Category Archives: Existing home sales

Existing home sales

Existing Home Sales | How To Know When It’s Time To Buy A Home – Article Dashboard

Know Your Financial Limits When Looking at Homes Knowing what you can afford to spend on the homes you view is critical, but not as simple as it sounds. You need to have a solid understanding of things like your credit score, cash on hand, and pre-qualification for a mortgage. Understanding the types of mortgages available, and your ability to carry them long-term, is essential. The list prices of    .. more …

Existing Home Sales | What U.s. Cities Are Doing To Promote New Construction

Although home sale numbers may be resurrecting in some cities, this is not the case for most. Not only are home sales down, but new home construction has hit rock bottom in many major cities. Commercial vacancies are also steadily climbing, which have caused the lending industry to raise the bar in obtaining new construction loans. Builders are now struggling more than ever with a variety of    .. more …

Existing Home Sales | Earnings Preview: Apr 20-24 – Article Dashboard

Earnings season will hit full stride this week with 443 companies confirmed to report. Nearly one-fourth of the S&P 500 will release results. Dow components include 3M Company (MMM), AT&T (T), Bank of America (BAC), Boeing (BA), Caterpillar (CAT), Coca-Cola (KO), DuPont (DD), International Business Machines (IBM), McDonald’s (MCD), Merck (MRK), Microsoft (MSFT) and United Technologies    .. more …

Existing Home Sales | Housing's Turnaround May Have Arrived ” With Some Caveats

Existing-home sales are likely to speed up in coming months, reviving a market rebound that lost its legs during the first quarter, according to pending-sales data released Monday.The National Association of Realtor’s index of pending sales for existing homes rose 6.1% in May — the largest growth in four years — and hit the highest level in eight months. Pending sales typically close within two    .. more …

Existing Home Sales | Existing Home Sales Up 4.9%, Beating Street Views By 3%

Existing-home sales grew 4.9 percent nationwide in May, logging the best monthly increase since 2011 according to a brokers’ group.Sales were running at a seasonally adjusted annual rate of 4.89 million, up 4.9 percent from April, the National Association of Realtors said Monday.Wall Street expected a May sales rate of 4.75 million, or three percent lower than the actual number.Meanwhile, prices    .. more …

Existing Home Sales | TABLE-U.S. May Existing Home Sales Rise 4.9 Pct

June 23 (Reuters) – The following is data on U.S. existing home sales from the National Association of Realtors (seasonally adjusted annual rates): Units Sold (in mlns) May Apr AprPrev Mar May’13 Total Existing Homes 4.89 4.66 4.65 4.59 5.15 Single Family 4.30 4.07 4.06 4.04 4.56 Condos/Co-ops 0.590 0.590 0.590 0.550 0.590 Units Sold, Pct Change May Apr AprPrev May14/13 Total Existing Homes 4.9    .. more …

Existing Home Sales | Existing Home Sales Will Fall This Year: Fannie Mae Chief Economist

Duncan says the housing market has been relatively flat this year largely because of the “rate shock” occurring around this time last year which sent rates 1.2% higher in just five months. Comments by then Fed chairman Ben Bernanke that the Fed could begin to taper its asset purchases later in the year sparked the rate rise. Related: The growing wealth divide in the U.S. housing market “Sudden    .. more …

Existing Home Sales | Existing-Home Sales, Inventories Rose In May

WASHINGTON, DC — Sales of existing homes rose robustly in May and inventory gains continued to help moderate price growth, with all four regions of the country experiencing sales gains compared to the month prior, according to the National Association of Realtors.Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose    .. more …

Existing Home Sales | Existing-Home Sales Heat Up In May, Inventory Levels Continue To Improve

WASHINGTON, DC–(Marketwired – Jun 23, 2014) – Existing-home sales rose strongly in May and inventory gains continued to help moderate price growth, according to the National Association of Realtors . All four regions of the country experienced sales gains compared to a month earlier. Total existing-home sales 1, which are completed transactions that include single-family homes, townhomes,    .. more …

Existing Home Sales | Housing Market Falters Amid Rising Prices, Lower-Paying Jobs

The two-year-old U.S. housing recovery is faltering. The Mortgage Bankers Association yesterday lowered its forecast for combined new and existing home sales in 2014 to 5.28 million — a decline of 4.1 percent that would be the first annual drop in four years. The group also cut its prediction on mortgage lending volume for purchases to $595 billion, an 8.7 percent decrease and the first retreat    .. more …