Tags » Housing Market

Strong Home Sales Mean What?

The Mortgage Corner

It looks like home sales are are defying expectations of an economic slowdown, as both existing and pending home sales are rising. Pending sales measure contracts scheduled to close in 30-60 days, which is a sign that home sales should continue to rise for the rest of this year. 663 more words

Economy

RE/MAX National Housing Report for August 2019

Year-Over-Year Home Sales Slip 1.6% After Largest Inventory Decline in 13 Months

August 2019 existing home sales slipped 1.6% from a year ago, despite buyer demand exceeding available housing supply, according to the RE/MAX National Housing Report. 121 more words

Housing Market

Washington State NWMLS Market Snapshot for August 2019

Depleted inventory continues to frustrate would-be buyers in Western Washington. Many of these potential homeowners are expanding their search beyond the major job centers in King County, according to market watchers who commented on the latest statistics from Northwest Multiple Listing Service. 295 more words

Housing Market

Trudeau promises to tax foreign speculation in housing market nationwide if reelected

OTTAWA — Canada’s ruling Liberals will introduce a 1 per cent tax on non-resident non-Canadians to help prevent foreign speculation from driving up housing prices, Prime Minister Justin Trudeau said on Thursday on the second day of an election campaign. 221 more words

Business Videos

Rebuilding beachfront McMansions

A journalist argues the construction and reconstruction of large homes near Atlantic beaches is a losing proposition in the long run:

Through federally funded flood insurance, huge appropriations for beach nourishment projects, and generous, well-intended relief aid, government policy allows developers and wealthy investors to build huge houses and hotels on beachfronts and low-lying barrier islands at high risk from coastal flooding as well as hurricanes.

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Sociology

This Week in Real Estate

photo credit: housingwire.com

September 10th, 2019

Mortgage Rates May Tumble to Record 3.3% by 2019’s End. Fixed mortgage rates could fall to 3.3% by the end of the year as the nation’s economy slows, according to Lawrence Yun, chief economist of the National Association of Realtors. 561 more words

Real Estate

Susie Knows Waverly Estate

Just Listed! Stroll down wandering paths through French gardens to this modern farmhouse that feels like a European countryside villa. 211 more words