· GRAND RAPIDS, MI – Home sales continued to climb in September despite a persistent shortage of homes coming onto the market, according to the latest monthly report by the Grand Rapids.
Home sales continue to climb . Ed Russo @edwardrusso Friday. "There were a lot of closings and a lot of pending sales," he said.. Harrison said he expects real estate sales to slow in.
Obama administration extends making home affordable Program until 2015 Federal Program for Distressed Homeowners Is Extended. The Making Home Affordable program and its related initiatives, set to expire at the end of this year, will continue through 2015. For homeowners having trouble paying the mortgage, less is often more when it comes to telling lenders why.
*The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction has not closed, though the sale usually is finalized within one or two months of signing.
Pending home sales continue to decelerate in February.. He also anticipates that the median price for an existing home will climb 2.7 percent from the previous year. He expects that both.
· Pending home sales rose 3.5% in February to a rate of 109.1, up from the downwardly revised rate of 105.4 in January, the National Association.
Gateway First Bank appoints head of community reinvestment, fair lending In battered secondary mortgage market, Some Encouraging Trends May Be Emerging One area in which the UK has a more market-oriented economy than the US is housing. This may. some 40 per cent in the US. The ratio of median earnings to median house prices has fallen only 7 per.Gateway First Bank, formerly known as Gateway Mortgage, has appointed Bruce Schultz as its vice president and community reinvestment act (cra) officer.Freddie Mac: Mortgage rates barely waver, move lower Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans was unchanged from last week at an average 4.19 percent. That was still sharply higher than a 30-year rate that averaged 3.65 percent for all of 2016, the lowest level recorded from records going back to 1971. A year ago, the benchmark rate stood at 3.72 percent.
· With low mortgage rates, it’s believed sales will once again grow. 60,000 more homes were on the market. Housing Sales slumped 8.5% from one year ago, the lowest sales since 2015. Prices still rose another 2.8% to a median of $247,500 nationwide.
“Pending home sales underperformed once again in May, declining for the second-straight month and coming in at the second lowest level over the past year,” Lawrence Yun, NAR’s chief economist said..
East Valley Real Estate Market Report – East Valley Properties for sale with. Sales prices continue to rise, despite the large number of list price cuts. Now January 1 is always a low point for listings under contract (pending + UCB + CCBS).
RealtyTrac: 2Q foreclosure activity rises as some states see reboot Bank repos hit a record high nationwide – The Real Deal – nationwide foreclosure activity may be en route to a slowdown, according to. have declined 9 percent from March and 2 percent from April 2009.. 2013 before we see any kind of market balance returned," nationwide Blomquist said.. In last month’s RealtyTrac report those states also.
Pending home sales climbed in all four major regions in June, but still fell short of last year’s gains, according to the latest report from the National Association of Realtors. The Pending Home. The Pending Home Sales Index decreased 1.8% in August, and is now down 2.3% year over year.
Massachusetts Pending Homes Sales Up in December and Year-End Pending. the month of December and continued to come out and make offers on homes.. homes and condominiums saw over a four percent hike to $397,000 and a one.