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.
Read More »Pending Home Sales Slowed By Low Inventories & Rising Prices
NAR Chief Economist Lawrence Yun believes pending home sales have been restrained in the fall season as "buyers struggle to overcome a scant number of available homes for sale and prices that are rising too fast in some markets."
Read More »Existing-Home Sales Fall Short in October
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.
Read More »Stewart Title Announces Strategic Partnership With zipLogix
Stewart Title and zipLogix, a forms software provider and partner to the National Association of REALTORS, announced today that a strategic partnership to offer REALTORS a point of sale for title and escrow services from within zipForm will take place.
Read More »Home Prices Continue to Climb in Across Most Metros in Q3
Increases in existing-home sales and short supplies of inventory pushed home prices up in most metro areas across the nation in the third quarter, the National Association of Realtors found in it latest quarterly report.
Read More »Pending Home Sales Driven Down By Low Inventory Levels
Pending home sales loss more momentum in September 2015 for the second consecutive month due to scarce housing inventory, the National Association of Realtors announced Thursday.
Read More »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.
Read More »Homeownership a ‘Sound Investment’ to Most Americans
Homeownership is on the minds of most Americans and despite rising prices, they still believe that purchasing a home is a good financial decision.
Read More »Pending Home Sales Decline in August, but Remain Healthy
The National Association of Realtors found pending home sales fell in August as contract signings modestly declined, but they still project healthy supply and demand and price growth.
Read More »Pending Home Sales Rise Moderately In July
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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