Tags » Housing Prices

Home Sales Hit 2014 Highs As “Seller’s Market” Continues

CURRENT MORTGAGE RATES BOOST HOME SALES

With current mortgage rates the lowest they’ve been since mid-last year, U.S. home sales are thriving.

In September, despite a limited number of home for sale nationwide, sales of existing homes topped five million units on a seasonally-adjusted, annualized basis, marking the fourth consecutive month sales totaled more than one-half million units on an annualized basis. 766 more words

Bloated debt loads, high home prices risks to Canada’s economy

The latest monthly retail sales figures, or total amount Canadians spend on shopping, will be released on Wednesday. The data is likely to show consumers taking a breather on spending activity, according to experts. 460 more words

Money

Fannie/Freddie, Home Prices in Good Shape

The Mortgage Corner

Government-sponsored enterprises Fannie Mae and Freddie Mac brought in a combined second-quarter net income of $5 billion, nearly half of the $9.3 billion the two made in the first quarter of 2014, the Federal Housing Finance Agency’s Quarterly… 447 more words

Weekly Financial News

10/3/14 - AmCan Market Update

Preliminary sold numbers show a slight retreat year-over-year, but overall the American Canyon housing market is relatively strong and stable, particularly for those 1st time home buyers.   260 more words

Real Estate

Pending-Home Sales Decline Slightly

The Mortgage Corner

The Pending Home Sales Index, a forward-looking indicator based on contract signings, fell 1.0 percent to 104.7 in August from 105.8 in July, and is now 2.2 percent below August 2013 (107.1). 603 more words

Weekly Financial News

Jumbo Borrowers get a "Jumbo" Break

Buried in the news cycle last week was a piece on CNNMoney titled, “For rich people, mortgages are getting cheaper and easier.” Our very own Pacific Union blog picked it up today and I thought that I’d add my own 2 cents (give or take a half pence). 333 more words

Real Estate