Tag Archives: housing reports

Redfin Housing Demand Index Cooled in October

After a Strong September, Fewer Buyers Toured Homes and Made Offers in October By Jeff Sorg, OnlineEd Blog (December 1, 2016) – The Redfin Housing Demand Index declined 3.5 percent to a seasonally-adjusted level of 100 in October, according to Redfin (www.redfin.com), the next-generation real estate brokerage. A level of 100 represents the historical average for […]

Renters Continue To Perceive Obtaining a Mortgage is Difficult

Renters strongly prefer to own instead of rent By Jeff Sorg, OnlineEd Blog (June 7, 2016) – According to the results of the Federal Reserve Bank of New York’s  February 2016 SCE Housing Survey, renters continue to perceive obtaining a mortgage (if they wanted to buy a home) as difficult, with two-thirds stating that it would […]

2015 To Be The Best Year For Home Sales Since 2007, Says Freddie Mac Report On Housing

(Jeff Sorg, OnlineEd) – Between now and the end of June, we’ll see about 40 percent of all home sales for the year. These next few months will essentially tell us whether or not 2015 will be a good or bad year for housing markets. According to the latest Freddie Mac March 2015 U.S. Economic & Housing Market Outlook report, […]

NAR Reports Sales Decline to Lowest Level in 9 Months

(Jeff Sorg, OnlineEd) –  The National Association of Realtors® is reporting that existing-home sales declined in January to their lowest rate in nine months. All major regions experienced declines in January, with the Northeast and West seeing the largest, but sales remain higher than a year ago by 3.2% . Total existing-home sales are completed transactions that include […]