That marks a 10-year low and a 53 per cent decline from last. increased by 350 units in January from December to 11,750 – a three- to four-month supply based on the pace of sales in the last year..
“Low existing inventory likely pushes prospective buyers away from existing homes towards new homes, and as new home sales. thinks the decline in median prices is due to more sales of homes in the.
Housing: Home Sales Face Plant Out of the Starting Gate The home sales market’s poor start to 2018 continued with data released this week. New home sales fell sharply for the second consecutive month after jumping to a decade-high in November. Sales are now at their lowest level since August of last year.
First, use rolling 12-month periods While the calendar year is best because homebuilding and new home sales are at their low points in winter. concerns (stock market decline), 2019 could benefit..
Despite this monthly decline, new home sales rose 8.3 percent overall in 2017 to 608,000 units. "The number of consumers planning to buy a new home in the near future is trending upward," said NAHB Chairman Randy Noel, a custom home builder from LaPlace, La. "Inventory remains low, but its growth in 2017 is an encouraging sign.
U.S. New-Home Sales Decline in January to Three-Month Low Purchases of new homes drop in three of four U.S. regions, led by the biggest decline in the Midwest since 2012.
SunTrust, BB&T could become CRE lending powerhouse in the Southeast CoreLogic appoints COO Frank Martell as president and ceo frank martell has been named president and CEO of CoreLogic, succeeding Anand Nallathambi, the company’s former president and CEO, who passed away on march 2. martell has also been appointed to the board of directors with immediate effect, the software, data and analytics firm says in a release.A password will be e-mailed to you. Sharp Credit – Finance News, Credit Help, Cryptocurrency exchangeBayview purchasing Pingora loan servicing platform Bayview, initially founded in 1993, is a mortgage investment firm focused on investments in mortgage credit, including whole loans, mortgage and asset-backed securities, servicing rights, and mortgage-related equities. Bayview is headquartered in Coral Gables, Florida with approximately 2,100 employees across asset management and loan servicing operations.Midwest Top Producers see first-time home buyers as key to success Arch’s capital cushion grew even after increased delinquencies My Credit Union | Hometown Credit Union – In dollars, that’s a capital cushion of billion. nation-wide, credit union mortgage delinquencies at the end of the first quarter of 2008 stood at only 0.7%. First mortgage charge-offs were a miniscule 0.06%. Across the board, credit union loan delinquencies are at a very low 1.0%.