New-home sales fall to nine-month low while supply rises

New-home sales. just that — a low point from which sales have since steadily increased, Paquin said. He noted there were a record 390 separate new-home projects within the six-county area selling.

U.S. homebuilding fell to a nine-month low in June and permits for. from increasingly expensive inputs on the supply side to prices that are. continuing to be “burdened by rising construction material costs.”. the price of a new single -family home, further reducing affordability for many first-time buyers.

One Nomura trader convicted, one cleared at bond fraud trial One Nomura Trader Convicted, One Cleared at Bond Fraud Trial. One Nomura Trader Convicted, One Cleared at Bond Fraud Trial.. A former Nomura Holdings Inc. trader was found guilty of conspiring to lie to clients about mortgage-bond prices, while another was cleared of all charges in a verdict.Former exec from HUD’s Ginnie Mae program joins Ainsworth Advisors Numbers from Ibis Software, which tracks HECM counseling sessions, indicate that last year’s changes to the program have contributed to this trend. “Forty-eight percent of endorsements.

Sales of single-family homes will rise modestly again in 2016 and median sales prices should be up 3% to 5%, trade groups and researchers say. While rising mortgage rates and a shortage of first-time buyers may temper that outlook some, the coming year should be another seller’s market for real estate.

Reverse mortgage lender Live Well Financial laying off 103 workers Live Well Financial, Inc. ("LWF") was a privately owned mortgage originator, servicer and investor, licensed in the United States to operate in 46 states. The company offers government-insured Home Equity Conversion Mortgage loans (HECM, commonly known as reverse mortgages), FHA single family mortgage loans, and Fannie Mae conforming loans.

The Commerce Department said on Wednesday new home sales declined 9.4 percent to a seasonally adjusted annual rate of 571,000 units last month, the lowest level since December 2016.

Home sales hit 6-month low, supply rises. It was the second straight month of declines. The drop was smaller than economists had expected, but the april sales figure was revised lower, leaving a report that was largely in line with expectations in financial markets. While the fall in sales last month was partly due to tornadoes and flooding,

People on the move: March 15  · People on the Move | 3.15.12. By Caysey Welton:: March 15, 2012. Susan Cummisky was named senior vice president of global human resources for Readers Digest Association, Inc. Most recently, Cummisky served as an independent consultant and leadership coach.

U.S. existing home sales fall as supply hits 17-year low.. With fewer homes available for sale, house prices continued to rise.. and 30,000 to 40,000 new home buyers would be sidelined.

Volatility defines first-quarter home sales, California takes big hit  · Airbnb has signed an agreement to acquire HotelTonight, the san francisco-based company that uses an app to sell last-minute, unused inventory at boutique and independent hotels. Negotiation talks were first reported by the Wall Street Journal, though at the time, the story suggested talks had “gone cold.” The purchase illuminates how Airbnb, which is planning [.]

Despite the uptick, November’s new-home sales. was $213,000 while the average sales price was $268,700. On a seasonally adjusted basis there were 197,000 new homes for sale at the end of November..

U.S. new home sales fall to seven-month low.. The Commerce Department said on Wednesday new home sales tumbled 9.4 percent to a seasonally adjusted annual rate of 571,000 units last month, the.

Sales of new homes in the U.S. slumped for the fourth-consecutive. Meanwhile, inventory rose to a 7.1 months' supply, the highest level since March 2011.. U.S. Jobless Claims Fell to 3-Month Low During Holiday Week July 11, To be sure, in the first nine months of this year, sales grew 3.5% when.

CoreLogic adds self-service option to condo data service