http://www.inveslogic.com/tags/existing-home-sales Blog Articles Tagged with 'existing-home-sales' at http://www.inveslogic.com en http://www.inveslogic.com/sectors/directory/bubble-meter/1115769?rsstype=tag&tag=existing-home-sales From CNN Money:The government offered more discouraging news about the housing sector on Tuesday, reporting that new home sales rose slightly in July only after revising the previous month's number sharply lower.Sales for July came in at a seasonally... Wed, 27 Aug 2008 08:25:00 -0400 http://www.inveslogic.com/sectors/directory/bubble-meter/1115769?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/calculated-risk/1115569?rsstype=tag&tag=existing-home-sales There is wide disagreement in the comments on how much further New Home Sales will decline. Last year we had a contest on existing home sales (winners here). Note: although I didn't enter the contest, I predicted, at the end of 2006, existing home sa... Tue, 26 Aug 2008 15:05:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1115569?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/john-mugurian/1115168?rsstype=tag&tag=existing-home-sales As I watched the closing ceremonies of the 2008 Olympic games in Beijing, I came away from the entire event with a sense of awe. The Chinese did a wonderful job, and their attention to detail was beyond impressive.My takeaway from this massive show o... Mon, 25 Aug 2008 10:40:13 -0400 http://www.inveslogic.com/sectors/directory/john-mugurian/1115168?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/big-picture/1114625?rsstype=tag&tag=existing-home-sales Existing-home sales (Seasonally adjusted) rose 3.1% to an annual rate of 5.00 million units in July, from a downwardly revised level of 4.85 million in June. These are 13.2% percent lower than the 5.76 million-unit pace in July 2007.The sales level w... Mon, 25 Aug 2008 10:29:30 -0400 http://www.inveslogic.com/sectors/directory/big-picture/1114625?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/calculated-risk/1114730?rsstype=tag&tag=existing-home-sales From NAR: July Existing-Home Sales Show Gain Existing-home sales including single-family, townhomes, condominiums and co-ops increased 3.1 percent to a seasonally adjusted annual rate of 5.00 million units in July from a downwardly revised ... Mon, 25 Aug 2008 10:00:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1114730?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/calculated-risk/1113515?rsstype=tag&tag=existing-home-sales From DataQuick: Southland home sales post annual gain -- prices drop again The number of Southern California homes sold last month edged up to its highest level in more than a year as bargain hunters swept up foreclosure properties in affordable neig... Mon, 18 Aug 2008 15:16:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1113515?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/john-mugurian/1113984?rsstype=tag&tag=existing-home-sales Bullish signs? Not according to Warren Buffett!Based on the drop in oil and commodity prices, we can assume the CPI (inflation) numbers will begin to show less inflation. Right? I would be real quick to make that assumption.Inflationary pressures giv... Mon, 18 Aug 2008 10:13:59 -0400 http://www.inveslogic.com/sectors/directory/john-mugurian/1113984?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/bubble-meter/1113495?rsstype=tag&tag=existing-home-sales CNNMoney reports:More homeowners than ever are selling at a loss, propelling the real estate market deeper into crisis.In the 12 months that ended June 30, nearly 25% of all homes sold nationwide fetched less than sellers originally paid, according t... Fri, 15 Aug 2008 08:22:00 -0400 http://www.inveslogic.com/sectors/directory/bubble-meter/1113495?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/big-picture/1110848?rsstype=tag&tag=existing-home-sales Words from the (investment) wise for the week that was (July 28 August 3, 2008)As oil prices seesawed through the past week, fresh uncertainty about the outlook for the beleaguered financial sector triggered another wave of volatility in financia... Sun, 03 Aug 2008 07:00:00 -0400 http://www.inveslogic.com/sectors/directory/big-picture/1110848?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/big-picture/1109567?rsstype=tag&tag=existing-home-sales I've been meaning to go over some of the details in last week's Housing data. I was surprised to hear several commentators discuss the imminent turnaround in Housing. Mind you, these were the people who missed the entire significance of Housing befor... Mon, 28 Jul 2008 11:07:39 -0400 http://www.inveslogic.com/sectors/directory/big-picture/1109567?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/calculated-risk/1109676?rsstype=tag&tag=existing-home-sales Here are some graphs (and analysis) based on the Existing Home sales report from the National Association of Realtors (NAR). (note: I was out of town this week, and couldn't post these earlier) Click on graph for larger image in new window.The first ... Sat, 26 Jul 2008 14:08:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1109676?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/hot-property/1104177?rsstype=tag&tag=existing-home-sales Good news is a rare treat in this housing market. Today s National Association of Realtors report is at least mildly positive. It shows that existing home sales rose 2% in May to an annualized pace of 4.99 million compared to the April pace (But ne... Thu, 26 Jun 2008 15:32:25 -0400 http://www.inveslogic.com/sectors/directory/hot-property/1104177?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/calculated-risk/1104082?rsstype=tag&tag=existing-home-sales Click on graph for larger image in new window.This graph shows Not Seasonally Adjusted (NSA) existing home sales for 2005 through 2008. Sales are sharply lower in May 2008 compared to the previous three years. May is an important month for existing h... Thu, 26 Jun 2008 11:52:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1104082?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/calculated-risk/1104083?rsstype=tag&tag=existing-home-sales Note: for the 2nd month in a row, the NAR didn't release the Existing Home sales data online in a timely manner. The NAR reports: May Existing-Home Sales Show Modest GainExisting-home sales including single-family, townhomes, condominiums and co-... Thu, 26 Jun 2008 11:00:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1104083?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/calculated-risk/1104084?rsstype=tag&tag=existing-home-sales From MarketWatch: U.S. May existing-home sales rise 2% as expected The U.S. home and condo resales inched higher in May as prices continued to fall, the National Association of Realtors reported Thursday. Resales of U.S. houses and condos rose 2% to ... Thu, 26 Jun 2008 10:03:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1104084?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/calculated-risk/1097398?rsstype=tag&tag=existing-home-sales From DataQuick: Bay Area home sales return to record low in May After a record burst of activity between March and April, Bay Area home sales eased a bit last month to the slowest pace for a May in over 20 years. Sales were weakest in many higher-end... Wed, 18 Jun 2008 13:36:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1097398?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/calculated-risk/1094007?rsstype=tag&tag=existing-home-sales The New Jersey Real Estate Report finds an error in the NAR data for New Jersey:VINDICATION - NJ Q1 Home Sales down 30%The NAR reported New Jersey sales as flat, but now are correcting the data to show a 30% decline in sales.This probably has some im... Sat, 14 Jun 2008 10:27:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1094007?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/calculated-risk/1093634?rsstype=tag&tag=existing-home-sales The foreclosure article this morning contained an estimate from Lehman economists on foreclosure sales this year: Foreclosures will account for 30 percent of national home sales this year as 1.2 million foreclosed single-family homes will eventually ... Fri, 13 Jun 2008 12:32:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1093634?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/calculated-risk/1091577?rsstype=tag&tag=existing-home-sales From the WSJ: Foreclosures Make Up Majority of Sales in Sacramento The Sacramento Association of Realtors says that a whopping 65.5% of 1,654 homes sold by Realtors in May were bank-owned, foreclosed, homes....In Las Vegas, for example, about half of... Wed, 11 Jun 2008 17:37:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1091577?rsstype=tag&tag=existing-home-sales http://www.inveslogic.com/sectors/directory/bubble-meter/1089765?rsstype=tag&tag=existing-home-sales The Calculated Risk blog explains why the just-released pending home sales numbers are not as good as the press has made them out to be. In fact, Calculated Risk says, they are actually a negative omen for the future of housing prices.If we looked at... Tue, 10 Jun 2008 07:01:00 -0400 http://www.inveslogic.com/sectors/directory/bubble-meter/1089765?rsstype=tag&tag=existing-home-sales