March home sales increase in almost all metros: RE/MAX But Orlando now appears to be recovering faster, with prices increasing 20 percent in March from a year earlier compared with a 16 percent increase for all Florida metro areas. by Patten Sales &.
Inventory is a key for the housing market, and I am watching inventory for the impact of the new tax law and higher mortgage rates on housing. I expect further increase in inventory in 2019. Also note that inventory in Seattle was up 272% year-over-year in December, and Denver up 45% YoY (not graphed)!
July 2012 – Greensboro, NC – Housing completions in April were 10.0 % above the March estimate and 20.1% above the April 2011. Total housing inventory at Single-family housing completions in April were 11.4 % available for sale, a above the March figure. Buildings with 5 or more units represented 24% of housing completions in April 2012. Source: U.S. Census Bureau
"Home buyers may be pleasantly surprised to see more homes on the market, as housing inventory starts to make a comeback after years of decline," said Cheryl Young, senior economist, Trulia."While this is ultimately good news for frustrated buyers, years of steadily increasing prices mean that those hoping to buy a home will need to spend a bigger share of their income once they find one.
KBW: Here’s how Shelby bill will affect banks and mortgage finance Here’s a look at what’s next, from those in the know.. Here’s how Shelby bill will affect banks and mortgage finance.. keefe, Bruyette & Woods’ analysts looked at Senate Banking Chair.
The Chicago real estate market continued to stall in March with the worst sales decline in 20 months. home sales fell by 7.6%, just a smidgen worse than the 7.5% decline we saw in January. This.
LendingPad partners with My Mortgage Trainer for low-cost training Roberto Hernandez, a partner with PwC’s consumer finance division, sat down with HousingWire at LendIt Fintech to discuss how lenders can use this information to focus on meeting borrower expectations.
The monetary value of shadow inventory has also been falling nationally. In January 2013 the value of homes in the pending supply was $350 billion, representing an annual decrease of $50 billion from January 2012 and a six-month decrease of $31 billion. Prices on the rise
Head of Citigroup residential mortgages gets big promotion ((b)) Marketing and Promotion. New Residential Corporation ("NRZ"): Altisource is aware that Ocwen and NRZ have each stated that there are on-going negotiations to reach an agreement that would.
OFIX is down about 6% since it was added to the Forbes Investor Master Buy List a year and eight months ago. Prior to our initial recommendation, the stock it had declined some 28% from its.
Mortgage lending boom? Equifax reports massive increase in home credit Equifax noted that new lines of credit year-to-date through July reached 495,000 lines. That figure is still 76% below the seven-year high of 2 million lines of credit set in July 2006.
In this segment, I’ll be tackling San Diego home prices and other real estate trends in the city. I’ll offer some personal predictions for the San Diego housing market in 2012, as well. San Diego Home Prices: Looking Back. It wasn’t a stellar year for the San Diego real estate market, in terms of home prices.
With few exceptions, housing starts have fallen steadily since last year. As low inventory and growing home values increased the number of people looking for new homes, construction has.
Zillow (NASDAQ: Z) found that Facebook’s 2012 ipo helped boost home appreciation by almost. number of homes with a price cut is 66 percent higher than a year ago." Housing inventory in the San.