The housing market received an unexpected surprise as new home sales rose to an annually adjusted rate of 667,000 homes in September 2017, far exceeding the slight decline predicted by experts. September’s new home sales value was the highest in ten years, and the 18.9% jump was the largest monthly increase since January of 1992.
Houston Real Estate: Experts Predict What Happens Next We gathered some of Houston’s real estate legends and asked the question on everybody’s mind-what’s really going on with the housing.
In the long term, the distressed home situation is a good thing. Baltimore real estate investing infuses the market with funds. Housing stock is essentially growing, which is good for the entire economy. The Baltimore housing market has about 3,553 homes for sale and another 7,697 homes that recently sold.
Changes in mortgage rates may cause homebuyers and sellers to hesitate about jumping into the market, while renters benefit from higher homeownership rates. What to Expect From the Housing Market in 2019 | U.S News Real Estate
In mortgages, these banks zigged while many others zagged In mortgages, these lenders zigged while many others zagged By John Reosti cujournal.com – Several banks and credit unions have revved up efforts in mortgage lending, even as others have headed for the exits.
[This post on More Bad News On The State of The Housing Market is from Lee Adler. To find out more about his work – visit wall street examiner.] sales of houses listed on America’s Multiple.
There was the negative surprise of the initial report that GDP growth slowed to only 0.1% in the 1 st quarter. Again no reaction by the market. The lack of interest continued through reports since,
Arizona home loan delinquencies are down by 32.1% which puts Arizona in the top spot compared to all other states. The drive in the market next year will be a continued effort to improve the housing economy by reducing the number of bad or underwater loans by way of a short sale.
Some believe that foreign investors have hurt the Greater Phoenix real estate market by driving up prices of homes. Stapp disagrees. "First, this was not a cash-constrained recession. There was – and still is – a lot of cash looking for good returns," he says.
Consumers are more confident in housing than ever before: Fannie Fannie Mae’s Home Purchase Sentiment Index reached a new all-time survey high, which indicated that consumers are confident about the housing market. This recent Housing Wire article by Kelsey Ramrez, shares the details of Fannie Mae’s recent report. The HPSI increased 3.3 points in July to 86.5, up from last month’s 83.2.
The synchronized global market rally pauses, and that isn’t a bad development. Corporate earnings aren. IF we get anywhere near this new forecast, it would be a huge upward surprise, and it may be.
Costs cloud some lenders’ view on the success of data initiatives Despite initiatives. some of those same benefits, but focusing on costs doesn’t do justice to one of the most momentous technological shifts of the past decade. More cloud deployments will be.