Tag Archives: Home Sales

Strong demand and thin inventory across housing markets is causing increased competition among buyers and homes to sell for the asking price or more.

The government-sponsored enterprise expects 2016 to bring a ‘Jekyll and Hyde’ mentality to housing, despite the expected, negative influence of rising interest rates throughout the year.

As the winter season presses on, the housing market is experiencing a seasonal slowdown in activity among home sales, prices, and inventory.

It’s a shortened market week for the Christmas holiday, but there are still a number of key metrics to look for this week.

The year 2016 is expected to usher in the creation of 1.25 million new households, higher rental demand, increased home sales, and a rise in home purchase loan originations even as refinancing volume plummets, CoreLogic’s Chief Economist predicted Monday.

Home sales in October settled down from the booming summer season, dropping 7.7 percent from September, and 0.8 percent year-over-year, RE/MAX's October 2015 National Housing Report showed.

Home sales in the fall season have cooled down 8.6 percent in September compared to August, but remain 6.8 percent above last years' levels.

A recent Corelogic report found that foreign buyers are pulling back from the U.S. housing market, but this trend doesn't seem to be influencing Texas markets, where international homebuying activity is gaining momentum.

Real GDP growth in Q2 is way up from a paltry 0.6 percent annual growth rate in Q1 and at 3.7 percent is now way ahead of forecasts for the remainder of 2015. But when all economic factors are considered, is the news all good?

Economic growth in the second quarter fell short of July expectations, presenting a less promising outlook for the rest of the year, according to Fannie Mae’s August 2015 Economic and Housing Outlook.