Currently viewing the category: "New Home Sales"

New Home Sales Crater In January, Opening The Door For Deals With Builders

On February 25, 2011 By

In its monthly New Home Sales release, the U.S. Department of Commerce showed a 13 percent drop-off in annualized new construction sales between the months of December and January. It’s the biggest one-month drop in New Home Sales since May 2010.

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New Home Sales At 8-Month High

On January 28, 2011 By

The 2010 housing market finished on a tear, and that momentum is carrying forward into 2011. Expect the spring season to show strongly, and for home prices to be on the rise.

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New Home Sales Reach 8-Month High

On January 28, 2011 By

The 2010 housing market finished on a tear, and that momentum is carrying forward into 2011. Expect the spring season to show strongly, and for home prices to be on the rise.

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New Home Sales Rise In November

On December 28, 2010 By

As we move into 2011, housing is looking increasingly solid. Sales in all categories are improving over the past six months. Coupled with rising interest rates, it appears that buying a home in early 2011 will be cheaper than waiting until after the snow has melted.

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New Home Sales Rise In November; Hint At Strong Winter 2011

On December 28, 2010 By

Like most housing data from November, the most recent New Home Sales report showed sales volume increasing last month, and home supplies falling.

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New Home Sales Report Shows Decline

On November 30, 2010 By

Builder confidence indicates that negotiations in the spring will not favor buyers as strongly as last spring. Add to it the fact that mortgage rates rising, the best deals on a new home may be now.

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New Home Sales Slip In October

On November 30, 2010 By

After posting a strong September, the number of newly-built homes sold nationwide slipped in October.

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Great Week For Housing Data

On October 28, 2010 By

Why buy? Over the life of the loan, a 4.5% mortgage rate costs $43,000 than a 5% mortgage rate on a $400,000 loan.

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New Home Housing Stock Drops To A 5-Month Low

On October 28, 2010 By

After improving 1 percent in August, New Home Sales popped another 7 percent in September. It’s no wonder homebuilder confidence is at a 5-month high.

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Market Stabilizing: New Home Sales Unchanged

On September 28, 2010 By

Aside from builder incentives and the naturally stronger negotiating position for today’s buyer, the fact that mortgage rates are down 0.75% since the beginning of the year. Homes were already more affordable just with the dip in prices, but coupled with mortgage rates we’re now we’re nearly off the chart.

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