The National Association of Realtors® (NAR) said it was encouraged to see the month also bring a modest increase in the percentage of first-time. May. Sales were 1.6 percent higher than the June.
A real estate agent shows a condo to prospective buyers in Miami, Florida. The numbers: Existing-home sales ran at a seasonally adjusted. According to NAR’s measure of first-time buyers, they.
WASHINGTON (MarketWatch) — Sales of existing homes rose 5.1% in May to a seasonally adjusted annual rate of 5.35 million, hitting the fastest pace since November 2009 and rebounding from a drop.
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Mortgage servicers feel burden of regulatory pressure Federal Court of Appeals finds for MERS, again Once again, joined by AHK, U.S. Bank and MERS moved to dismiss for failure to state a claim. The court granted the motion and dismissed Turner’s action with prejudice. Turner now appeals, arguing that the court erred in dismissing his claim. Alternatively, Turner argues that if his complaint failedGiven the fast pace of regulatory change in the mortgage lending, and the government’s migration toward making lenders more responsible for the integrity of the documents used to deliver information obtained from third parties, lenders are under lots of pressure to ensure appraisal, income, and other data tied to mortgage lending is being.
The National Association of Realtors reports sales of existing single-family homes rose 5.1% in March to an annualized rate of 5.33 million units. The expectation was for 5.30 million units.
Economy Watch: First-Time Buyers Boost Existing Home Sales Why an increase in existing homes sales is a good thing for the real estate market. Jun 23 2015
Wednesday, the association said existing home sales rose 5.1% in March to a seasonally adjusted and annualized rate of 5.33 million units, compared to February’s annualized rate of 5.08 million homes. The data was stronger than expected as consensus forecasts were calling for a sales rate of 5.29 million units.
Bloomberg: Blackstone rental home bonds have highest LTV Small landlords have struggled to get financing until the last couple of years and most offers came with high interest rates. There have been five home-rental bond deals since Blackstone’s first.
Existing-home sales sprang ahead in May to their. in the increase in sales is more homeowners realizing the equity they’ve accumulated in recent years and finally deciding to trade-up or downsize,”.
“A significant breakout in existing home sales. May 2011 when the NAR started tracking the series, down from 36 days in March and 26 days a year ago. About 53% of homes sold in April were on the.
The NAR reported existing home sales plunged -5.1% from last month and are down -5.1% from January of last year. This is the 3rd decline from from year ago. Existing home sales are now at July 2012 levels. While many blame the harsh winter on falling sales, in the West where weather has not been a factor, existing home sales declined -7.3% for the month and are down -13.7%
Existing Home Sales Jump 5.1 %. The National Association of Realtors said Monday that sales of existing homes grew 5.1 percent to an annual rate of 4.72 million last month, from 4.49 million units in January. It was the largest sales jump since july 2003. sales had been expected to fall to an annual pace of 4.45 million units,
Economic strength hinges on China China’s economy is measured by its gross domestic product. In 2017, growth was $23.12 trillion, the largest in the world. That’s 6.8 percent more than in 2016. China’s GDP grew at 6.5 percent year-over-year in the third quarter of 2018.What Fed rate hike? Interest rates hold steady for 2nd straight week Pending home sales hit two-year high: NAR FICO scores for May mortgage borrowers remain at two-year high.. After hitting a low point last month, mortgage interest rates are continuing to tick.. Few home sales fall through once they reach pending status, but that doesn't mean all.. 4.7% to 104.6 in January, the National Association of Realtors said Wednesday.The five-year treasury-indexed hybrid adjustable-rate mortgage increased to 3.87% this week, up from 3.83% last week and from 3.46% last year. "Interest rate-sensitive sectors of the economy.