Current Housing Indicators |
| CURRENT | PREVIOUS | ||
| Existing Home Sales | 4.49m | ▼ | 4.74m |
| New Home Sales | 309,000 | ▼ | 344,000 |
| Housing Starts | 583,000 | ▲ | 477,000 |
| Building Permits | 547,000 | ▲ | 531,000 |
| HMI | 9 | UNCH | 9 |
| Existing Home Prices | $170,300 | ▼ (annually) | $199,800 |
| New Home Prices | $201,100 | ▼ (annually) | $232,400 |
- Treasury On Mortgage Modifications
- Citi Mortgage Reveals What Treasury Won't
- Investors May Skew Housing Reality
- 100% Mortgage Financing From USDA
- Despite Government Aid, Foreclosure Crisis is Not Improving
- Housing Data Delivers Mixed Messages
- Appraisals Now Center Stage in Housing Recovery
- Underwater Mortgages Could Sink Even Deeper
- First Time Buyers Rescue Housing: Realtors
- Housing Recovery 'Still In Uncharted Territory': HUD Secretary
MOST SHARED
- No Thanksgiving Rest for Retailers in Sales Race
- Finding the Holiday's Best Buys
- Banks Play Down Dubai Exposure, Investors Still Wary
- More Asia Executives Resigned to Economy Flights: Survey
- UK's Darling to Downgrade 2009 Growth Forecast
- Attraction of Switzerland to Businesses
- San Miguel Sells $1.36 Billion Stake to Ally
- Farrell: What's Different On This Black Friday
- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Dubai's Debt Woes Signal New Era for Creditors
- US Dollar Rises Against Most Currencies—Except Yen
- Shoppers Hit Black Friday Sales, Budgets Pared
- Fantasy Christmas Gifts 2009
- Car Insurance Scofflaws Raise Health Reform Doubt
- ING Prices Share Issue at Hefty Discount
- Cheap Robotic Hamsters Are Holiday's Unlikely Craze
- EU Names New Leadership Team to Boost Economy
- Tommy Hilfiger's Estate in Conn. Sells for $20 Million
RSS FEED
Realty Check
![]() |
CNBC.com |
It should probably come as no surprise that higher-priced homes are seeing higher cancellation rates, since the jumbo loan market is now far tighter than it has been in a very long time. In some areas, anecdotally, I’ve heard that the jumbo loan market has all but dried up.
I notice even in my area of Chevy Chase, DC and Chevy Chase, MD, which was deemed a “micro-bubble,” immune to the housing downturn, that the higher-priced homes are sitting on the market without a move. The 2-3 million dollar range seems to be having the toughest run.
If you’re interested in your area, I want to alert you to a great new source of info. S&P/Case Shiller just started publishing indices that track low, mid, and high price homes. You can look at the top metro markets and see how prices are faring, depending on what price point interests you. Just what you need heading into a chilly November weekend.
Questions? Comments?










