Monthly Archives: May 2016

And you think our housing is pricey???

luxury

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What is more important in housing; when did you buy or what did you buy?

BirchMarketUpdate05_26_2016

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Hot prices?; Wake County heat map illustrating percentage house price change by zip

BirchMarketUpdate05_27_2016

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National new home sales for April; 2016, a blow out month!!

Sales of new single-family houses in April 2016 were 619,000 at a seasonally adjusted annual rate (SAAR), up 16.6 percent from March’s revised rate and up 23.8 percent from April 2015.

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National home builder confidence index for May, 2016

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Quicken Loans national report on the difference in home values between appraisers and homeowners

Quicken L

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National new home permits and starts for April, 2016; both down compared to 4/15

Building permits in April 2016 were at a seasonally adjusted annual rate (SAAR) of 1,116,000, up 3.6 percent from the revised March rate, but down 5.3 percent from April 2015. Housing starts in April 2016 were at a SAAR of … Continue reading

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Graphs that illustrate a positive future for homebuilders

hba

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Homeownership metrics for 1Q/16

Holding Homeownership While the seasonally adjusted Q1/16 homeownership rate of 63.6% slipped from 63.7% in Q4/15, the long decline in homeownership is over. In Q1/15, the rate was 63.8%, just 0.2 percentage points above where it is now, its smallest … Continue reading

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Wake County re-sale market; a tale of two markets

BirchMarketUpdate05_03_2016

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