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Frank Lloyd Wright hexagonal home up for sale in New Jersey

Located in Glen Ridge, it’s asking just under $1M A new Frank Lloyd Wright home has come on the market, this time in Glen Ridge, New Jersey, where it is one of three remaining homes in the Garden State designed by the architect (a fourth...Show More Summary

Redfin: the San Francisco real estate market finally plateaued

Although there are more homes for sale in San Francisco than this time last year, the number of new listings added to the market declined 7 percent compared to August...

'The current housing recovery could stall'

"The current housing recovery could stall" if new construction does not pick up, according to the National Association of Realtors. The NAR said in its monthly report on Thursday that pending sales of single-family homes, condos and co-ops fell 2.4% in August. Show More Summary

New Galaxy Note 7 sales resume in Korea Oct. 1 as recall expected to hit 80% completion

Samsung restarts TV commercials for the phone, throws in cheaper screen replacements for its home market. Samsung moving towards the conclusion of its Galaxy Note 7 recall — at least in its home market of South Korea. According to Reuters,...Show More Summary

5 Negotiation Tricks That’ll Win a Home Bidding War

If you're in the market for a new home, you might have discovered a frustrating truth by now: There aren't as many homes available for sale these days. The National Association of Realtors reported at the end of July, there were 2.13 million existing homes available for sale across the country....

Economic Statistics for 27 Sep 16

New home sales fell -7.6% in August, to a 609,000 annual rate. July’s reading was revised upwards, however, by 5,000, resulting in a July increase of 13.8%. The Dallas Fed Manufacturing Survey for September rose from 4.5 to 16.7. What used to be called the Case-Shiller Home Price Index, then the S&P Case-Shiller HPI, and, as of […]

New Home Sales Biggest Monthly Decline In History- A Warning Shot

The Commerce Department reported today that sales of newly built homes posted a seasonally adjusted month to month decline of 7.6% to an annualized rate of 609,000. This was near the consensus guess of economists of 602,000 according to the Wall Street Journal. Show More Summary

Peregruzka! New Home Sales Fall 7.6% In August (UP 20% YoY While Median Sales Price Falls 5.4% YoY)

New home sales fell 7.6% in August. The US is now back to January 1995 start levels. The post Peregruzka! New Home Sales Fall 7.6% In August (UP 20% YoY While Median Sales Price Falls 5.4% YoY) was originally published at The Wall Street Examiner. Follow the money!

Sales of new homes tumbled 7.6 percent in August

Median price of a new home sold in August was $284,000, down 3.1 percent from July and 5.3 percent lower than a year ago

A few Comments on August New Home Sales

The new home sales report for August was strong at 609,000 on a seasonally adjusted annual rate basis (SAAR) - the highest for the month of August since 2007 - and the second highest sales rate since January 2008 (only last month was higher). Show More Summary

Sales of new homes tumbled 7.6 percent in August

Sales of new homes retreated in August, one month after surging to the highest level in nearly nine years. Activity fell in all regions of the country except the West. … Click to Continue »

New home sales drop 7.6% in August nationwide but rise in the West

Sales of new homes retreated in August, one month after surging to the highest level in nearly nine years. Activity fell in all regions of the country except the West. New home sales dropped 7.6% last month to a seasonally adjusted annual rate of 609,000 units, the Commerce Department reported...

New Home Sales decreased to 609,000 Annual Rate in August

The Census Bureau reports New Home Sales in August were at a seasonally adjusted annual rate (SAAR) of 609 thousand. The previous three months were revised down by a total of 4 thousand (SAAR)."Sales of new single-family houses in August...Show More Summary

New Home Sales Tumble As Prices Hit 2-Year Lows

Following July's exuberant spike, August saw new home sales tumbled 7.6% MoM (better than expected 8.3% drop) catching down to Existing and Pending Home Sales (and Housing Starts) plunge. Perhaps more problematic, the median new home...Show More Summary

Here come new home sales ... (XHB, ITB)

The Census Bureau will release data on new home sales during August at 10 a.m. ET. Economists forecast that sales fell 8.3% at a seasonally adjusted annual rate of 600,000, according to Bloomberg. That would be a sharp pullback from a strong pace last month, by 12.4% at a rate of 654,000, which was the strongest since 2007. Show More Summary

Monday: New Home Sales, Presidential Debate

I mentioned this on twitter earlier today:I spoke to a local infill spec builder yesterday who has been asking me for advice for several years (and happy with my advice!). The builder brought up the election... The spec builder told me he was thinking of voting for Trump because his tax rate would be lower. Show More Summary

Schedule for Week of Sept 25, 2016

The key economic report this week is August New Home Sales. Other key indicators include Personal Income and Outlays for August, and the Case-Shiller House Price Index for July.Also the third estimate of Q2 GDP will be released.For manufacturing,...Show More Summary

Twitter reportedly considering a sale, with Google and Salesforce circling

The blue bird may finally find a new home. Twitter has received interest in a potential purchase, CNBC reported via anonymous sources Friday, which could lead to a bid in the near future. News of the report sent Twitter shares climbing...Show More Summary

Kill Wi-Fi dead spots in your home for just $15 with this Amazon sale

Wi-Fi range extenders can be a fantastic low-cost option when you're trying to extend the range of your home Wi-Fi network without having to invest big bucks in a new router that packs more power. Range extenders plug into any standard wall outlet and boost the Wi-Fi coverage in your home by providing a new point from which signal is broadcast. Show More Summary

4 different professional grade home security camera systems are on sale on Amazon today

There is a new generation of simple but effective home security cameras that are affordable all-in-one solutions for home security. One example is the Piper nv, a personal favorite of ours, and another example is the Nest Cam. But if...Show More Summary

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