median home prices

    By Joseph Lazzaro

    | 4:00PM 4/07/2011
    If you're trying to decide whether it's time to consider buying a house, the best clues can be found in the new and existing home inventory numbers. And despite all the other positive indicators, those figures are still much too high for comfort.

    By Joseph Lazzaro

    | 11:43AM 8/25/2010
    It's a summer for the record books in the U.S. housing sector -- and not in a good way. New-home sales unexpectedly plunged 12.4% in July to the lowest level since the Commerce Department began keeping records for the statistic in 1963.

    By Charles Feldman

    | 3:30PM 12/28/2009
    Though imperfect in many ways, the government does have a number of options for the average homeowner in need of assistance to avoid foreclosure. But the U.S. median home price in October stood at only $173,000, down a whopping 25% from a high back in 2006 of about $230,200. What happens if you...

    By Charles Hugh Smith

    | 8:30AM 10/21/2009
    Fiserv, a financial information and analysis firm, is forecasting that national median home prices will fall 11.3 percent by summer 2010. The recent surge in home sales and new homes under construction have launched a feeding frenzy in the hardest hit Sunbelt and California markets as investors...

    By Joseph Lazzaro

    | 10:30AM 5/26/2009
    The U.S. housing sector's long, painful journey hit another bump in March. Home prices in 20 cities declined at an 18.7 percent annual pace in March -- a larger decline than February's annual pace, according to the S&P/Case-Shiller U.S. National Home Price Index (pdf). What's more, home prices...

    By Joseph Lazzaro

    | 12:45PM 5/20/2009
    There's no more telling stat of the scope and depth of both the U.S. housing and economic downturns than what it's done to prices at the high end. Median home prices in the Hamptons, the preferred beach destination for New York's rich, plummeted 28 percent in the past year, according to data...

    By Joseph Lazzaro

    | 12:30PM 4/23/2009
    Don't look now, but a small but positive trend may be forming in the U.S. housing sector, just as the warmer months arrive. U.S. existing home sales fell three percent in March to a seasonally-adjusted annual rate to 4.57 million units, the the National Association of Realtors announced...

    By Joseph Lazzaro

    | 6:00PM 4/21/2009
    Thinking about taking advantage of the housing slump by scooping up a house whose price has declined 30 or 40 percent? Well, in Latin the phrase is, Caveat emptor, or 'Let the buyer beware,' and that advice applies more than ever in today's housing market. When it comes to houses, you'd better do...

    By Joseph Lazzaro

    | 12:00PM 3/23/2009
    It doesn't take an MIT mathematician to figure out that it's a home buyer's market in most areas in the United States, and February's existing home price data provides further confirmation. Existing home sales rose 5.1 percent in February to a seasonally-adjusted annual rate of 4.72 million...

    By Joseph Lazzaro

    | 2:00PM 2/20/2009
    It's another stat that's indicative of the challenging times for both homeowners and lenders: luxury homeowners are falling behind in their payments at levels not seen in more than a decade. About 2.6% of prime borrowers who took out a jumbo loan last year were at least 60 days delinquent -- the...