· The median list price of $250,000 is the same as last month, at a time of year when sale prices typically fall. Compared with October 2015, it’s 8% higher, and a new record for October.
More than 28% of US homeowners underwater on their mortgage Zillow: Home price depreciation to worsen market into 2011 Nationally, CoreLogic’s march home price index report shows prices fell 33.7 percent in March 2012, from their peak in April 2006. Home prices, including distressed sales, edged downward.
· Housing Sales slumped 8.5% from one year ago, the lowest sales since 2015. Prices still rose another 2.8% to a median of $247,500 nationwide. The real story was the drop in lower priced homes as depicted in this graphic from NAR. With low mortgage rates, it’s believed sales will once again grow. 60,000 more homes were on the market.
Sales of newly built homes fell 11.5% in September, suggesting a highly volatile segment of the housing market could be cooling. Sales of newly built homes fell 11.5% in September, suggesting a.
The stock of new houses for sale went up 0.3 percent to 333 thousand. At May’s sales pace it would take 6.4 months to clear the supply of houses on the market, up from 5.9 months in April. Year-on-year, new home sales fell 3.7 percent.
Building permits in the United States rose 0.3 percent from a month earlier to a seasonally adjusted annual rate of 1,269 thousand in May 2019, while markets were expecting a flat reading. It was the second consecutive monthly increase in permits, asto 815 thousand.
New-home sales fell in November, a sign of unsteadiness in the housing market despite ultra-low interest rates and sturdy economic growth. New-home sales fell in November, a sign of unsteadiness.
Allen J. Schaben/Los Angeles Times. WASHINGTON-Sales of new homes in the U.S. fell in October. Purchases of newly built single-family homes-a relatively narrow slice of all U.S. home sales-fell 8.9% to a seasonally adjusted annual rate of 544,000 in October, the.
Sales of new single-family homes in the U.S. dropped 0.3% to 368,000 in October according to the estimates released jointly by the U.S. Consensus Bureau and the Department of Housing and Urban.
New Home Sales Fall 3.4 Percent in August September 26, 2017 Sales of newly built, single-family homes in August fell 3.4 percent to a seasonally adjusted annual rate of 560,000 units from an upwardly revised July reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
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May’s decline was the biggest since October 2017, when sales fell 6 percent, according to Reuters calculations. For the first five months, sales fell 1.6% following a 0.3% decline in January-April..
Flagstar mortgage servicing settlement with CFPB imminent Fannie Mae: Millennials finally starting to buy homes millennials finally flee parents' homes | Realtor Magazine – Millennials Finally Flee Parents’ Homes. Further, their incomes are at least 81 percent greater than between 2008 and 2010. Also, millennials in their late 20s and early 30s between 2013 and 2015 were getting married at a markedly faster rate than their predecessors did in that same age range during the recession and the recovery thereafter, Fannie Mae’s report notes.More on the CFPB’s new rules, including the new mortgage servicing rules, the Flagstar case, and related cases in upcoming entries. For now, know that the CFPB’s new mortgage servicing rules are in effect and being enforced-and in the case of Flagstar–at a steep cost for violations.Company Spotlight: Superior Home Services Delivering the products and services you need. Superior Energy Services serves the drilling, completion and production-related needs of oil and gas companies worldwide through a diversified portfolio of specialized oilfield services and equipment that are used throughout the economic life cycle of oil and gas wells.