· US existing home sales increase more than expected. September’s sales pace was revised down to 5.37 million units from the previously reported 5.39 million units. Economists polled by Reuters had forecast home sales rising 0.7 percent to a 5.42 million-unit rate in October. The NAR said sales in Houston and Jacksonville,
Pending home sales fell on an annual basis for the 10th consecutive month in October, according to the latest report from the National Association of Realtors. they are probably going to increase.
NAR releases statistics on metropolitan area housing affordability and metropolitan area median home prices each quarter. Two separate price reports reflect sales prices of (1) existing single-family homes and (2) condominium and cooperative homes by metropolitan statistical area (MSA).
Existing-home sales. deals, the National Association of Realtors said. “Closings may be delayed, and a lot occur at the end of the month,” Walter Molony, a spokesman for the group, which is.
CFPB files suit against Morgan Drexen over debt-relief services Chase offers no doc refis, principal reduction Homeowners stuck with bad mortgage and have lost equity may be good candidates for a Chase loan modification featuring principal reduction. borrowers who owe more than their home is currently worth may qualify for a reduction in the amount they owe the bank, as well as a lower interest rate to arrive a new affordable mortgage payment.Yesterday, the Consumer Financial Protection Bureau (CFPB) filed suit against a California-based debt relief company that allegedly charged clients millions of dollars in up-front fees since October 2010. What’s wrong with a debt relief company charging for its services?
(LOS ANGELES, CA) — Home sales increased 2.1 percent in September in California compared with the same period a year ago, while the median price of an existing home declined 7.3 percent, the California Association of Realtors (C.A.R.) reports this week.
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Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.4 percent from September to a seasonally adjusted rate of 5.22 million in October. Sales are now down 5.1 percent from a year ago (5.5 million in October 2017).
· Existing-Home Sales Drop 6.1% In November As Winter Housing Season Begins. Sales of existing-homes dropped to an annual, seasonally adjusted rate of 4.93 million in November, the National Association of Realtors said Monday, and October’s numbers were downwardly revised to an annual pace of 5.25 million.
October existing-home sales rose 2.1% to a seasonally adjusted annual rate of 4.79 million, compared to 4.69 million in September.Also, existing-home sales are 10.9% above the 4.32 million-units.
Existing-home sales were 5.22 million at a seasonally adjusted annual rate in October, the National Association of Realtors (NAR) said on Wednesday. This was up 1.4% from the September mark.
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NEW YORK (CNNMoney.com) — Existing home sales surged in October to the highest level in more than 2-1/2 years, according to a real estate industry report issued Monday. The National Association.