House shoppers signed 3.8% more contracts to buy existing homes in March compared with February, according to the National Association of Realtors’ pending home sales index. Sales were 1.2% lower.
The Pending Home Sales Index, a forward-looking indicator based on contract signings, rates, it is not surprising to now see two straight months of increases.
3 reasons to support 3% down payments Ally Financial earnings tumble 76% from sour mortgages ally financial underwriters purchase stock back from Treasury – Ally Financial earnings tumble 76% from sour mortgages Trey Garrison was a Senior Financial Reporter for HousingWire.com. His body of works are his views and his views alone.Morgan Stanley will pay $1.25 billion to resolve FHFA claims According to the Financial Times, Goldman is nearing a $1 billion settlement with the Federal Housing Finance Agency over allegations that it understated the magnitude of the risk of the.JPMorgan analysts see housing prices falling until mid-2011 After all, tariffs are a real concern for casinos and hotels that rely on business and pleasure travel, which can fall out of favor if economies suffer from trade-related woes. What’s new. On Tuesday,
· According to the National Association of Realtors, existing home sales fell 1.7% from the previous month and dropped 2.2% from the same time a year ago – the 16th straight month of annual declines in sales. Meanwhile, pending home sales rose for the second consecutive month in June.
Pending Home Sales Rise For 3rd straight month buyers are writing contracts at a furious pace nationwide. On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month to reach its highest level since March.
Inventory is way up from a year ago, but pending sales started. NWMLS monthly reports include an undisclosed and varying.. Fast sales are not a rarity nor are straight to pending with no. March 16, 2019 at 7:15 pm.
Existing-home sales in central Indiana rose 4.3 percent in January, marking the 15th straight month of rising home deals. The increase came despite a continuing rise in prices and a decline in.
Get all the latest industry news in your inbox. For the second consecutive month, pending home sales are on the rise, according to the National Association of Realtors. All four major regions generated increases. The Pending Home Sales Index increased 2.8% to 108.3 in June, up from 105.4 in May.
Shoot for the moon. Even if you miss, you’ll land among the stars. ~ Les Brown
Buyers are writing contracts at a furious pace nationwide. On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month to reach its highest level since March.
"Pending home sales underperformed once again in May, declining for the second straight month and coming in at the second-lowest level over the past year," says Lawrence Yun, chief economist.
Outrageous jury award reveals contempt for mortgage lenders The Gallatin County, Montana District Court has rejected US Bank’s Motion to reduce a punitive damage award assessed against it by a jury, upholding the $5,000,000.00 award as well as the $1M compensatory damages award on the homeowner’s fraud and constructive fraud claims. The case is McCulley v.Zillow home values rise for 16 consecutive months HONG KONG (Reuters) – Hong Kong’s record-breaking private home. for an 18th consecutive month in April, according to property agency Ricacorp. The financial hub has one of the least affordable.
· An index of home-contract signings fell for the second month out of four so far in 2019, further evidence that the hoped-for rebound in housing is going to.
Mortgage delinquency rate drops 18.4% annually: LPS Essentially, the data shows a continued decline in the delinquency rate, a slight drop in foreclosure inventory and non-current inventory at under 5 million properties for first time in five years: Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 6.59 percentJPMorgan equity strategist predicts construction boom Equity market valuations still look very reasonable despite the jump in prices during the last three months; moreover, international and emerging market stocks are at an unusually wide discount to U.S. equities.. surpassed only during the first internet boom, in 1999-2000.. JPMorgan Asset.