New-Home Sales Fell 8.9% in October Allen J. Schaben/Los Angeles Times WASHINGTON-Sales of new homes in the U.S. fell in October. Purchases of newly built single-family homes-a relatively narrow slice of all U.S. home sales-fell 8.9% to a seasonally adjusted annual rate of 544,000 in October, the Commerce Department said Wednesday.
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· After a strong February, resale home sales plunged 4.8% while prices actually rose again 3.8% to a median of 259,400. Experts had called for a 5.3% increase in sales. The drop in home sales was despite lower mortgage rates, wage gains and slower.
· WASHINGTON (AP) – U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy. The National Association of Realtors said Friday that sales declined 3.4 percent last month, the biggest drop in 2 ½ years, to a seasonally adjusted annual rate of [.]
After rebounding in May, new home sales plummeted 5.3% in June but were up 2.4% compared with June 2017, according to estimates from the U.S. Census Bureau and U.S. Department of Housing and Urban Development.. The approximately 631,000 new home sales in June was down from about 666,000 in May but up from about 616,000 in June 2017.
Sales of new homes fell in October to the weakest pace since March 2016 as rising borrowing costs and elevated prices kept buyers out of the market. Single-family home sales fell 8.9 percent from.
CFPB: We’re working to make new HMDA implementation easier MERS wins again; this time in Pennsylvania Auction.com sells $65 million in commercial assets DataQuick finds increase in sales of high-end homes in 2010 southern california home sales rose above year ago levels in June for the sixth month in a row, real estate research firm dataquick said Tuesday. A total of 22,075 new and resale houses and condos.stoneridge sold assets and product lines to Standard Motor Products for $40 million The Novi-based supplier retained net working capital assets of $5 million Sale is part of a long. and systems for.Allstate sues JPMorgan Chase over sale of toxic RMBS Prominent Miami developers plead guilty for $36M affordable housing scheme Bachelor Lawsuit Over Spoilers Settled – Producers behind the latest season of The Bachelor have reached a settlement with blogger "Reality" Steve Carbone, according to The hollywood reporter. producers filed a federal lawsuit at the.Mortgage apps drop 3.5%, refis drop 8% D.R. Horton’s homebuilding revenue grows 33% Express accounted for 28% of D.R. Horton’s closings and 20% of its revenue in. s still room to grow market share of true first-time buyers, as well. The National Association of Realtors said.2019 Mortgage Industry Study | SuperMoney! – There are two types of mortgage points: discount points and origination points. discount points are a form of prepaid interest. The more you pay in discount points the lower your interest rate will be. Typically, every discount point you pay on a mortgage will drop the rate by 1/8 to 1/4 of a percent.Compliance, data security worries top the list. In 2014, 7,062 financial institutions reported information about approximately 11.9 million mortgage applications, preapprovals, and loans. The final rule is supposed to "improve the quality and type" of HMDA data. The CFPB also says it is working to reduce the reporting burden for lenders,
Food prices in October were. have sent retail sales tumbling to their first year-on-year fall since 2013. Food prices, which were 3.5% higher than a year earlier, helped push the volume of goods.
Woodward Asset Capital acquires Homesource Realtors MortgageOrb. Articles. All Commercial Mortgage GSEs Housing Markets Latest News Mortgage Servicing Origination Regulatory Compliance REO Residential Mortgage Secondary Marketing Technology Valuations. LenderClose Grows From Four to 25 Employees in Under 15 Months.. Home FYI Page 18.
led to significant bankruptcies in the financial sector and a recession which shrunk GDP by 0.3% in 2008 and 3.1% in 2009. The effects on real estate prices was swift and significant, as for the first.
· New U.S. single-family home sales fell unexpectedly in October and prices dropped to a seven-year low, a government report showed on Wednesday, pointing sustained weakness in the housing market.
What are we reading? Furious Hours tells the true story of Alabama serial killer the Rev. Willie maxwell. casey cep has written a fascinating account about Harper Lee’s obsession with writing a true crime novel about the.FHFA delays inevitable g-fee hike FHFA Director Watts Delays G-Fee Hike By. Kate berry; published. january 08 2014, 1:42pm EST; print reprint. In his first major move as head of the agency that oversees Fannie Mae and Freddie Mac, ex-Rep. Mel Watt said Wednesday that he will delay a planned fee hike that would have raised the.
The sale dwarfs the previous record-holder in New. of the real estate appraisal firm Miller Samuel. “It’s been on my list for four years,” said Mr. Miller, who said the unit, first listed for $250.
July’s new-home sales figure was originally reported at an annualized rate of 298,000. Despite coming in just slightly worse than expected, August’s new-home sales rate was 6.1% higher than year.