1.March new home sales
“Trulia chief economist Jed Kolko on the drop in new home sales in March.”
2.Where Homes Are Going Fastest This Spring
“For-sale homes are disappearing from the market fastest in the San Francisco Bay Area, Denver, Seattle, and southern California. The 2014 spring market is moving slightly faster than 2013, led by the lowest price tier of homes.”
3.Cities where home prices are hitting new highs
“Big Oil, and the big money it has brought with it, has kept Dallas’ economy running on all cylinders. “
4.New-home sales tumble in March; prices rise
“New-home sales tumble in March; prices rise”
5.Mortgage Applications Decrease in Latest MBA Weekly Survey
“WASHINGTON, D.C. (April 23, 2014) — Mortgage applications decreased 3.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 18, 2014. “
6.Rising Home Prices Crack Foundation of U.S. Real-Estate Recovery
“A crack is starting to form in the foundation of the U.S. housing-market recovery that extends beyond bad winter weather. “
7.Housing rebound in U.S. loses steam as prices rise
“The housing recovery in the U.S. is running out of steam as buyers balk at record prices and higher mortgage rates that are making properties less affordable.”
8.Foreclosures in Sacramento fall far below historic norms
“Sacramento-area foreclosures fell far below long-term averages in the first few months of this year, continuing to decrease as the housing and job markets recovered, DataQuick reported Tuesday.”
9.The façade of a recovering housing market: New home sales collapse and supply of inventory finally reaches six months.
“New home sales had a horrible reading in the latest set of data. Hard to blame the polar vortex on this one since the only area in the country that saw a jump in sales was in the frigid Northeast but what of the other areas?”
10.Realtors: California pending home sales jump in March
“California pending home sales increased more than usual in March and rose to the highest level in eight months, according to figures compiled by the California Association of Realtors.”
11.San Fernando Valley housing inventory jumps 50 percent
“The number of homes for sale soared 50 percent in the San Fernando Valley during March, but sales remained soft as prices crested the half-million-dollar mark, a trade association said Monday.”
12.10 Reasons Why Homeowners Have an Edge on Renters
“Homebuying has earned a bad rap in recent years: The subprime mortgage crisis and ensuing economic meltdown left many homeowners underwater, unable to pay their mortgage and even facing foreclosure.”
13.47 Least Affordable U.S. Housing Markets
“RealtyTrac recently analyzed the affordability of renting and buying in 1,586 U.S. counties and found a surprising number of Americans living in markets that are unaffordable by traditional standards.”
14.California Foreclosure Starts Hover Near 8-Year Low
“La Jolla, CA.–For the third consecutive quarter California foreclosure starts remained little changed at a level last seen in early 2006, the result of steady economic growth and higher home values. Foreclosure processors are still mostly plowing through a pool of toxic subprime mortgages originated back in mid-to-late 2006, a real estate information service reported. “
TonyAlvarez.com