Tag Archives: existing-home sales

How Strong is This Year’s Housing Market?

Posted on May 22, 2019 by Popular Economics Weekly

The Mortgage Corner Econoday.com The NAR reported that Existing-home sales saw a minor decline in April, continuing March’s drop in sales, according to the National Association of Realtors®. Two of the four major U.S. regions saw a slight dip in … Continue reading →

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What is Driving Household Formation and Home Sales?

Posted on February 7, 2019 by Popular Economics Weekly

The Mortgage Corner SF Federal Reserve The growth in household formation, the major determinate of home ownership, is slowly returning to pre-housing bubble levels, according to a 2016 report by the San Francisco Fed’s economic research dept. This is a … Continue reading →

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Why Falling Home Sales?

Posted on January 22, 2019 by Popular Economics Weekly

The Mortgage Corner Econoday.com Total existing-home sales, https://www.nar.realtor/existing-home-completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 6.4 percent from November to a seasonally adjusted rate of 4.99 million in December. Sales are now down 10.3 percent from a … Continue reading →

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Where Goes the Housing Market?

Posted on December 19, 2018 by Popular Economics Weekly

The Mortgage Corner Calculated Risk WASHINGTON (December 19, 2018) – Existing-home sales increased in November, said the National Association of Realtors®, marking two consecutive months of increases. Three of four major U.S. regions saw gains in sales activity last month. … Continue reading →

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Home Sales Rise for the Holidays

Posted on November 21, 2018 by Popular Economics Weekly

The Mortgage Corner Econoday.com Existing-home sales increased in October after six straight months of decreases, according to the National Association of Realtors. Three of four major U.S. regions saw gains in sales activity last month. Lawrence Yun, NAR’s chief economist, … Continue reading →

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Homeowners Preserve Rising Home Equity

Posted on September 20, 2018 by Popular Economics Weekly

The Mortgage Corner Graph: MarketWatch/Black Knight American homeowners have amassed a record $6 trillion in equity in their properties, according to a study by real estate data firm Black Knight, a figure boosted by surging home prices and a trend … Continue reading →

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Housing Sales Are Slowing

Posted on July 25, 2018 by Popular Economics Weekly

The Mortgage Corner Existing-home sales decreased for the third straight month in June, as declines in the South and West exceeded sales gains in the Northeast and Midwest, reports the National Association of Realtors. The ongoing supply and demand imbalance … Continue reading →

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2018 Housing Market To Stay Strong

Posted on February 13, 2018 by Popular Economics Weekly

The Mortgage Corner Total existing-home sales1, https://www.nar.realtor/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.1 percent in 2017 to a 5.51 million sales pace and surpassed 2016 (5.45 million) as the highest since 2006 … Continue reading →

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Existing-Home Inventory Lowest in 18 years

Posted on January 24, 2018 by Popular Economics Weekly

The Mortgage Corner There aren’t enough home to sell. Sales of previously-owned homes tumbled in December as an ongoing inventory crunch became more worrisome with few homes to sell in parts of the country. Existing-home sales were down 3.6 percent … Continue reading →

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Housing Shortage Continues

Posted on November 22, 2017 by Popular Economics Weekly

The Mortgage Corner Existing-home sales increased in October to their strongest pace since earlier this summer, but continual supply shortages led to fewer closings on an annual basis for the second straight month, according to the National Association of Realtors. … Continue reading →

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