Tag Archives: First-Time Homebuyers

Ted’s Tweets March 6 2015 – March 12 2015

For those of you that do not Tweet – you should consider doing so. If you want to talk about effective bang for the buck, the 140 total characters, letters, numbers and spaces of a Tweet on Twitter certainly qualifies. Who knew you could say so much in so little? It reminds me of Mark …Read more

Another Top-10 List — Most First-Time Homebuyers Putting Less Than 14 Percent Down Payment With a Minimum 20 Percent Millennial Growth Rate

What has been missing – until now – in the housing market recovery are first-time homebuyers. Considerable research and prognostications have been done as to why the entry-level market has been so sluggish. Many believe that it has been caused by two primary factors. The first limiting factor has been the massive increase in mortgage …Read more

September Existing Home Sales Hit the High-Water Mark of 2014 at 5.17 Million on an Annualized Basis — Median Price Up 5.6 Percent Year-Over-Year to $209,700

September existing home sales rose to the highest level seen thus far in 2014, reaching a seasonally adjusted annualized rate (SAAR) of 5.17 million according to the National Association of Realtors (NAR). While sales rose 2.4 percent sequentially from August, they were 1.7 percent less than the 5.26 million SAAR seen a year ago. The …Read more

August 2014 Existing Home Sales – Dipping 1.8 Percent Sequentially from July and Down 5.3 Percent Year-Over-Year from August 2013 — Not Necessarily Bad News

Sales of existing homes in August were on track at a seasonally adjusted annualized rate (SAAR) of 5.05 million homes, down 1.8 percent from July 2014 and off 5.3 percent from August 2013 according to the National Association of Realtors® (NAR). Median home prices rose 4.82 percent to $219,800 in August 2014 versus a year …Read more

July Existing Housing Sales Hit Highest Annualized Level of 2014

July 2014 saw existing housing sales post the greatest seasonally adjusted annualized rate (SAAR) thus far this year at 5.15 million units according to the National Association of Realtors® (NAR). Sales increased 2.4 percent sequentially from June (revised), though they were off 4.3 percent from July 2013. Median price increased 4.9 percent from a year …Read more

July 2013 Existing Home Sales — Best in Four Years — Year-Over-Year Homes Sales Up 17.2 Percent, Median Price Up 13.7 Percent — Likely to Cool as Interest Rates Rise, But Still Going to Be Up

Existing home sales continue to significantly improve, with the July 2013 seasonally-adjusted annualized rate hitting the greatest level in almost four years, according to the National Association of Realtors (NAR). For the month of July, the SAAR of existing home sales tallied 5.39 million, up from 4.6 million in July 2012, a gain of 17.2 …Read more