· A month in review: The May housing market.. Here’s a recap of pending home sales, existing home sales, price indices and studies from NAR, S&P Dow Jones, Zillow and Trulia.. May’s pending.
(Bloomberg) — Sales of previously owned U.S. homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available properties. Contract closings fell 0.4% from the prior month to a 5.
· At April’s sales pace, it would take 4.2 months to exhaust the current inventory, up from 3.8 months in March. A six-to-seven-month supply is viewed as a healthy balance between supply and demand.
Application volume rises even with little movement in rates The average contract interest rate for jumbo 30-year FRM, loans with balances greater than the performing rate, was 4.25 percent, also the highest since March, rising from 4.16 percent. Points.
By Reade Pickert May 21, 2019 (Bloomberg) — Sales of previously owned U.S. homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available properties.
On a year-over-year measurement, sales were up 0.6 percent. First-time. month that inventory fell year-over-year for 16 straight months. “Inventory has been extremely tight all year and is unlikely.
United states existing home sales 1968-2018 | Data | Chart | Calendar. It compares with market expectations of a 0.6 percent rise to 5.4 million. It is the fourth straight fall and the lowest rate since February of 2016. The median house price fell to $269,600 from $273,800 in June and the months’ worth of supply was flat at 4.3.
· Existing home sales fell across all four regions in December. The Northeast saw a 6.8 percent drop. The Midwest was down 11.2 percent. The South dripped by 5.4 percent and existing home sales in the West dipped by 1.9 percent. The months’ supply of existing homes on the market fell to a tight 3.7 months’ worth in December.
WASHINGTON, Nov. 21, 2018 /PRNewswire/ — existing-home sales increased in October after six straight months of decreases, according to the National. Existing-Home Sales Increase for the First.
Mortgage, real estate industries get creative to aid clients Why you should consider commercial real estate investing – This is also true for commercial real estate. People are always going to need space for their offices, gas stations, service industries, or warehouse space. you would not have any way to cover that.
Existing-home sales declined slightly. tax credit there is literally no time to waste,” she said. “Most buyers spend several months looking at a dozen homes before they make a contract offer, but.
People on the move: Dec. 15 People on the move 12.7.15 management & Operations. Posted on: December 07, 2015. AFFORDABLE HOUSING FINANCE People on the Move 12.7.15. By Donna kimura. metcalf selected to Lead California’s HCD. Ben Metcalf, deputy assistant.
October existing-home sales increased last month, after six straight months of decreases, the National Association of REALTORS reported Wednesday. Three of four major regions saw gains in sales.
Realogy acquires title agency in push for more CRE business It will be interesting to see how this acquisition affects the other major brands underneath the Realogy umbrella, as they integrate the ZipRealty technology. Read more about the transaction, and its potential implications, at RISMedia. The post ZipRealty Purchased for $166 Million appeared first on WFG National Title Insurance Company.Lima One bulks up in single-family financing with RealtyShares deal California fines United Shore $1.4M for interest overcharges Home prices in 20 U.S. cities cool with smallest gain since 2012 New Residential closes purchase of PHH’s Fannie MSRs I. Settlements on Approximately $8 Billion UPB of Fannie Mae & Freddie Mac Mortgage Servicing Rights (‘MSRs’) – As part of the acquisition, New Residential will first settle on approximately . tom Akin, Frank Filipps and myself complete the new Board. to purchase.A (Bloomberg) — Home prices in 20 U.S. cities rose in December at the slowest pace in four years, continuing to decelerate as buyers balked at purchases amid still-elevated housing costs and a.People on the move: Feb. 9 People on a move: May 3. May 03, 2019 RSS FEED No comments. California. Covina. LERETA LLC, a provider of genuine estate taxation and inundate services for debt servicers nationwide, has comparison Jory Beech as comparison taxation operations manager.Pusey says preparation should include preparing a disaster plan, safe-proofing a home or business, maintaining an up-to-date inventory of possessions. and I ran to computers because it was the one.MERS owner to acquire Simplifile as mortgage eNote usage grows Nonbank mortgage employment gets a surprise bump Demand for mortgage purchases rose for a fourth straight week. Still, the refinance share of total mortgage activity was unchanged at 81% of applications per the MBA. There is certainly news on the.MERS owner to acquire Simplifile as mortgage eNote usage grows Looser ARM standards led to more credit being available in August That’s why I have to hold it. The monitor also has a way to make the tilt tighter/more loose- so that works as intended.