Despite the uptick, November’s new-home sales data remains 21.2% below year-earlier levels. The median sales price of new homes sold last month was $213,000 while the average sales price was $268,700.

PHH Home Loans promotes Kevin McGarrity to Northeastern regional executive Trulia: American homebuyers prefer new homes 2 to 1 Delays push foreclosures to 40-month low in April A slump in builder shares since late April has exceeded the retreat in the broader market on concern the damage from the end of government stimulus, mounting foreclosures and unemployment..Trulia: Is housing shifting to a homebuyer’s market? Takes longer and longer to sell properties brena swanson august 26, 2015 12:33pm 1 comment californiahottest housing marketshousingtrulia emailprintreprints share on facebookShare on twitterShare on linkedin More AAA Related articles trulia: repeat homebuyers to dominate 2014 market Trulia: 10 most out-of-touch housing markets Trulia.Ellie Mae: Encompass Lending Platform enhances mortgage automation ellie mae’s Encompass Lending Platform and Connect solutions give lenders the ability to design custom solutions fast, building on the Encompass capabilities they already have. The platform.Mount Laurel, NJ – October 27, 2015 – PHH Home Loans, a joint venture between PHH Mortgage and Realogy Holdings Corp., announced that Kevin McGarrity has been appointed Regional Executive for the Northeastern Region of PHH Home Loans based out of Mount Laurel, New Jersey. In this role Kevin will be.

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The values for Properties for Sale and Shadow Inventory are presented in both text and graphical. MONTH S SUPPLY OF INVENTORY: The number of months it would take to sell all. 46 5.4 17.7% $643,417 $655,000 $496 3984 4891 18,151 39 4.6 26.9% $655,115 $650,000

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S&P Estimates 46 Months to Clear Out Distressed Properties and Bank’s Shadow Inventory. If you have wanted to buy a home.. The Time Is Now!

FHA to increase mortgage insurance premiums one quarter of one point The FHA also expects to replenish its reserves through an increase in mortgage insurance premiums of one quarter of one percentage point for loans that exceed $625,500. The increase would be in addition to the 0.1 percentage point increase required by Congress last year, the Journal reported. improves foreclosure outcomes for lenders and servicers  · Likewise, foreclosure prevention counseling helps homeowners facing delinquency or default employ strategies, including expense reduction, negotiation with lenders and loan servicers, and loss mitigation, to avoid foreclosure. There are many ways to find a.

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Flood of foreclosures: It’s worse than you think Banks are moving slowly to list repossessed homes for sale, which could mean that housing inventory is even more bloated than current statistics.