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2014 

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On August 20, 2014, National Association of Realtor reported in the monthly housing summary a strong buying season from April to July of 2014. There were 1,979,475 number of homes on the market in July of 2014 higher 4.5% from June of 2014, and increased 2.3% from July of 2013. The median list pr...
08/31/2014

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On August 22, 2014 RealtyTrac.com reported nationwide up-to 31,000 homes flipped within 12 months to an average over $46,000 profit, lower to 21.0% in the 2nd quarter of 2014 from 24.0% in the 1st quarter of 2014, and down from 31.0% in the 2nd quarter of 2013. Home flipping dropped to 4.6% in th...
08/31/2014

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On August 20, 2014, Molly Boesel of Corelogic reported 11.4% of all home sales were distressed sales in June of 2014, lower from 15.8% in June of 2013. REO sales were 7.2% of all home sales, while short sales were 4.2% of sales in June of 2014. Michigan had the most of distressed sales with 27.0%...
08/31/2014

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On August 26, 2014, National Association of Realtor’s published a survey on overall commercial real estate expected to improve in 2014. Commercial office space vacancy rate expected to be 15.7%, and rents growth expected to be 0.6% in the 3rd quarter of 2014; office vacancy rate expected to be 15...
08/31/2014

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On August 19, 2014, Realtytrac.com reported cash home sales were 37.9% of all home sales in the 2nd quarter of 2014 dropped from 42.0% in the 1st quarter of 2014, but higher from 35.7% in the 2nd quarter of 2013. While cash sales to the institutional investors declined to 4.7% in the 2nd quarter ...
08/31/2014

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On August 26, 2014, Zillow.com analysis reported nationwide homeowners negative equity dropped to 17.0% in the 2nd quarter of 2014, from 18.8% in the 1st quarter of 2014; while 34.8% of homeowners with mortgages of 20.0% or less had negative equity in the 2nd quarter of 2014, lower from 36.9% in ...
08/31/2014

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On August 25, 2014, U.S. Department of Housing and Urban Development and the U.S. Census Bureau reported that sales on new construction homes fell 2.4% of 422,000 units in July of 2014 from June of 2014. New built home sales dropped 30.8% in the Northeast, decreased 8.8% in the Midwest, fell 15.2...
08/30/2014

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On August 19, 2014, the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. reported nationwide housing starts increased 15.7% to a rate of 1.093 million units in July of 2014. While, single family housing starts were higher 8.3% to a rate of 656,000 units in July, and mu...
08/30/2014

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On August 21, 2014, National Association of Realtors reported that real estate professionals are modest on the real estate market for the next six months, based on the July 2014 survey. The report indicated there are demands for lower and middle priced homes, but buyers have difficulties obtainin...
08/30/2014

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On August 21, 2014, U.S. Department of Housing and Urban Development (HUD) and U.S. Census Bureau reported that the new residential construction statistics for July 2014. Housing permits increased 8.1% in July 2014 from June 2014, and higher 3.8% from July of 2013. Housing starts were up 15.7% in...
08/30/2014
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