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Kobe Bryant sets price record with Newport Coast home sale

Kobe Bryant is finding new ways to add records to his storied career.

Actors Jason Biggs, Jenny Mollen hoist another house onto the market

Actor Jason Biggs of “Orange Is the New Black” and his wife, actress-author Jenny Mollen, have put another home up for sale. This one’s in the Beverly Hills Post Office area, and they’re asking $4.795 million.


I have been reporting on new home sales for years and track this facet of the market with a great deal of interest as a Master in Residential Marketing through the NAHB. I find the new home market to be a strong barometer of what is happening with the market as a whole. A stat […]

BuilderBytes' MetroIntelligence Economic Update for 5/28/15

Please click here to see the edition of BuilderBytes for 5/28/15 on the Web. In this issue of the MetroIntelligence Economic Update, I covered the following indicators: New home sales jumped in April more than expected Case-Shiller Indices...Show More Summary

New home sales edge to five-year high

Housing Industry Association report shows new home sales increase 0.6% in April.

New home sales inch higher in April

Housing Industry Association new home sales report shows 0.6% increase.

Housing’s Tale of Two Cities

It was the best of times. It was the worst of times. Allow me to use yesterday’s new home sales report from the Census Bureau to illustrate. New home sale prices in April rose 8.3% year over year. New home sale prices are based on current contracts in the survey month so they give us a…

Own a former party island with NYC views in Connecticut

Last week, a Long Island, New York home that inspired some of F. Scott Fitzgerald’s Gatsby party scenes went on the market. This week a whole party island is for sale. According to real estate site, Zillow, Tavern Island in Norwalk, Conn. was used as a speakeasy during Prohibition. It was owned by Billy Rose,

New Home Sales Reflect Today’s 3% Mortgage Rates

Mortgage rates are low and U.S. rents are rising. Home buyers are snapping up today's new construction. Analysis, plus access to mortgage rates which still average less than 4 percent. Click for the complete post : New Home Sales Reflect Today’s 3% Mortgage Rates.

New Homes Sales Surprise Forecast

This morning's release of the April New Homes Sales from the Census Bureau at 517K was 7K above forecast, with the previous month an upward revision. The forecast was for 510K sales, which...

New Home Sales Bounce From Dismal April Numbers

New Home Sales ReboundLast month, new home sales fell a very steep 11.4 percent to a 481,000 annual rate. Given the volatile nature of this series one might have expected a bounce in May and sure enough we got one, albeit not enoughShow More Summary

New home sales, prices rise strongly in April, on Midwest Strength

``New homes sales jumped 36.8 percent in the Midwest to a seven-year high and increased 5.8 percent in the South. Sales fell 5.6 percent in the Northeast and slipped 2.3 percent in the West.''

Comments on New Home Sales

The new home sales report for April was above expectations at 517 thousand on a seasonally adjusted annual rate basis (SAAR). Earlier: New Home Sales increased to 517,000 Annual Rate in AprilThe Census Bureau reported that new home sales this year, through April, were 179,000, Not seasonally adjusted (NSA). Show More Summary

New Home Sales Rebound Despite Median Price Rising To Just Shy Of All Time High

Following last month's disappointing slump to only 481K new home sales in March (now revised to 484K) which was the biggest drop in nearly 2 years driven by a collapse in Northeast transactions, according to the latest new home sales...Show More Summary

New Home Sales increased to 517,000 Annual Rate in April

The Census Bureau reports New Home Sales in April were at a seasonally adjusted annual rate (SAAR) of 517 thousand. The previous three months were revised up by a total of 5 thousand (SA)."Sales of new single-family houses in April 2015 were at a seasonally adjusted annual rate of 517,000, according to estimates released jointly today by the U.S. Show More Summary

U.S. new home sales, prices rise strongly in April

New U.S. single-family home sales rose more than expected in April and the median price surged, suggesting the housing market recovery was gaining traction. The Commerce Department said on Tuesday sales increased 6.8 percent to a seasonally adjusted annual rate of 517,000 units. Show More Summary

New home sales spike in April (ITB, XHB, PKB, HOMX, FLM)

New home sales rose more than expectations in April. Data from the Census Bureau showed that new home sales rebounded and rose 6.8% to an annual rate of 517,000. Economists had expected that new home sales rose 5.0% to an annual rate...Show More Summary

Tuesday: New Home Sales, Case-Shiller House Prices, Durable Goods and More

From Bloomberg: What Would Happen If Greece Doesn’t Pay the IMF: Q&AQ: What will the IMF do?A: A missed payment date starts the clock ticking. Two weeks after the initial due date and a cable from Washington urging immediate payment,...Show More Summary

Schedule for Week of May 24, 2015

The key reports this week are April New Home sales on Tuesday, the 2nd estimate of Q1 GDP on Friday, and March Case-Shiller house prices on Tuesday.For manufacturing, the May Richmond and Dallas Fed surveys will be released this week. Show More Summary

Existing Home Sales Lower Than Any Economist's Estimate; Rising Supply a Good Thing?

Existing Home Sales DisappointEconomists overestimated existing home sales today, rounding out another impressive day of overoptimism.New home sales came in at a seasonally adjusted 5.04 million annualized rate.The Bloomberg Consensus Estimate was 5.22 million. Show More Summary

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