Jay Papasan

This Month in Real Estate April 2012

April 4th, 2012

This Month in Real Estate April 2012 has been released. Home sales activity remained at the pace of 4.6 million to be sold this year. The median home sale price rose $1,000 to $156,000 last month. The big change is that the average interest rate for home loans jumped from 3.87% in February to an [...]

This Month in Real Estate March 2012

March 6th, 2012

This Month in Real Estate March 2012 has been released! Home sales activity remained steady at a pace of 4.6 million to be sold by the end of the year. The median home price dropped $10,000 from last month to $155,000. The average interest rate dropped slightly to 3.87% down from 3.88% as per This [...]

This Month in Real Estate February 2012

February 6th, 2012

This Month in Real Estate for February 2012 has been released! Home sales in January were on pace to have 4.6 million homes sell in 2012, up from the pace of 4.4 million in December. The median home sale price was at $165,000, up $1,000 over January 2012 This Month in Real Estate. The average [...]

This Month in Real Estate January 2012

January 4th, 2012

This Month in Real Estate January 2012 has been released! Home sales activity was down to 4.4 million homes last month, a drop from the pace set from December 2011 This Month in Real Estate of 4.97 million. It makes me wonder about the number of sales that may have been canceled last month. It [...]

This Month in Real Estate December 2011

December 5th, 2011

This Month in Real Estate December 2011 has been released! Home sales activity was at a pace of 4.97 million for the year, which is up slightly from last month. The median home sale price was $163,000, down from $165,000 for This Month in Real Estate November 2011. Average interest rate was 4%, down slightly [...]

This Month in Real Estate November 2011

November 10th, 2011

This Month in Real Estate for November 2011 has been released! The numbers from October, presented by Jay Papasan, showed the home sales at an annual pace of 4.9 million, down slightly from last month, but much better than September's numbers. Median home price was $165,000, which is another drop from This Month in Real [...]

This Month in Real Estate October 2011

October 10th, 2011

This Month in Real Estate October 2011 is out! The main story is about the top things buyers are looking for in their home. First, Jay Papasan goes over the numbers. The home sale pace rose to 5 million, up from the pace of 4.7 from This Month in Real Estate September 2011. The median [...]

This Month in Real Estate September 2011

September 7th, 2011

This Month in Real Estate September 2011 has been released. Jay Papasan goes over the numbers first. The home sales pace rate dropped to 4.7 million, dropping from a high last month of 5.1 million per August 2011 This Month in Real Estate. The pace dropped tremendously! 30 Year Fixed Rate Mortgages, according to Freddie [...]

This Month in Real Estate August 2011

August 8th, 2011

This Month in Real Estate August 2011 Edition has been released! First, Jay Papasan goes over the numbers. Home sale activity rose back up to an annual pace of 5.1 million during the month of July, after dropping to 4.8 million in June, per July 2011's This Month in Real Estate . The median price [...]

This Month in Real Estate July 2011

July 11th, 2011

This Month in Real Estate for July 2011 has been released! First, as always, Jay Papasan discusses the numbers: Home sales dropped a little to a pace of 4.8 million home sales for the year, versus the 5.1 million they were averaging per June 2011's This Month in Real Estate. The median home sales price [...]

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