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What We're Reading: The Good Friday edition

Items Tagged with 'Existing home sales'


Home sales slowest since July 2012

Rising prices and weather blamed
March 20, 2014
Existing home sales fell again for the second month in a row, falling 0.4%. February’s pace of sales was the lowest since July 2012, when it stood at 4.59 million.
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Existing home sales hit lowest level in year and a half

Weather? Also blame flood insurance for falling sales
February 21, 2014
January home sales tumbled to the lowest level in a year and a half after the market hinged on the potential of a better report. But home prices, rates and weather were not the only factors pushing existing-home sales down.
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Where are home sales headed?

Realtors: Strength hinges on job market
January 23, 2014
Existing-home sales experienced a slight increase and grew 1% to a seasonally adjusted rate of 4.87 million in December from 4.82 million in November, due to weather, mortgage rates and continuous home prices gains.
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Contradictory housing data makes 2014 a bit of a maze for forecasters

But a few trends are easy to spot
December 31, 2013
What can we make of the seeming incongruity of indicators in the housing market as 2013 comes to a close? Mortgage applications recently hit a 13-year low. Existing home sales fell for the third consecutive month – and for the first time on a year-over-year basis in quite some time.
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Existing home sales decline 4.3% in November

December 19, 2013
Existing home sales fell 4.3% for November to a seasonally adjusted rate of 4.9 million, according to Thursday's report from the National Association of Realtors, although median prices show strong growth year-over-year.
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Out with the old, in with the new

Home improvement loans can provide New Year’s hope for 2014
December 16, 2013
Bill Ashmore, the chief operating officer of Impac Mortgage Holdings, sees a lot of frustration from real estate agents and homeowners around this time of year, when the desire for a nicer home traditionally takes hold. There is a solution, a source of funding, but education around the product is woefully inadequate.
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Upcoming mortgage rules blamed for slow existing home sales

November 21, 2013
Earlier Tuesday, existing home sales volume fell, disappointing economists who were expecting a better result. That drop may have had something to do with upcoming Qualified Mortgage and Ability-to-Repay rules affecting mortgage underwriting already, one analyst claims.
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Existing-home sales decline on falling affordability, tighter inventory

Consumer buying power fades as choices and prices shift
November 20, 2013
Existing-home sales cooled off in October as potential buyers faced a confluence of factors, including falling inventory and rising prices. The National Association of Realtors attributes dampened sales to eroding buying power overall.
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Monday Morning Cup of Coffee: MBS tapering by Christmas is possible, but unlikely

November 18, 2013
Fed tapering is unlikely to occur this year, market analysts have consistently claimed. But with the Fed scheduled to go on the record twice this coming week, not everyone is ruling out the possibility of a tapering by Christmas.
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Homebuilders take massive hit on HW 30

Dip in existing-home sales fuels HW 30 decline
October 21, 2013
Homebuilders and real estate websites took a massive hit on the HW 30 Monday as sales of existing homes continued to fall.
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