Tag Archives: Home Sales

October 2017 Existing Home Sales Rebound from Hurricane Slump, Up 2.0 Percent Sequentially from Prior Month, (Seasonally Annualized), But Down 0.9 Percent Year-Over-Year

Existing home sales sprang back in October 2017, rising 2.0 percent (on a seasonally adjusted annualized rate) from the downward trend in September arising from Hurricane Harvey and Irma impacts, but remained off slightly (down 0.9 percent) from a year ago according to the National Association of Realtors® (NAR).  Median price was $247,000 (not seasonally …Read more

Forecast 2017 Residential Purchase and Refinance Lending Volumes

Each month Fannie Mae, Freddie Mac and the MBA forecast residential purchase and refinance lending volumes years in advance on a quarterly basis. While these forecasts typically do not initially agree, over time they converge to a consensus. These lending volumes impact any and sometimes all real estate related service providers in their incomes ranging …Read more