Lenders brace for QM More Than Half of 2006 Vintage Now Underwater, Zillow Says Santa Clara county home prices rose in August Lenders brace for QM Housing market starts 2015 on several weak notes "The most important positive inflection in 2015.". Flickr The US housing market has been one of the brightest spots of the.
Sales of newly constructed homes, accounting of roughly 10% of all U.S. home sales, fell 7.8% in January from the prior month and 1% from the year-ago period to a seasonally adjusted annual rate.
October 2016 RE/MAX National Housing Report The September Median Sales Price of $219,780 was 5.1% over a year ago. As well as in an uncommon occurrence, not a single metro posted a year-over-year price drop.
largest drop in sales from last year. February home sales slowed in February, while prices increased by double digits over last year. The RE/MAX National Housing Report, a survey of MLS data in 52 metropolitan areas, found the February results to be nearly identical to January. Just like January, the median home price rose 11.6%
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But things are looking up. According to the RE/MAX report, the median sales price for the detroit real estate market has risen 44% over the last year or so – the biggest gain of any city in their report. The Case-Shiller Home Price Index is also showing positive, but more moderate, pricing trends for this metro area.
By comparison, Orange County house prices were up 6.9 percent in the year ending in November, according to CAR. Los Angeles County home prices will rise 3.1 percent, according to Metrostudy.
RE/MAX: Home Sales Down, But Price on the Rise. The average number of days on the market for homes sold in September was 49, up two days from the average in August but down seven days from the September 2016 average. The number of homes for sale in September was down 3.6 percent from August and down 14.1 percent from one year earlier.
Average days on market (DOM) in February was 65, which is an increase from 57 days in February 2016 and a decrease compared to 72 days in january. single family home average DOM was 59 days, down 3 days year to date (YTD) and condominium average DOM was 73, down 5 days ytd. Duplex and rowhouse average DOM increased to 80 from 76 YTD.
RE/MAX January 2018 National housing report: december 2017 housing data The RE/MAX National Housing Report for January 2018: "2017 Closes Strong With Record High December Home Prices " was this month’s headline. While sales dropped slightly from one year ago, December capped off 2017 with record home prices, speedy sales and low inventory.
So, Where Will Housing Double Dip? Even so. of the housing-bubble years. It is disturbing to consider that if this is the calm before the storm, then the pending crash will be painful indeed. In the current debate on the direction.