Index (NAR)
(Release) Highlights • The affordability index for March fell to 166.7 from 174.4 in February. • The affordability index is now firmly below its record high of 176.9 recorded in January. • The affordability index is 30.8 points above its year ago levels. Source: National Association of Realtors NAR Housing Affordability Index Mar 09 Feb 09 1 year ago United … Read More »
New Residential Construction (Census Bureau)
(April 16, 2009 Release) Highlights • Residential housing construction registered 510,000 units in March, down 10.8 percent from February. The decline in housing starts was much stronger than expected. • The 3 month average is 523,000 which continues to reflect a dismal home building marketplace. The March starts number is 48 percent below a year ago. • Most of the … Read More »
Mortgage Delinquency Report (MBA) 4Q 08
(March 5, 2009 Release) Highlights • Mortgage delinquency rates surged 89 basis points to a record high in the fourth quarter to 7.88 percent from the third quarter. • 1.08 percent of mortgages entered foreclosure in the fourth quarter, up 1 basis point from the third quarter. • The total delinquency rate in the fourth quarter of 2008 was 206 … Read More »