NAR projects only about 1% increase in existing home sales this year to 5.4 million units. In addition, the national median existing-home price is forecast to rise by a modest 3.1% to around US$266,800. “The forecast for home sales will be very boring – meaning stable,” said NAR.
Sales of Previously Owned Homes Rose in October; Supply of Properties Shrinks. Existing homes sold at a seasonally adjusted annual rate of 4.79 million units in October, the second-highest level of the year and up 2.1% from September, the National Association of Realtors said Monday..
This page provides national and regional data on the number of new single-family houses sold and for sale. It also provides national data on median and average prices, the number of houses sold and for sale by stage of construction, and other statistics. The data are from the Survey of Construction.
The National Association of REALTORS is America’s largest trade association, representing 1.2 million members, including NAR’s institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
Fed needs to go back to the drawing board This is why Trump’s election is causing the recent uptick in interest rates Amendment to Eliminate HVCC Still Alive in Financial Reform Bill Review finds FHA mortgage insurance fund short $13.5 billion From mortgages to marijuana: This company’s officially gone to pot Today, more than 40 countries worldwide have given medical marijuana a green light, in some capacity, with Canada and Uruguay the only countries that allow adults to use pot for recreational purposes.Fannie Mae Cracks Down on Strategic Defaulters Ellie mae acquires mortgageceo bofa completes more short sales than REO for last 18 months Bank of America to Discuss the State of Short. | CDPE Blog – Bank of America to Discuss the State of Short Sales in 2013 january 14th, 2013 in Alex Charfen by cdpe L ast month, more than 13,000 agents registered for our industry web broadcast with the U.S. Treasury to make sure they were completely in step with the new HAFA rules.Private equity investment firm thoma bravo has completed its acquisition of mortgage origination software firm ellie mae for approximately $3.7 billion. Under the terms of the agreement, which is.pdf deficiency collections overview – Fannie Mae – The borrower works with Fannie Mae to resolve his or her payment delinquency by completing a modification, short sale or Mortgage Release-even if the borrower is a strategic defaulter The borrower is 100% disabled and on fixed income The borrower is on active duty in the United States military The borrower is age 65 or older · Click to See the Latest Mortgage Rates» Home Equity Loan vs HELOC Payments. When you compare the home equity loan vs the HELOC, the largest difference is how the payments work. The home equity loan offers two options: a fixed or adjustable rate loan. You make full payments on the entire loan amount for a fixed number of years up to 30 years.He also authored an amendment to eliminate the ban on allowing gay couples to adopt children and has made prison reform a priority. In addition, he was a member of the Financial Recovery Board that.Noam Chomsky: Trump’s "Economic Boom" Is a Sham – · Donald Trump ran a campaign – and won the 2016 presidential election – based on unorthodox tactics, whereby he used irrational provocation to defy traditional political norms and make a mockery of established beliefs on both domestic and.Florida AG targets companies for preying on homeowners The Maryland Commissioner of Financial Regulation Joins CFPB. – The Maryland Commissioner of Financial Regulation Joins CFPB, FTC & States in sweep targeting mortgage rescue Schemes. BALTIMORE, MD (July 23, 2014) – The Office of the Commissioner of Financial Regulation issued two cease and desist orders against companies and individuals for operating illegal loan modification schemes that scammed consumers into paying large upfront fees but did nothing.Multifamily development picks up despite falling demand Investors still see relative value in subprime mortgage bonds Experts Back Strategic Bond Funds – Analyst opinion is still split. rated legg mason western assets macro opportunities Bond fund, led from the US by seasoned investor Ken Leech. Prior explains that the fund looks for “relative value.The London Report 2018 – content.knightfrank.com – is counter-cyclical; as demand picks up, supply begins to fall, and developers commence schemes to fill the potential supply-demand gap due to their increased confidence. Levels of supply of new and refurbished space began to fall rapidly in 2014, which prompted a reaction from developers. However, it was also the release of second-hand space.
· Fort Myers, FL had the highest increase in the number of homes for sale, up 32.4% year over year, followed by Knoxville, TN (22.3%) and Austin, TX (10.3%). Below are market-by-market breakdowns for prices, inventory, new listings and sales for markets with populations of.
· Total existing-home sales include single-family homes, townhomes, condominiums and co-ops. Meanwhile, the first-time buyer share slightly rose to 33% from 31% last month and 29% a year ago. The November inventory decreased to 1.74 million units from 1.85 million units in October, but was up from 1.67 million units compared to a year ago.
The numbers: Existing-home sales ran at a seasonally adjusted annual rate of 5.22 million in October, the National Association of Realtors said Wednesday. That was up 1.4% for the month, marking the.
Government watchdog: Ben Carson’s office dcor spending spree violated law Housing Recovery is Spelled R-E-O | Homeloanspflugervilletx – Government watchdog: Ben Carson’s office dcor spending spree violated law. Jobless rates stay level or improve in 32 states .
Nationally, U.S. existing-home sales jumped 2.1% in October from a month earlier to a seasonally adjusted rate of 4.79 million home sales annually, according to the National Association of Realtors..
· Economists polled by Reuters had forecast home sales rising 0.9 percent to a 5.52 million-unit rate in November from a previously reported.