November 28th, 2011
New home sales have risen in October, according to the Commerce Department and the Census Bureau, up both month over month as well as when compared to 2010. There are a few major factors for the increase in sales of new homes, one being the decline of overall inventory (including foreclosed units) forcing buyers to [...]
November 15th, 2011
A report released by the Census Bureau in October took a look back at home sales over the previous months and has determined that the sales of new homes increased slightly in September, reaching an annual rate of 313,000. The rate, which has been around 300,000 for several months, is a key indicator for both [...]
November 3rd, 2011
This week the US Census released data on homeownership statistics nationwide, finding that ownership rose slightly in the 3rd quarter over the previous quarter to 66.3%. Although only a minor increase over the previous quarter, it marks the first time since mid 2008 that the rate has increased quarter over quarter. Not surprisingly, the rate [...]
