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Brent Rasmussen
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Office: 800-519-1870
Cell: 402-578-0008
brent@mtg-specialists.com

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The Real Estate Factor

 

Pending Home Sales Rise to Near Two-Year High:

March 5th, 2012

Signed contracts for U.S. home resales rose to a nearly two-year high in January, further evidence of a budding recovery in the housing market. The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in January, increased 2 percent to 97.0 — the highest reading since April 2010. Contracts signed were up 8.0 percent in the 12 months to January.

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Posted in Home Sales, Market Update | No Comments »

Consumer Sentiment Continues Climb

February 27th, 2012

The willingness to “pull the trigger” on a home purchase has more to do with how a home buyer feels about their own financial stability and their view of the economy than any other factor. So, it is good news for the housing industry to see the Thomson Reuters/University of Michigan’s Consumer Sentiment Index continuing to climb upward from our lows of last summer.

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Tags: Consumer, NE, Omaha
Posted in Consumer Sentiment | No Comments »

Consumer Sentiment Moves off of Highs

February 13th, 2012

Americans turned less optimistic about the economy in early February on worries about falling income even as their outlook on the jobs market rose to a record high, a survey released on Friday showed.

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Housing Market Picture Brightens with Job Gains

February 6th, 2012

The pace of job creation surged in January, with the US economy generating 243,000 new positions while the unemployment rate dropped to 8.3 percent, according to government data released Friday.

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Consumer Sentiment Rises in January for Fifth Monthly Gain

January 30th, 2012

A measure of consumer sentiment rose in January for the fifth straight monthly gain, according to data released Friday, as job gains helped put worries about U.S. government finances in the background.

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Existing Home Sales Rose 5% in December

January 23rd, 2012

Home sales rose in December to the highest pace in nearly a year. The gain coincides with other signs that show the troubled housing market improved at the end of last year. The National Association of Realtors said Friday that sales increased 5 percent last month to a seasonally adjusted annual rate of 4.61 million, the best level since January 2011 and the third straight monthly increase.

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Tags: Home Sales, NAR, NE
Posted in Home Sales | No Comments »

Foreclosure Filings Hit 4 Year Low

January 17th, 2012

The number of U.S. homes that received a foreclosure filing fell to a four-year low in 2011 as a slowdown in processing hit the market, RealtyTrac said in a report on Thursday.

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Tags: foreclosure, NE, Omaha
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Jobs Data Points the way to Stronger Housing

January 9th, 2012

Real Estate used to be about location, location, location. Now it is most certainly about jobs, jobs, jobs.

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Tags: Homes, Jobs, Mortgage, Omaha
Posted in Home Sales, Jobs | No Comments »

Pending Home Sales Hit 19 Month High

January 3rd, 2012

The number of Americans who signed contracts to buy homes in November rose to the highest level in a year and a half. The best reading on pending homes sales since a federal home-buying tax credit expired appeared to encourage traders on Wall Street. The Realtors group said Thursday that its index of sales agreements jumped 7.3 percent last month to a reading of 100.1. A reading of 100 is considered healthy. The last time the index was that high was in April 2010, one month before the tax credit expired.

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Tags: Homes, Mortgage, Omaha, Wall Street
Posted in Home Sales | No Comments »

New Home Sales Continue To Rise

December 28th, 2011

Investors cheered yet another U.S. report showing signs of improvement in the housing market. The Commerce Department report showed US new home sales rose for the third straight month in row, increased by 1.6% to a seasonally adjusted annual rate of 315,000 from October..

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Tags: Housing Market, Nebraska, New Homes, Omaha
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