Tag: Housing

Posted on 03/25/2022
Real Estate Update
In a grim sign for the housing market’s busiest season, pending home sales, which measure signed contracts on existing homes, fell 4.1% in February compared with January, according to the National Association of Realtors. Sales were down 5.4% compared with February 2021. Analysts were expecting a slight gain. This is the fourth straight month of declines in pending...
Real Estate
Housing
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Posted on 10/26/2020
Housing Market Update
The National Association of Home Builders Housing Market Index was reported for October and set another record high. Builders are feeling good but do feel constrained on expanding due to lack of land, labor, and spike in material costs. Housing Starts were up 2% but were below expectations of 5% gain. Year-over-year, Housing Starts are up 11% and Single-family...
Housing
Buynow
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Posted on 07/28/2020
Mortgage Minute
From HousingWire.com:U.S. existing-home sales rose 21 percent in June, the biggest monthly gain on record, according to the National Association of Realtors.Sales of single-family homes, townhomes, condominiums, and co-ops rose to a seasonally adjusted 4.72 million at an annual pace after three consecutive months of declines, NAR said in a Wednesday report. The median price rose 3.5 percent...
Loan
Refinance
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Posted on 06/15/2020
Mortgage Minute
From HousingWire.com: Applications for purchase mortgages gained for the eighth consecutive week to a level that was 13% higher than a year ago as states continue to reopen across the country according to a report by the Mortgage Bankers Association.A seasonally adjusted index measuring purchase applications jumped 5% last week. For the first time in two months refinancings gained...
Housing
Refinance
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