As expected, Existing Home Sales jumped last month as March revealed 7% more closings versus February.
The year over year figure shows that sales volume was up over 16%.
“Existing home sale” includes those homes that have previously been inhabited. The opposite is a “new home sale” which has yet to be occupied.
The data [...]
Continue Reading →Existing Home Sales rose in March, as expected. The first time homebuyer tax credit continues to fuel higher sales figures.
Continue Reading →As expected, Existing Home Sales slipped about 30k units in February versus January.
Continue Reading →Existing home sales dipped in February. As we’ve been discussing, November’s surge was the flood of first time home buyers out to meet the original deadline for the tax credit.
Continue Reading →The recent data looks like housing sales have slowed down, but it could be exactly the type of information that helps first time home buyers.
Continue Reading →The Pending Home Sales Index rose slightly in December, climbing 1 percent from November.
It’s a figure compiled by the National Association of Realtors
Continue Reading →The Pending Home Sales Index bounced back in December after November’s big drop.
Continue Reading →After last month’s surge on the November data, December’s Existing Home Sales dropped sharply–nearly 17 percent and a hitting a 4-month low.
Still, it wasn’t a complete surprise.
Continue Reading →First time home buyers win on the latest Existing Home Sales report. The reason is very simple: We’re going on nearly a year where the housing information was generally positive. We’re hearing more about multiple offer situations and seeing more competition for the most desirable homes.
Continue Reading →Mortgage rates improved last week as money poured out of the stock market. The S&P dropped 4% in its worst week since October 2009.
This week looks to be extremely volatile.
Continue Reading →First Time Home Buyers
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