ROGER W. WEBB

May 2014 - Posts

• Pending Home Sales Creep Up 0.4% in April

  The National Association of Realtors (NAR) recorded a 0.4 percent gain in its Pending Home Sales Index (PHSI) for April, bringing it up to 97.8. A measure of contract signings, the index serves as a forward-looking indicator for future sales activity. Read More... Posted Friday, May 30, 2014 8:19 AM by WEBB REAL ESTATE TEAM | 0 Comments

• 9.7 Million Homeowners Underwater

  The number of underwater borrowers continues to fall, but that was about the only good news Zillow had to report in its latest look at negative equity. The company released Tuesday its Negative Equity Report for the first quarter, revealing an estimated Read More... Posted Thursday, May 22, 2014 6:55 AM by WEBB REAL ESTATE TEAM | 0 Comments

• Home Price Growth Slows in Q1

  According to the latest quarterly report by the National Association of Realtors (NAR), year-over-year home price growth continued in most metros, albeit at a slightly lessened pace. The median existing single-family home price increased in 74 percent Read More... Posted Tuesday, May 13, 2014 7:19 AM by WEBB REAL ESTATE TEAM | 0 Comments

• All-Cash Residential Sales Reach New High

  The share of all-cash sales reached a new high in the first quarter of 2014, even as the total share of institutional investor purchases dropped to near-record lows. All-cash sales made up 42.7 percent of all U.S. residential property sales for Q1, up Read More... Posted Thursday, May 8, 2014 7:52 AM by WEBB REAL ESTATE TEAM | 0 Comments