FHA Interest Rates
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"New Home Sales"
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 →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 →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 →After posting a strong September, the number of newly-built homes sold nationwide slipped in October.
Continue Reading →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 →The August New Home Sales was weaker-than-expected, but both Wall Street investors and Main Street economists are shrugging it off. The numbers were foreshadowed by weakening housing figures from earlier this summer.
Continue Reading →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 →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 →New Home Sales dropped last month by 11% and hit the lowest levels in the 47 years that the index has been tracked.
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