Sales of new U.S. homes unexpectedly rose inMarch, climbing to a 16-month high to cap the first quarter witha third straight increase that reflects a boost from lowerborrowing costs. Single-family home sales rose 4.
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Sales of new U.S. homes unexpectedly rose in March, climbing to a 16-month high to cap the first quarter with a third straight increase that.
Slower growth doesn’t dim Fannie and Freddie mortgage outlook The FHFA, Wertheimer says, must improve oversight of matters it has delegated to Fannie and Freddie, the two government-run companies at the heart of the nation’s mortgage. conditions to slow the.February’s foreclosure inventory fell to lowest rate since 1999
Sales of new U.S. single-family homes unexpectedly fell for a third straight month in February, weighed down by steep declines in the Midwest and West. The Commerce Department said on Friday new home sales dropped 0.6 percent to a seasonally adjusted annual rate of 618,000 units last month. January’s sales pace was revised up to 622,000 units.
New-Home Sales in U.S. Cool for Third Month as Prices Surge : March 25, 2018 Sales of new U.S. homes fell for a third straight month and supply swelled to the highest since 2009, suggesting that surging prices are increasingly deterring buyers, according to government data released friday.
Rising rates: This phase favors consumers over banks Bloomberg Politics – Bloomberg – Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News on everything pertaining to politicsPeople on the move: Dec. 14 Brad Kreikemeier, Kevin O’Neil and Katie Stuart were named to the board of directors of The Colorado Springs Conservatory. Kreikemeier was recently appointed executive vice president of Bank of Colorado.Incenter brokering $2 billion in agency MSRs with imaged files Mortgage originations plunge, but subprime activity sees minimal decline
The Ten-X Hotel Nowcast bounced back from two straight months of decline, climbing 1.6 percent in March, the strongest increase of any property segment. While hotel pricing had slipped below its year-ago figures in February, the strong performance was enough to push the index to 0.5 percent higher than a year ago.
House shoppers signed 3.8% more contracts to buy existing homes in March. Sales were 1.2% lower compared with March 2018, the 15th straight. past several months but predicted that numbers will begin to climb “more consistently.”. sitting on the market longer, rather than a big jump in new listings.
WASHINGTON (Reuters) – Sales of new U.S. single-family homes rose to a near 1-1/2-year high in March, boosted by lower mortgage rates and house prices. The third straight monthly. home sales in the.
We are creatures of habit and suffer from historical financial amnesia. As you would expect, the market is now turning and the question now shifts to how big of a correction we are expecting. Los Angeles has been in a decade long renting trend where the vast majority of new household formation.