Items Tagged with 'home sales'

ARTICLES

Share of cash sales fell in October to 34%

Could hit pre-crisis levels in two years
Cash sales accounted for 33.9% of total home sales in the month of October, compared to 36.4% in October 2014, according to CoreLogic. At that rate of decline, cash sales could return to pre-crisis levels by 2018.
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New homes sales rise in November

Increased over October’s revised lower total
Sales of new single-family houses in November 2015 printed at a seasonally adjusted annual rate of 490,000, according to estimates released jointly Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development.
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The TRID effect is real: Existing-home sales fall sharply in November

Closing delays pushing sales into December?
First there was anecdotal evidence that the implementation of the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures rule in October had caused issues with the housing industry, but now, concrete data is beginning to show just how much the impact of TRID is being felt - and the news isn't great. Click the headline to read more.
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Here are 7 tips to secure a home when inventory is low

This low inventory environment isn’t going anywhere
Despite strong buyer demand, a giant lack of inventory in the housing market is creating a roadblock, and this isn't expected to change anytime in the near future. To help still secure your dream home in a tight inventory environment, Sharon Voss, president of the Orlando Regional Realtor Association, gave a few tips on what home shoppers can do.
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Home prices rise 0.3% in August, up 5.6% since January

National HPI just 5.3% off June 2006 peak
Home prices were up 0.3% for the month, according to the August house price index from Black Knight Financial Services. This puts national home prices up 5.6% since the beginning of the year and 27% since the bottom of the market at the start of 2012.
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RE/MAX: September home sales broke post-crisis records

Hot summer selling season continued into early fall
Following a summer that was hot in both temperature and in real estate, home sales expectedly cooled off a little in September, but still set a post-crisis record for completed transactions, according to the October 2015 RE/MAX National Housing Report.
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