Tag Archives: Home Value

Existing Home Sales October 2018 — Down 5.1% Year-Over-Year on a Seasonally Adjusted Basis, But Up 1.4% Sequentially from September

Existing home sales gained some daylight in October 2018 versus the prior month, increasing 1.4 percent to 5.22 million on a seasonally adjusted annualized basis (SAAR) according to National Association of Realtors® (NAR).  October sales, however,  were off 5.1 percent on a year-over-year comparison.    On an unadjusted basis, housing sales in the first 10 …Read more

Existing Home Sales Sputter Again in August 2018: Sales Down 1.5% on a Seasonally Adjusted Basis, But Median Prices Up 4.6 Percent

Existing home sales for the second month in a row dipped 1.5  percent in August 2018 versus a year ago to 5.34 million on a seasonally adjusted annualized basis (SAAR) according to National Association of Realtors® (NAR).  Sales were flat sequentially from July (SAAR).  On an unadjusted basis, housing sales in the first eight months …Read more

Another Top-10 List — Fastest Growing U.S. Suburbs 2018

Cheap energy prices and lifestyle are once again leading to a move back to ‘burbs’ in America.  Front and back yards are back in style for some, along with landscaping, vegetable gardens and trees.  There are tens-of-thousands of Millennials in hot pursuit.  As a result, demand is robust in many of the U.S. suburban housing …Read more

Forecasts: Residential Refinance & Purchase Lending, 30-Year Conventional Mortgage Rates, Home Sales — June 2018

Fortunately, Fannie Mae, Freddie Mac and the MBA update their quarterly and annual forecasts monthly for residential lending volumes –  both refinance and purchase transactions.  Driving these lending forecasts is  the expectation of future interest rates.  Since 2018 is almost one-half over there is not too much deviation in interest rate expectations for the year, …Read more

March 2018 Existing Home Sales Down 1.2 Percent Vs a Year Ago — Median Price Up 5.8 Percent to $250,400 Driven By Minimal Inventory and Strong Demand

Existing home sales came in at  5.60 million dwelling units on a seasonally adjusted annualized rate (SAAR) in March 2018, down 1.2 percent versus a year ago but up 1.1 percent sequentially compared to February 2018, according to the National Association of Realtors® (NAR).   On a raw unadjusted basis, sales totaled 434,000 in March 2018 …Read more