Tag Archives: New Home Sales

March 2021 Fannie Mae-MBA Forecast Summary

Each month Fannie Mae and the MBA release forecasts (both quarterly and annual) for housing and related lending.  This summarizes their latest outlook as of March 2021.  Interest Rates Not only do Fannie Mae and the MBA disagree on where interest rates are heading, they even see different average rates last year in 2020.  Fannie …Read more

New Home Sales January 2021

New home sales rose an estimated 19.3 percent on a seasonally adjusted annualized rate (SAAR) in January 2021 compared to one-year ago, and were up 4.3 percent sequentially from December 2020 according to the United States Census Bureau.  Total sales in January 2021 on a SAAR were an estimated 923,000.  Median new home price in …Read more

Smoking-Hot New Home Sales – August 2020

Have been wanting to use the words Smoking Hot regarding real estate since the last downturn in 2008, and finally have a reason: August 2020 new home sales!   New home sales came in at a blistering 1.011 million units in August on seasonally adjusted annualized rate (SAAR), up a massive 43.2 percent from the prior …Read more