Monthly Archives: August 2013

CNBC article on the current state of residential investment

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CNBC article on national house prices “defying gravity”

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National residential sales for July 2013

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FHFA graph of house price change since January of 1991

2013Q2HPI82213Final This is a great graph illustrating the benefits of homeownership. The compounded rate of change since 1/91 has been 3.2%. National house prices approximate 2005 levels. In our market, house prices are roughly at 2006 levels.

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FHFA HPI press release for 2Q13

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FHFA House Price Index for 2Q13

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Wake County housing starts

The number of permits issued during the first 7 months of this year increased 37% and the volume associated with those permits increased 41%. This indicates a trend back towards more expensive housing. July, 2013 permits issued were down 1% … Continue reading

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