housing market

WASHINGTON | US new-home sales plunged 8.9 percent in October

WASHINGTON — Sales of new U.S. homes plummeted 8.9 percent in October, as the number of newly built, unsold homes sitting on the market climbed to its highest level since 2009. The Commerce Department said Wednesday that new homes sold at a seasonally adjusted annual rate of 544,000 last month. New-home sales have declined in … Continue reading WASHINGTON | US new-home sales plunged 8.9 percent in October

WASHINGTON | US home prices rise more slowly amid weaker sales

WASHINGTON— U.S. home prices increased more slowly in September from a year ago as higher mortgage rates weighed on sales. The S&P CoreLogic Case-Shiller 20-city home price index rose 5.1 percent from a year earlier. That’s down from a 5.5 percent yearly gain in the previous month. It was the sixth straight month that home … Continue reading WASHINGTON | US home prices rise more slowly amid weaker sales

Single Family Rental Homes Challenges Housing Market; Opines TenantScreeningUSA.com

WALTHAM, MASS./ AUGUST 22, 2018 (STL.News) The single family rental market is just as tight as apartment rentals, and there may be direct correlation to the foreclosure crisis, according to a recent Georgia State University Study. Adam Almeida, President and CEO of TenantScreeningUSA.com states: “The implications of the rental housing crisis are clear and as … Continue reading Single Family Rental Homes Challenges Housing Market; Opines TenantScreeningUSA.com

Master Today’s Fast-Paced Market — Start by Getting a Handle on Finances and Housing Needs, Urge RE/MAX Brokers

CHICAGO/ July 13, 2018 (STL.News) — In the 2018 housing market, especially in more affordable precincts, strong demand and a shortage of homes for sale often result in multiple buyers competing for the same property. “Chicago-area homes are selling as quickly as they were in 2005 at the height of the housing boom,” said Jeff … Continue reading Master Today’s Fast-Paced Market — Start by Getting a Handle on Finances and Housing Needs, Urge RE/MAX Brokers

Builder optimism fades with potential trade war looming

NEW YORK/June 18, 2018 (AP)(STLRealEstate.News) — The threat of a trade war with Canada has taken a toll on the confidence of U.S. homebuilders, according to index released Monday. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday fell two points to 68 in June. A reading of 70 in May temporarily … Continue reading Builder optimism fades with potential trade war looming

This Week: Oracle results; May home sales; Philly Fed survey

June 18, 2018 (AP)(STLRealEstate.News) — A look at some of the key business events and economic indicators upcoming this week: SEEKING OUT THE ORACLE Silicon Valley software giant Oracle will report its fourth-quarter results on Tuesday. Oracle makes database-intensive software platforms for large companies, and is the second-largest software developer in the world behind Microsoft. … Continue reading This Week: Oracle results; May home sales; Philly Fed survey

National Association of Realtors® Infographic: Housing Market Movers – Baby Boomers

WASHINGTON/ June 14, 2018 (STLRealEstate.News) — In recent years, baby boomers have been active in the housing market, coming in at a close second to millennials as the largest generation of home buyers, while home prices have remained high and inventory conditions tightened. The National Association of Realtors®’ 2018 Profile of Home Buyer and Seller … Continue reading National Association of Realtors® Infographic: Housing Market Movers – Baby Boomers

U.S. Home Equity Lines Of Credit Increase 14 Percent In Q1 2018

IRVINE, Calif.,/June 14, 2018 (STLRealEstate.News) — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q1 2018 U.S. Residential Property Loan Origination Report, which shows that more than 1.8 million (1,813,691) loans secured by residential property (1 to 4 units) were originated in Q1 2018, down 5 percent from the previous … Continue reading U.S. Home Equity Lines Of Credit Increase 14 Percent In Q1 2018