Atlanta housing market streaks to fifth straight month of record appreciation
Atlanta housing market streaks to fifth straight month of record appreciation
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High demand and an extreme lack of housing supply are driving the sharply rising prices.
High demand and an extreme lack of housing supply are driving the sharply rising prices.
The numbers: U.S. existing-home sales fell 5.4% to a seasonally adjusted annual rate of 5.12 million in June, the National Association of Realtors said Wednesday. Economists polled by the Wall Street Journal were expecting sales to be 5.36 million. This is the weakest level of sales since June 2020, during the COVID-19 lockdown. Outside of the pandemic, the sales number weakest since January 2019. Compared with June 2021, home sales were down 14.2%. This is the fifth straight monthly decline an...
The numbers: U.S. existing-home sales fell 5.4% to a seasonally adjusted annual rate of 5.12 million in June, the National Association of Realtors said Wednesday. Economists polled by the Wall Street Journal were expecting sales to be 5.36 million. This is the weakest level of sales since June 2020, during the COVID-19 lockdown. Outside of the pandemic, the sales number weakest since January 2019. Compared with June 2021, home sales were down 14.2%. This is the fifth straight monthly decline an...
The Baltimore area isn't the only housing market beginning to feel the effects of inflation and higher interest rates — many other areas in the Northeast and Midwest are starting to see a cool off too.
The Baltimore area isn't the only housing market beginning to feel the effects of inflation and higher interest rates — many other areas in the Northeast and Midwest are starting to see a cool off too.
Concerned with the servicing of your reverse mortgage loan? In this article we explain exactly how servicing works throuought the industry.
The post Reverse Mortgage Servicing, Setting the Record Straight. appeared first on All Reverse Mortgage.
Concerned with the servicing of your reverse mortgage loan? In this article we explain exactly how servicing works throuought the industry.
The post Reverse Mortgage Servicing, Setting the Record Straight. appeared first on All Reverse Mortgage.
Sharply higher mortgage rates are causing homebuyers to pull back, and homebuilder sentiment dropped as a result.
Sharply higher mortgage rates are causing homebuyers to pull back, and homebuilder sentiment dropped as a result.
The construction industry continued to rally in March, growing for the fifth month running, and hitting a new monthly high according to the latest figures from the Office of National Statistics. These ONS figure show that monthly construction output increased by 1.7% in volume terms in March, to £14,994m. This is the highest figure, in ...
This story continues at Construction numbers rise for fifth consecutive month, ONS figures show
Or just read more coverage at Mortgage Finance Gazette
The construction industry continued to rally in March, growing for the fifth month running, and hitting a new monthly high according to the latest figures from the Office of National Statistics. These ONS figure show that monthly construction output increased by 1.7% in volume terms in March, to £14,994m. This is the highest figure, in ...
This story continues at Construction numbers rise for fifth consecutive month, ONS figures show
Or just read more coverage at Mortgage Finance Gazette
CNBC's Diana Olick joins 'Squawk on the Street' to report on realtors pending home sales being down for the sixth-straight month.
CNBC's Diana Olick joins 'Squawk on the Street' to report on realtors pending home sales being down for the sixth-straight month.
The numbers: Construction started on new U.S. homes fell a seasonally adjusted 2% in June to 1.56 million, the Commerce Department said Tuesday. The annual rate of total housing starts fell 6.3% from the previous year. Construction on homes is at the lowest level since last September. Economists polled by the Wall Street Journal expected housing starts to rise to a 1.59 million rate from June’s initial estimate of 1.55 million. In May, housing starts were revised from a drop of 14.4% to 1.55 ...
The numbers: Construction started on new U.S. homes fell a seasonally adjusted 2% in June to 1.56 million, the Commerce Department said Tuesday. The annual rate of total housing starts fell 6.3% from the previous year. Construction on homes is at the lowest level since last September. Economists polled by the Wall Street Journal expected housing starts to rise to a 1.59 million rate from June’s initial estimate of 1.55 million. In May, housing starts were revised from a drop of 14.4% to 1.55 ...
Construction
Industry News
NAHB: Builder Confidence Falls For 6th-Straight Month
David Krechevsky
Jun 15, 2022
NAHB/Wells Fargo Housing Market Index fell two points in June to 67, the lowest HMI reading since June 2020.
Builder confidence continued to slide for the sixt...
Construction
Industry News
NAHB: Builder Confidence Falls For 6th-Straight Month
David Krechevsky
Jun 15, 2022
NAHB/Wells Fargo Housing Market Index fell two points in June to 67, the lowest HMI reading since June 2020.
Builder confidence continued to slide for the sixt...