New Home Sales

The Week in Housing: Existing Home Sales, Interest Rates, and New Home Sales

by Ryan Hinricher | June 27, 2011

Interest Rates: Flat For two weeks now, interest rates are flat, according to the most recent survey by Freddie Mac. The 30 year fixed mortgage rate was unchanged at 4.5%. Last year at this time the 30 year fixed mortgage rate averaged 4.69%. The 15 year fixed mortgage rate was up slightly this week to [...]

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Housing

Pending Home Sales, Home Prices, Vacancy Rates, and more: The Week in Housing

by Ryan Hinricher | May 2, 2011

A busy week in the housing market included reports on pending home sales, new home sales, home prices and an update on home ownership and vacancy rates. Enjoy! Pending Home Sales Rise The National Association of Realtors reported a rise in pending home sales for the month of March. Pending home sales rose 5.1% to [...]

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Housing

Existing Home Sales, New Home Sales, Interest Rates, and more: The Week in Housing

by Ryan Hinricher | March 28, 2011

Housing got battered again last week. In this week’s article we discuss Existing Home Sales Report from the Realtors as well New Home Sales from the Census Bureau and our usual coverage of interest rates and mortgage applications. Existing Home Sales Disappoint The National Association of Realtors reported that existing home sales fell to a seasonally [...]

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Housing

Sliding Home Prices, Higher Interest Rates, and Slow Mortgage Activity: The Week in Housing

by Ryan Hinricher | January 31, 2011

This week housing market news was largely bearish with declining home prices being the top story. Also are interest rates closing in on last year’s rates? Mortgage activity is reversing to the negative as well. But a sliver lining in new home sales keeps analysts optimistic. Case-Shiller: Home Prices Continue 2nd Slide Home prices continue [...]

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Housing

Housing Market Summary – Week of August 30th

by Ryan Hinricher | August 30, 2010

A busy week of mostly negative news for the macro housing market offers; a look at NAR’s Existing Home Sales report, numbers on new home sales, interest rates, mortgage applications, and the Mortgage Bankers Associations quarterly report on delinquency and foreclosures. Existing Home Sales: Expected Fall The National Association of Realtors reported that existing home [...]

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Housing

Housing Market Summary

by Ryan Hinricher | June 28, 2010

Last week offered real estate market news that many of us wish we never heard. The overall sentiment being bearish and offering us a glimpse of what a post-tax credit real estate market looks like. In this article you’ll start seeing emerging trends in New Home Sales, Existing Home Sales, Mortgage Purchase Applications, positive news [...]

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Housing

Housing Shortage Looms

by Ryan Hinricher | March 1, 2010

Last week’s new home sales data for January produced a new seasonal adjusted annual rate (SAAR) at a record low of 309,000 units. This is a big drop from December’s 348,000 sales (SAAR). Although builders’ confidence is improving, the numbers have yet to show a turnaround in new construction. While this is accelerating the natural [...]

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Real Estate

New Home Sales Vs. Existing Home Sales: Guess Which Is Winning?

by Charles Feldman | June 25, 2009

Image by Getty Images via Daylife It’s the battle of new home sales vs. existing home sales. Existing home sales are thus far winning. Seems sales of new homes fell last month 0.6 percent, according to the Commerce Department—-that apparently came as a surprise to some “experts” who had predicted the rate of new home [...]

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