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Inventory is still 0.5% below where it was a year ago this time, according to NAR. For the second month in a row, there is a mere 4.6-month supply of unsold homes available. In a normal market.
Just what is the Fed going to do about interest rates? banks push harder to sideline Richmond eminent domain plan 3 reasons investors bet big on housing Coming off a run of losses over the past four years, Ackman’s portfolio has bounced back in a big way in 2019 — up a whopping. easy-to-understand large cap retailer known to many investors. So why.The more I think about the coming presidential election-it’s not unreasonable to ask why I think about it at all-the more I am convinced that the best contest for libertarians would be Hillary Clinton.Earlier this week, New York Federal Reserve President William Dudley put the kibosh on any talk that the Fed may increase interest rates after next month’s meeting of the FOMC. According to a.
For first-time home buyers, 25% said saving for a downpayment was the most difficult step in the process. It took 32% of first-time home buyers more than two years to save up for a downpayment however, 29% were able to come up with a downpayment within six months or less and that is where the tax refund can help.
Existing-home sales tumble at the fastest pace in more than 3 years as supply crunch deepens By. "Realtors in most areas are saying buyer traffic is even stronger than the beginning of last.
On a year-over-year basis, sales were 1.8% lower than a year ago. Meanwhile, the first-time buyer share increased to 32% in February from 29% last month and a year ago. The February inventory increased to 1.63 million units from 1.59 million units in January, and was up from 1.58 million units compared to a year ago.
First time buyers accounted for a smaller share of sales at 29% in April, down from 30% the previous month, and 35% a year ago. All cash sales however accounted for a larger part of existing home.
First-time buyers were responsible for 32% of sales in February, up from last month and a year ago (both 29%). NAR’s 2018 Profile of Home Buyers and Sellers- released in late 20184 – revealed.
Wells Fargo will not join BofA in foreclosure suspension Zombie home agreement with banks a good step, but state legislation needed, officials say – The Department of Financial Services announced Monday that the agreement with 11 firms including wells fargo and Bank of America sets out "best practices" for maintaining vacant homes in foreclosure ..
June new home sales up more than expected; 29% rise in. – Just go by NAR’s data and you will see YoY prices are down 18% in NJ. If seller’s are pricing their houses 15-20% below, they will sell fast. I am negotiating with this buyer who has listed his house 4% below 2006-7 peak. He is not going to see more traffic at his open houses unless he gets realistic.
"Buyer traffic is continuing to pick up, while seller traffic is holding steady," said nar chief economist lawrence yun. "In fact, buyer traffic is 40 percent above a year ago, so there is plenty of.
These mortgage-relief scammers look so legit 4 days ago · Scammers often pretend to be calling from a number that looks eerily similar to yours. According to AARP’s survey, 60% of Washington adults say they are more likely to answer the phone if their.
First-time buyers accounted for 32% of sales, up from 29% the prior month. Existing-home sales account for about 90% of U.S. housing and are calculated when a contract closes. New home sales make up the remaining 10% and are counted when contracts are signed.