Case Shiller Home Price Index Big Drop
The Case Shiller Home Price Index MoM just had its biggest drop since 2012. Hopefully, it won’t drop like it did in 2008.
September 2022
Statistics Provided to Hawaii News Now
Hawaii News Now asked me to get some custom statistics for their 10 pm top story about the latest Fed rate hike. I was able to pull together some interesting stats that show a huge drop in the sold over asking by month and a huge increase by month in sellers dropping their price. I …
Mortgage Rates Hit 6% For the First Time Since 2008. Double What It Was a Year Ago.
“The 30-year fixed mortgage rate hit the six percent mark for the first time since 2008 – rising to 6.01 percent – which is essentially double what it was a year ago,” MBA Associate Vice President of Economic and Industry Forecasting Joel Kan said in a news release.
$30 Million in Real Estate Taxes Paid When They Should Not Have Been
Wow, $30 million that did not have to be paid in Real Estate taxes. If you don’t have the home exemption, file it before 9/30.
August Housing Stats
More than 300 single-family homes and more than 500 condos sold in August, which is near pre-pandemic annual average closed sales per month for single-family homes and above average for condos. Median sales prices remained on pace with recent months, with August’s single-family home median sales price rising 7.2% year-over-year to $1,125,500 and the condo …