Tag Archives: existing-home prices

Existing-Home Sales Highest in Year

Posted on October 21, 2014 by Popular Economics Weekly

The Mortgage Corner The National Association of Realtors reports total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 2.4 percent to a seasonally adjusted annual rate of 5.17 million in September from 5.05 … Continue reading →

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Leading Indicators, Housing, Show More Growth Ahead

Posted on August 24, 2014 by Popular Economics Weekly

Financial FAQs It looks like the US economy is kicking into high gear from its winter slump, as the Conference Board’s just released July Index of Leading Indicators (LEI) jumped 0.9 percent, the highest it’s been this year. It is … Continue reading →

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Pending Home Sales Remain Strong

Posted on July 29, 2014 by Popular Economics Weekly

The Mortgage Corner The Pending Home Sales Index, a forward-looking indicator based on contract signings, declined 1.1 percent to 102.7 in June from 103.8 in May, and is 7.3 percent below June 2013 (110.8), reports the National Association of Realtors. … Continue reading →

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Existing-Home Sales On Rise Again

Posted on July 23, 2014 by Popular Economics Weekly

The Mortgage Corner The NAR just reported total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, climbed 2.6 percent to a seasonally adjusted annual rate of 5.04 million in June from an upwardly-revised 4.91 … Continue reading →

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Will Housing Now Lead the Recovery?

Posted on June 24, 2014 by Popular Economics Weekly

The Mortgage Corner There is still hope that housing may help this economic recovery, as it has in past recoveries. But that is only if Fed Chairman Janet Yellen succeeds in keeping interest rates—mortgage rates in particular—at their current low, … Continue reading →

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Home Sizes Ballooning Again

Posted on June 6, 2014 by Popular Economics Weekly

The Mortgage Corner Housing sizes are ballooning, after a slight pause due to the Great Recession, reports the U.S. Census Bureau and Marketwatch. In 2013 the median floor area of new single-family homes sold in the U.S. rose 4 percent … Continue reading →

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Where Is Housing Affordable Anymore?

Posted on May 23, 2014 by Popular Economics Weekly

Financial FAQs How much salary do you need in order to afford the principal and interest payments on a median-priced home in your metro area? To find out, HSH.com, a mortgage data service, took the National Association of Realtors’ first-quarter … Continue reading →

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Existing-Home Sales Slow in January

Posted on February 25, 2014 by Popular Economics Weekly

The Mortgage Corner Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, dropped 5.1 percent to a seasonally adjusted annual rate of 4.62 million in January from 4.87 million in December, and are 5.1 … Continue reading →

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Housing Inventories, Price Rises Slowing

Posted on January 7, 2014 by Popular Economics Weekly

The Mortgage Corner The most important housing statistic in 2014 will be whether inventories continue to increase. Low inventories are hurting sales, and Goleta, California is helping local supplies with several new housing projects in the works. This is because … Continue reading →

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New-Home Sales Soaring

Posted on December 4, 2013 by Popular Economics Weekly

The Mortgage Corner There aren’t enough new homes being built, apparently, as new U.S. homes sold at an annual rate of 444,000 in October, up 25.4 percent from 354,000 in September, the U.S. Census Bureau said Wednesday. And the inventory … Continue reading →

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