Archives: December 2012

Pending Home Sales Up In November

The pending home sales index rose 1.7% in November to 106.4, which is the highest level since April 2010. The index measures the number of contracts filed to buy homes. If you exclude the months that were bolstered by the homebuyer tax credit, which caused a spike in sales, this is the highest reading since February […]


Home Prices Up 4.3% For Year

Home prices have risen 4.3% in the past year, ending in October, according to the S&P Case-Shiller index. Home prices are being driven higher by rising demand, strong investor interest, a shrinking inventory of homes, and fewer foreclosed properties. The existing home inventory fell again in November to a 4.8 month supply according to the […]


Post Holiday Getaway?

 You have all probably begun the task of taking down the stockings, clearing out the boughs of holly, and sorting through endless toys needing batteries or sweaters one size too small. In the days immediately following the holidays, we tend to feel a sense of exhaustion, as opposed to that relaxed feeling one would get […]