Tag Archives: Home Value

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

Existing Home Sales Hit Highest Annualized Rate in almost 11 years in November 2017 – Median Price Up 5.8 Percent

Existing home sales posted a seasonally adjusted annualized rate (SAAR) of 5.81 million dwelling units in November 2017, up 3.8 percent versus a year ago and the most seen since December 2006, according to the National Association of Realtors® (NAR).   Median price of $247,000 (not seasonally adjusted), posted a 5.8 percent gain versus a year …Read more