NAR: Pending home sales up 10.3% from last year

pended home sales over 2014, according to F.C. Tucker Company statistics of the nine-county central indiana region. More than 31,000 homes sold in 2015, up from approximately 29,000 last year. The average selling price of a home also rose each month of the year as available inventory declined during 11 months of 2015.

Mortgage lending standards slightly ease up Network Funding hires Matt Kiker as president  · George Soros funds Ferguson protests, hopes to spur civil action. Liberal billionaire gave at least $33 million in one year to groups that emboldened activistsThe Dove: Keep interest rates low Freddie Mac economist sees sunny economy in second half He holds a master’s degree in network economics from Georgetown University and a bachelor’s degree in economics and finance from George Mason University. What housing market trends do you see emerging in the second half of this year? There are two key trends we’re seeing in 2018. One is the rise of the first-time homebuyer.If we had deflation then even if interest rates are very low, then people may still prefer to save because the effective real interest rate is still quite high. time lag. A cut in interest rates can have up to 18 months to affect the economy. For example, you may have a two year fixed mortgage deal.CoreLogic. of lending standards. "These conditions historically have supported fraud for housing schemes," Doty says. She also warns lenders that one old fraud scheme seems to be coming back, and.

NAR released a summary of pending home sales data showing that June’s pending home sales pace was up 2.8% last month, and after 17 months of declines, up 1.6 % from a year ago. Pending sales represent homes that have a signed contract to purchase on them but have yet to close.

At the national level, housing affordability is down from last month, but up from a year ago. Mortgage rates were down from last month at 4.11% this May, and down 7.7% compared to 4.71% a year ago. July 15, 2019

The National Association of Realtors’ (NAR) Pending Home Sales Index took. 109.9 reading in June. Last month’s index reading 1.4 percent higher than the 109.8 level from July 2015 and is at its.

Sales are down 10.3% versus a year ago. Sales in December fell in all four major regions and for both single-family homes and condos/coops. The median price of an existing home declined to $253,600 in December (not seasonally adjusted), but is up 2.9% versus a year ago. average prices are up 1.6% versus last year.

El Paso receives $75,000 grant to fix foreclosed homes Lock-Up We, each of our officers, directors, and all of our stockholders have agreed, subject to certain exceptions, not to sell, offer, agree to sell, contract to sell, hypothecate, pledge, grant any.

US existing-home sales cratered to 4.99 million in December, 10.3% below the mark from the year-ago period. That followed year-over-year declines of 7.8% in November and 5.1% in October, according.

Pending Sales were up 0.9 percent to 2,105. Inventory levels fell 17.5 percent to 7,397 units. Prices continued to gain traction. The Median Sales price increased 16.6 percent to $204,060. Days on Market was down 10.3 percent to 70 days. Sellers were encouraged as Months Supply of Inventory was down 23.1 percent to 3.0 months.

NAR February pending home sales rebound 5.5% over January The dawn of spring is propelling an increase in buyer demand, according to NAR’s chief economist by Marian McPherson Staff Writer

Survey Finds Short Sales Outnumber REO in January Purchases Despite the overall decrease in distressed sales and investor activity, the survey reported short sale activity has gone up for investors, with investor short sale purchases up to 35.3 percent, an increase from 31.8 percent in March and 30.5 percent in April 2012.

A breakdown of the index figures show that in the North East sales increased by 10.3% but are still 5.1% below a year ago while in the Midwest sales rose just 0.7% and 9.5% lower than February 2017. Pending home sales in the South rose 3% but are 1.5% lower than February last year while in the West sales rose by 0.4% but are 2.2% lower than.

NY Establishes Loss Mitigation, Fair Dealing Duties for Mortgage Servicers The sixth in a series of posts on the new mortgage servicing rules.. CFPB has issued the Final Rule for Mortgage Servicing, which takes effect january 10, 2014. Among the numerous changes to mortgage servicing, the Loss Mitigation section contains specific guidelines to occur prior to the foreclosure process.Here are the 5 most expensive houses in Austin’s booming market Still a boy’s club: texas prison system faces allegations of harassment, discrimination Reported By; Keri Blakinger May 30, 2018. More than a decade after a sexual assault scandal rocked the Texas Department of Criminal Justice, the agency is still a boys club plagued by sexual harassment and a culture that makes it difficult for women to get promoted despite efforts to bring them into the.