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Tag Archives: National Association of Realtors

Existing-Home Sales Feel TRID’s Wrath

One of the major drivers of November’s dropoff in the pace of existing-home sales is likely the implementation of the “Know Before You Owe” mortgage rule, commonly known as the TILA-RESPA Integrated Disclosure rule, which went into effect on October 3.

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Existing-Home Sales Fall Short in October

Appraisal Automation

Existing-home sales in October, although still healthy, fell from September’s spike, as home supply remains low, consumers have fewer options to choose from, and affordability issues persist in some markets.

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Existing-Home Sales Pick Up in September

Existing-home sales have reversed the downward trend in recorded in August due to stock market declines, rising 4.7 percent to a seasonally adjusted annual rates of 5.55 million in September, the highest pace since February 2007. The National Association of Realtors reported Thursday that September's rebound in existing–home sales marks a year–over–year increase for 12 consecutive months and all four major regions experienced gains.

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Pending Home Sales Rise Moderately In July

price

Pending home sales increased slightly in July for the sixth time in seven months, according to the National Association of Realtors. The Pending Home Sales Index increased 0.5 percent to 110.9 in July from an upwardly revised 110.4 in June.

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