John Pusa's Blog

On February 5, 2024, Jillian Pretzel published a very good helpful report on Realtor.com about list of reasons makes sense to sell a home right now.1. Mortgage rates are falling,2. Housing inventory is still low,3. More buyers may soon enter the market,4. Home sellers won’t have to work as hard,5...

On January 18, 2024, Lisa Marie Conklin published a very good helpful report on Realtor.com about list of outdated habits to avoid when selling a home this year.Outdated habit No. 1: Trying to sell your house on your own,Outdated habit No. 2: Considering only the highest offer,Outdated habit No. ...

On January 15, 2024, Lisa Marie Conklin published a very good helpful report on Realtor.com about list of bad habit to avoid on how a dry January mindset can get you closer buying a home.Bad habit No. 1: Shopping for a home above your price range,Bad habit No. 2: Taking on new debt while house hu...

On February 1, 2024, Realtor.com reported the fallowing nationwide median weekly housing trends for the week ending January 27, 2024.Total available listings gained 10.1% for the week ending January 27, 2024, from the same period of time in January of 2023.Time on the market lower 3 days for the ...

On February 1, 2024, Realtor.com reported that detailed nationwide median list price of a home was $409,500 in January of 2024, higher 1.4% from median list price of a home in January of 2023.There were 665,569 listed inventory of homes in January of 2024, increased 7.9% or 39,700 more homes list...

On February 1, 2023, the U.S. Census Bureau reported nationwide construction spending grew 0.9% to $2,096.0 billion in December of 2023 from $2,078.3 billion November of 2023, and rose 13.9% from $1,840.9 billion in December of 2022.Nationwide private construction up 0.7% to $1,619.7 billion in D...

 Each year on 2nd of February, and today on Friday February 02, 2024, we celebrate Groundhog Day.Hopeful Punxsutawney Phil will communicate in "Groundhogese" that he didn’t see his shadow, meaning we'll see at least a month and a half warm weather.Hopefully, next year we will have better predicti...

On January 17, 2024, National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for newly built single family homes gained seven points to 44 points in January of 2024 from 31 points in December of 2023.The HMI component charting present sales conditions rose seven points at 48 ...

On January 18, 2024, The National Association of Home Builders (NAHB) Remodeling Market Index (RMI) gained 2 points to 67 points in the 4th quarter of 2023 from 65 points in the 3rd quarter of 2023.The current market conditions index increased 2 points to 74 points in the 4th quarter of 2023 from...

On January 30, 2024, The Federal Housing Finance Agency (FHFA) announced that the U.S. house price higher 0.3% in November of 2023 from October of 2023, and up 6.6% from November of 2022 based on home sales values obtained from mortgages sold to or guaranteed by FNMA and Freddie Mac.Nationwide, a...