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Archive | Existing Home Sales RSS feed for this section

Existing Home Supply Down 40% In Last 6 Months

February 24, 2011

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Home resales rose another 2.7 percent last month, according to the National Association of REALTORS® monthly Existing Home Sales report.

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Home Supplies Plummet, Putting Pressure On Prices To Rise

January 21, 2011

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According to the National Association of REALTORS®, seasonally-adjusted, annualized Existing Home Sales figures climbed by more than a half-million units in December as compared to November. It’s the 3rd straight month of home resale improvement nationwide.

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Home Inventory Dwindles Into The New Year

December 23, 2010

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Existing Home Sales jumped another 6 percent in November, the report’s third month of improvement since bottoming in July.

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October Existing Home Sales : Buyers And Sellers In Balance

November 24, 2010

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It’s encouraging that first-time and investment property buyers were both outnumbered by “move-up” buyers in October; buyers that have sold their respective homes in favor of larger ones.

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Existing Home Sales Jump; Housing Market Shows Spark

October 26, 2010

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“Deals” were in ample supply this summer and eager home buyers snatched them up.

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Existing Home Sales Rebound In August, Give Hope For Autumn

September 24, 2010

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Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.

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Existing Home Sales Plummet In July; Home Buyers Gain Leverage

August 25, 2010

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The number of home resales plunged by 1.4 million units in July. Home buyers may uncover opportunities for a deal.

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Existing Home Sales Drop In June But Hint At Support For Higher Price Tiers

July 23, 2010

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Consistent with most post-home buyer tax credit housing news, Existing Home Sales eased lower last month. The 5 percent drop in sales was expected, but a closer look at the month’s data reveals some interesting trends.

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May 2010 Existing Home Sales Is Better Than The Headline Data Suggests

June 23, 2010

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The press is calling the May 2010 drop in Existing Home Sales “unexpected” and disappointing, but a deeper look at the data shows the news isn’t as bad as it first appears.

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Home Supplies Tick Higher, Creating An Opening For Today’s Home Buyers

May 25, 2010

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According to the National Association of Realtors®, although the number of homes sold ticked higher in April, so did the supply of existing homes for sale, too. Sellers are now listing homes faster than buyers can buy them.

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Chris Brown
Chris Brown is the premier expert on HARP loans and Government FHA and VA loans. Please visit The Mortgage Chili Blog