The housing market continues to show signs of strength. Existing home sales rebounded strongly in May after an April swoon, increasing by 5.1 percent for the month and by more than 9 percent year-over year. Pending home sales, measured by a National Association of Realtors reached their highest level in 9 years – posting their… Read More »

“Boomerang” buyers may not provide the “oomph” some housing market analysts have been predicting. A recent study by the National Association of Realtors (NAR) identifies several obstacles likely to prevent formerly distressed buyers, who lost their homes during the downturn, from re-entering the market. The NAR studied the records of nearly 9.3 million owners who… Read More »

Since the economic downturn and well into the housing recovery, real estate industry executives have been blaming unduly conservative appraisals for scuttling home sales. But the gap between what owners think their homes are worth and the values appraisers are estimating is getting narrower. In fact, according to a Quicken Loans index of November sales,… Read More »