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Posts Tagged ‘Existing Home Sales’


The Deal on Mortgage Rates This Week – May 21, 2012

Mortgage rates fell to a new all-time low last week. Not everyone can get access, however.

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Pending Home Sales Index Crosses The 100 Barrier

After a series of worse-than-expected data last month, the housing market appears to be back on track.

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Existing Home Sales Slip In March

In March, for the second straight month, home resales slipped nationwide.

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Existing Home Sales Stay Strong; Spring Season Underway

Despite sparse home inventory, the National Association of REALTORS reports that 4.59 million “existing homes” were sold in February on a seasonally-adjusted, annualized basis.

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Pending Home Sales Rise To 22-Month High

The Pending Home Sales Index resumed its climb in January, posting a 2 percent gain over the month prior.

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Existing Home Sales Climb To A 20-Month Record

January’s home resales moved to a 20-month high — additional evidence that the nation’s housing recovery is underway.

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Existing Home Sales Approach Bull Market Territory

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.

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What’s Ahead For Mortgage Rates This Week – January 23, 2012

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.

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Pending Home Sales Index Rises Back Above 100

Low home prices and mortgage rates have combined to push home affordability to record levels nationwide. Home buyers are taking advantage.

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The Deal on Mortgage Rates This Week – December 27, 2011

Mortgage markets worsened last week on renewed optimism from the Eurozone, additional evidence of a U.S. economic recovery, and ongoing strength in housing.

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Home Supplies Fall To 7.0 Months Nationwide; Buyer Demand Strong

Home resales moved to a 10-month high in November, the latest in a series of strong showings from the housing sector.

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More Housing Strength : Pending Home Sales Surged In October

After 3 consecutive months of easing, the Pending Home Sales Index jumped 10 percent in October, lending credence to the belief that housing is in recovery.

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More Sales, Less Inventory : Home Prices Headed Higher?

The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide.

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Pending Home Sales Index Slips For 4th Straight Month

Nationwide, fewer homes are going under contract to sell.

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Despite 18% Contract Failure Rate, Home Resales Stay Strong

According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, September’s Existing Home Sales eased by 150,000 units, falling to 4.91 million units nationwide.

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Existing Home Sales Jump; Home Supplies Falling

According to the National Association of REALTORS®, Existing Home Sales rose 8 percent in August.

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Pending Home Sales Slip In July; Creates Buyer Opportunity

After 3 straight months of gains, the Pending Home Sales Index slipped 1 percent in July.

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Existing Home Sales Slip In July

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.

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Pending Home Sales Rise For 3rd Straight Month

Buyers are writing contracts at a furious pace nationwide. On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month to reach its highest level since March.

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Existing Home Sales Fall To 8-Month Low

Home resales slipped for the 3rd straight month, according to data from the National Association of REALTORS®. Sales volume is at an eight-month low.

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Existing Homes Sales Slip In May

Home resales slipped 4 percent in May, falling below the 5,000,000-unit mark on a seasonally-adjusted, annualized basis for the first time since February.

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“Homes Under Contract” Plunge 12 Percent In April

Hurt by foul weather and a soft market, the Pending Home Sales Index plunged 12 percent in April.

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Distressed Homes Now Selling At A 20 Percent Discount

The housing market recovery stalled last month. At least temporarily.

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Pending Home Sales Point To Seller’s Market This Summer

The National Association of REALTORS® Pending Home Sales Index rose for the third straight month last month.

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Demand Is Rising, Supplies Are Falling : Home Prices Set To Rise?

Home resales rose 4 percent last month, according to the March Existing Home Sales report. A total of 5.1 million homes were sold on an annualized, seasonally-adjusted basis.

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Pending Home Sales Rebound; Suggest Brighter Spring For Housing

February’s Pending Home Sales Index rebound breaks a 2-month losing streak, and reverses recent downward momentum in housing.

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Existing Home Sales Unexpectedly Drop In February

Existing Home Sales fell 10 percent last month, according to a report from the National Association of REALTORS®.

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Foreclosure Activity Drops Throughout The Most Foreclosure-Heavy States

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.

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Pending Home Sales At The Highest Levels Since April 2010

Another day, another strong report for housing. The Pending Home Sales Index climbed 2 percent in December, according to the National Association of REALTORS®

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New Home Sales Reach 8-Month High

The 2010 housing market finished on a tear, and that momentum is carrying forward into 2011. Expect the spring season to show strongly, and for home prices to be on the rise.

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Pending Home Sales Rises To 6-Month High

The housing market continues to expand, and surprise.

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New Home Sales Rise In November; Hint At Strong Winter 2011

Like most housing data from November, the most recent New Home Sales report showed sales volume increasing last month, and home supplies falling.

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Home Inventory Dwindles Into The New Year

Existing Home Sales jumped another 6 percent in November, the report’s third month of improvement since bottoming in July.

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October Existing Home Sales : Buyers And Sellers In Balance

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.

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Pending Home Sales Slip In September, Suggesting A Buyer’s Market Until January

So long as mortgage rates remain rock bottom, the autumn season is looking like a terrific time to buy.

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Existing Home Sales Jump; Housing Market Shows Spark

“Deals” were in ample supply this summer and eager home buyers snatched them up.

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Existing Home Sales Rebound In August, Give Hope For Autumn

Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.

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Home Sales Are Back On The Rise After A 2-Month Pullback

Just one week after reports of Existing Home Sales and New Home Sales plunging, the housing market signaled that the next few months may fare better than did May and June.

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The Deal On Mortgage Rates This Week – August 30, 2010

When Chairman Bernanke talks, markets listen. His comments about the U.S. economy helped fuel a late-Friday surge in mortgage rates last week.

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New Home Sales Drop In July — Just Like Existing Home Sales

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.

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Existing Home Sales Plummet In July; Home Buyers Gain Leverage

The number of home resales plunged by 1.4 million units in July. Home buyers may uncover opportunities for a deal.

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The Deal on Mortgage Rates This Week – July 26, 2010

Mortgage rates rose last week, but only slightly. Rate are still hovering near their lowest levels of all-time.

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Existing Home Sales Drop In June But Hint At Higher Price Tier Support

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.

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Buyers Take The May 2010 New Home Sales Data All The Way To The Bank

The press is referring to the May New Home Sales report as “poor”. A closer look, however, shows that may not be the case.

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May 2010 Existing Home Sales Is Better Than The Headline Data Suggests

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.

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Pending Home Sales Data Shows Great Deals On Homes Are Getting Harder To Find

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.

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The Supply Of New Homes For Sale Just Dropped Off A Cliff

At the current sales pace, the nation’s complete supply of new homes would be sold in just 5 month’s time. That’s more than double the pace of a year ago.

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Home Supplies Tick Higher, Creating Opportunity For Today’s Home Buyers

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.

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Home Resales Boom Into The End Of The Tax Credit; Home Values Seen Rising

Existing Home Sales rose in March, as expected. U.S. homebuyers closed on 7 percent more homes as compared to February.

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Existing Home Sales Flatten And Point To A Much Better Spring

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

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