October home sales were up by 2.5 percent on a year-over-year basis but were down 3.4 percent from September, according to the latest RE/MAX National Housing Report.Thirty-seven of the 53 metro areas tracked by RE/MAX saw year-over-year home sale increases, most notably Albuquerque, N.M., with a 19.8 percent increase and Augusta, Maine, with a 14.1 percent spike.
February home sales dropped 3% from one year ago, but increased from January, according to the RE/MAX national housing report. It’s the first time in four months that the yearly difference did not.
But things are looking up. According to the RE/MAX report, the median sales price for the Detroit real estate market has risen 44% over the last year or so – the biggest gain of any city in their report. The Case-Shiller Home Price Index is also showing positive, but more moderate, pricing trends for this metro area.
DENVER – Riding two trends-declining sales and growing inventory- the U.S. housing market continued to transition from a seller’s market to a buyer’s market in February, according to the RE/MAX National Housing Report. Home sales in the 54-market report have declined year-over-year for seven consecutive months, though February’s downturn of 4.2% was the smallest since the 1.1% drop.
Meanwhile, the median price of local condos and town homes sold in June was $177,900. That was up 6.5 percent from June 2018..
The U.S. housing market keeps slowing down, with January having marked. Miami led the way with a nine-month supply. That was up from 7.5 months in Re/Max’s October report. The modest home sales.
Radian: New mortgage insurance written jumps 25% in first quarter mortgage rates resumed their recent trend higher today. yesterday had been the first day since June 27th without noticeable weakness–raising some hope that the negative trend might be running out of.Are servicers finally off the CFPB’s hit list? Recovery questioned as jobless claims jump A Tale of Two Loan Modifications, As Investors Sue Countrywide · components include loan modifications, such as reductions in principal, and short sales, in which borrowers are freed from mortgage debt by selling their homes for less than what they owe.March home sales increase in almost all metros: RE/MAX "Home prices are up and mortgage rates are up," said Frank Nothaft, chief economist with CoreLogic. Nationwide home prices are almost. shoppers in March started their search in 2017 or earlier,".The latest jobs report shows the unemployment rate was down to 3.9 percent in April, the lowest level since December 2000. But wages are only up 2.6 percent from a year ago. I joined the CBS Evening News to explain what that means for workers. Have a money question? Email me here.Kontor Records, Grupa BB Media Music, SME, [Merlin] Armada Music, [Merlin] Absolute Label Services, The Orchard Music, Believe Music (on behalf of Armada Music); CMRRA, Downtown Music Publishing.Fannie Mae: Home construction jobs still years from recovery KBRA: High compliance costs will drive commercial lenders from mortgage space mortgage lending and make credit more expensive to the consumer. The cost to consumers for QM and non-QM products will rise and the choice of mortgage products will be limited. Costs for prime borrowers in qualifying products may increase modestly due to increased costs of origination compliance and potentially increasing capital requirements.Bank REO down 18% from one year ago Wondering what is happening in the Phoenix area real estate market?. Many locations have seen higher rates than a year ago (including queen creek, April 18 – The regular weekly table of cromford market index.. New home sales were down 15% year over year while re-sales were down 12%.San Diego Source > Construction > Fannie Mae economist. – The nation’s economy is five years into a 10-year recovery cycle, according to Douglas Duncan, fannie mae chief economist and vice president. National housing prices have another 3 percent left to fall, excluding distressed sales, and could fall another 7 percent altogether, he said, speaking at the annual real estate conference held by the University of San Diego’s Burnham-Moores Center for.
The Existing-Home Sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country. These figures include condos and co-ops, in addition to single-family homes.
According to the March RE/MAX National Housing Report, home sales dropped 0.2% from February 2017, while the Days on Market average of 62 days was the lowest of any February in the report’s.
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After unexpectedly declining in February. quarter, down from a healthy 2.5% clip in the fourth quarter. Nevertheless, many analysts are expecting April’s data to add to gains seen in March. “We.
Next week’s Q2 GDP report. in prices. So now let’s zoom in on the past 24 months of the best of these metrics. As shown in.