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Pending home sales in the South fell 2.5% to an index of 124.0 in April, which is 1.8% lower than last April. The index in the West dropped 1.8% in April to 93.5 and fell only 1.5% below a year ago. The National Association of Realtors® is America’s largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries.
BofA to Reduce Principal in HAMP Mortgage Modifications How Bank of America’s principal reduction plan will work. government’s Home Affordable Modification Program (HAMP), and the bank believes it can serve as a model for other modification programs.
WHAT: National Association of realtors pending home Sales. credit. Sales should continue to be stimulated by an improving (if slowly) labor market and low mortgage rates, which helped the NAR’s.
Pending home sales rebounded. economist for the NAR. “Homebuyers are now returning and taking advantage of lower interest rates, while a boost in inventory is also providing more choices for.
· Pending home sales were up 9.8 percent in the 12 months through November. The housing market has turned the corner after a dramatic collapse, which dragged the economy through its worst recession.
Freddie Mac economist sees sunny economy in second half After three years of construction declines – including a steep 15.8-percent drop in 2016, comparable to 15.6 percent in 2009, the second year. with an average half-point fee paid to the lender up.
“However, in looking at historical trends, the second quarter of every year has. by a surge in homes hitting the market and fewer sales after years of crazy-high.. The National Association of Realtors (NAR) said its Pending home sales index.
The stock initially gapped higher and rallied in response to earnings.. more with a 3.9% drop that created new post-earnings lows for two days.. The sympathy selling even hit William Lyons Homes (WLH), a stock. In other news, pending home sales declined year-over-year for the 17th month in a row.
Across the US, new home sales keep falling May 24, 2019 03:00PM Sales of new homes nationwide dropped in April by their largest monthly percentage this year, with the results coming amid rising.
The report announced that pending home sales (homes going into. “The reason sales are falling off last year's pace is that multiple years of.
Are you selling real estate in a high-cancer-risk area?. Pending home sales fall, hardest hit in the South. according to the National Association of Realtors (NAR). Sales are now 1.1 percent.
· Pending home sales were up 9.8 percent in the 12 months through November. The housing market has turned the corner after a dramatic collapse, which dragged the economy through its worst recession.