Posts Tagged ‘Existing Home Sales’
According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December’s Existing Home Sales climbed by 120,00 units overall from the month prior on its way to an 11-month high.
Tags: Existing Home Sales, Existing Home Supply, NAR
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The outlook for the U.S. economy improved last week, taking the mortgage bond market with it. For the first time this year, conforming mortgage rates rose from one week to the next.
Tags: Eurozone, Existing Home Sales, FOMC
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Existing Home Sales nationwide fell to 4.67 million units on a seasonally-adjusted annualized basis last month. It’s the fourth straight month below the 5 million mark, and the report’s lowest reading since November 2010.
Tags: Existing Home Sales, Home Supplies, NAR
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Foreclosure activity is slowing. According to foreclosure-tracker RealtyTrac, the number of foreclosure filings dropped 17 percent on an annual basis last month. Monthly filings ticked higher 1 percent after a combined 23 percent decrease through November and December 2010.
Tags: Distressed Property, Existing Home Sales, RealtyTrac
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It’s encouraging that first-time and investment property buyers were both outnumbered by “move-up” buyers in October; buyers that have sold their respective homes in favor of larger ones.
Tags: Existing Home Sales, Home Supply, NAR
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Although new home inventory actually dropped 2,000 units in July, the slowing sales pace still managed to push the national supply higher by 1.1 months. At July’s rate of sales, the nation’s new home inventory would be exhausted in just about 9 months.
Tags: Building Permits, Existing Home Sales, New Home Sales
Posted in New Home Sales | Comments Off
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Consistent with most post-home buyer tax credit housing news, Existing Home Sales eased lower last month. The 5 percent drop in sales was expected, but a closer look at the month’s data reveals some interesting trends.
Tags: Existing Home Sales, Home Supply
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The press is calling the May 2010 drop in Existing Home Sales “unexpected” and disappointing, but a deeper look at the data shows the news isn’t as bad as it first appears.
Tags: Existing Home Sales, Home Supply
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April marks the third straight month that pending home sales are up and today’s buyers should take note. This is because, according to the National Association of Realtors®, 80% of homes under contract close within 60 days.
Tags: Existing Home Sales, Pending Home Sales
Posted in Pending Home Sales | Comments Off
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According to the National Association of Realtors®, although the number of homes sold ticked higher in April, so did the supply of existing homes for sale, too. Sellers are now listing homes faster than buyers can buy them.
Tags: Existing Home Sales, Home Supply, NAR
Posted in Existing Home Sales | Comments Off
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As expected, Existing Home Sales fell in February, slipping 30,000 units versus January’s numbers. It’s the 4th straight month in which Existing Home Sales were lower, month-over-month. In case you didn’t know, an “existing” home is one that is previously owned and lived-in (i.e. not new construction). In November 2009, Existing Home Sales peaked just…Read the Rest of Article
Tags: Existing Home Sales, tax credit
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