Warning: Creating default object from empty value in /home/mortgage/public_html/wp-content/themes/freshnews/functions/admin-hooks.php on line 160

*These fields are required.

Powered by Salesforce CRM
Get in touch: 321.300.LOAN
5626

Archive | New Home Sales RSS feed for this section

New Home Sales Crater In January, Opening The Door For Deals With Builders

February 25, 2011

0 Comments

In its monthly New Home Sales release, the U.S. Department of Commerce showed a 13 percent drop-off in annualized new construction sales between the months of December and January. It’s the biggest one-month drop in New Home Sales since May 2010.

Continue reading...

New Home Sales Reach 8-Month High

January 28, 2011

0 Comments

The 2010 housing market finished on a tear, and that momentum is carrying forward into 2011. Expect the spring season to show strongly, and for home prices to be on the rise.

Continue reading...

New Home Sales Rise In November; Hint At Strong Winter 2011

December 28, 2010

0 Comments

Like most housing data from November, the most recent New Home Sales report showed sales volume increasing last month, and home supplies falling.

Continue reading...

New Home Sales Slip In October

November 30, 2010

0 Comments

After posting a strong September, the number of newly-built homes sold nationwide slipped in October.

Continue reading...

New Home Housing Stock Drops To A 5-Month Low

October 28, 2010

0 Comments

After improving 1 percent in August, New Home Sales popped another 7 percent in September. It’s no wonder homebuilder confidence is at a 5-month high.

Continue reading...

New Home Sales Drop In July — Just Like Existing Home Sales

August 26, 2010

0 Comments

Although new home inventory actually dropped 2,000 units in July, the slowing sales pace still managed to push the national supply higher by 1.1 months. At July’s rate of sales, the nation’s new home inventory would be exhausted in just about 9 months.

Continue reading...

New Homes Sales Gain in June, But Gains Are Relative

July 27, 2010

0 Comments

June’s New Home Sales data is a major improvement over May, but gains are relative. It’s possible that the true “new home market” may be softer than the statistics suggest.

Continue reading...

Buyers Take The May 2010 New Home Sales Data All The Way To The Bank

June 25, 2010

0 Comments

The press is referring to the May New Home Sales report as “poor”. A closer look, however, shows that may not be the case.

Continue reading...

The Supply Of New Homes For Sale Just Dropped Off A Cliff

May 28, 2010

0 Comments

At the current sales pace, the nation’s complete supply of new homes would be sold in just 5 month’s time. That’s more than double the pace of a year ago.

Continue reading...

New Homes Sales Were Strong in March, But Not As Strong As The News Would Have You Believe

April 27, 2010

0 Comments

The sales of newly-built homes soared in March. Even more than what was expected. But the news may not be as glowing as what the media is telling us.

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