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The weak report from the National Association of Realtors. December, up from 42 days in November and 40 days a year ago. Thirty-nine percent of homes sold in December were on the market for less.
The percentage of first-time buyers increased from 29% in January to 32%, and equal to the percentage in February 2018.. up 2.5% from a year ago.. National Association of Realtors, Research.
U.S. Existing Home Sales Fall to Slowest Pace Since Late 2015 The median sales price rises 2.8% from a year ago, the smallest increase since February 2012.
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Senators bargain on HARP expansion ‘Underwater Mortgage’ Refis Get Fresh Push in Congress. "We believe there is talk of including a Qualified Mortgage safe harbor in the boxer-menendez harp expansion bill in order to pick up.
In the housing market, home sales are a leading indicator as to where prices will head. The priciest county in Southern California is Orange County and it has now faced the worst start of a year since the Great Recession ended. Sales are low. Extremely low. We have more people in the county.
The Fate Of Real Estate – All the way back in March 2017, the National Association of Realtors. foot traffic from a year ago, but low supply in the affordable price range continues to be the pest that’s pushing up price.
First-time buyers accounted for 29% of sales, a decline from 32% in the prior month, a sign of affordability challenges. "The decline in sales was relatively modest, especially considering it’s January," George Ratiu, NAR’s director of housing and commercial research, said at a briefing in Washington.
After falling for three straight months, existing home sales reversed course in September, posting an increase, according to the latest report from the National Association of Realtors. Total.
up from 34% in the last quarter of 2018 but down from 38% one year ago. Only 35% of respondents said that now is not a good time to buy a home, compared to 37% in 2018’s fourth quarter. NAR’s first.
The inventory of homes for sale increased 3.2% to 1.63 million, as compared to a year ago. Homes remained on the market an average of 44 days, up from 37 days a year ago.