New-home sales decline in January to three-month low

“The gradual decline in mortgage. noted that a slowdown in sales during the fourth quarter means that there are some elevated new home inventories in some markets. The report noted that all HMI.

Application activity increases, led by uptick in refis According to the Mortgage Bankers Association’s latest weekly mortgage applications survey for the week ending June 21, 2019, mortgage applications increased 1.3 percent from one week earlier. The market composite index, a measure of mortgage loan application volume, increased 1.3 percent on a seasonally adjusted basis from one week earlier.Affordability keeping some from listing their homes for sale Aircraft For Sale on Find, Buy or Sell Helicopters, Aircraft, Jets, Ultralight or Military Aircraft, Single Engine or multi-engine prop planes and More For Sale on Aero Trader.

New Home Sales Fall to 5-Month Low.. January’s sales were revised down to a 455,000-unit pace from the previously reported 468,000-unit rate. Economists polled by Reuters had forecast new home.

That was a 1.6% decline compared with January’s 318,000. If the appraisal comes in low, mortgage banks won’t provide all the funds needed for buyers to complete their purchases. That has.

U.S. New Home Sales Drop To Near Two-year Low New home sales drop to three-month low. NSW had the largest rise in sales of detached new homes in May, up 13.6 per cent, while South Australia rose 2.1 per cent. Queensland had the largest decline in sales, down 12.3 per cent, Western Australia was down 10.7 per cent and Victoria fell 8.5 per cent.

 · Super-low mortgage rates have helped boost rebound in home sales and prices.. Record low on 30-year mortgage was 3.31, hit in November. New-home sales jumped 16% last month from December to.

After two months of declines, US existing-home sales increase in February. by Claire Brennan March 22, 2018. After two consecutive months of decline, existing-home sales around the country rebounded by 3 percent from January, according to the National Association of Realtors. Existing-home sales grew from 5.38 million in January to 5.54 million in February and are currently up 1.1 percent from.

 · Andrew LePage, a CoreLogic analyst, said in a statement, "For the third month in a row, Bay Area home sales were at an 11-year low for that month. However, the year-over-year decline in sales.

Builder Confidence Remains Strong as New Year Starts. The three HMI components registered relatively minor losses in January. The index gauging current sales conditions dropped one point to 79, the component charting sales expectations in the next six months fell a single point to 78, and the index measuring buyer traffic fell four points.

People on the move: Jan. 25 25 Jan. People on the Move 1/25/19. published on January 25, 2019 – 8:00 AM Written by The Business Journal Staff. Share this: health care george skaff, MD, was recently presented with the george tiss memorial Award in recognition of his service to.

New home sales decline in January to three-month low Sales of new U.S. homes in January fell to the weakest pace since October, driven by a decline in the Midwest as still-elevated prices keep.

Forget millennials. Gen-X is controlling the e-closing revolution Source: national mortgage news published on 2019-05-16. forget millennials. gen-X is controlling the e-closing.Thanks to Ciavola and McAllister, there may now be fewer of them. Jon Ralston has been covering nevada politics for more than a quarter-century and also blogs at homebuyers make fewest first-quarter deals since 2009 Homes (includes all condominium, coopera- tive units and 1-3 family dwellings) The average sales price of a home in New York City during the first quarter of 2009 was $660,000, a 23% drop compared to the average price during the first quarter of 2008. The individual borough\’s average home price declines though were not as steep as the city wide number.

 · Economists surveyed by The Wall Street Journal had expected a 1.6% drop for starts and a 2.6% decline for permits in February.