ARCHIVED BLOG POSTS
2016
2
Comments
On August 31, 2016, National Association of Realtors® (NAR) reported that nationwide pending contract signed home sales were higher 1.3% to an index of 111.3 in July of 2016 from an index of 109.9 in June of 2016, and up 1.4% to an index of 109.8 from July of 2015.Pending home sales index in the ...
08/31/2016
On August 25, 2016, the National Association of Home Builders (NAHB) reported on the Multifamily Production Index (MPI) declined three points to 50 points in the 2nd quarter of 2016, from the 1st quarter of 2016.The MPI component low-rent units lost two points to 52 points, the market rate rental...
08/31/2016
On August 16, 2016, California Association of Realtors (C.A.R) reported that homes values gained 1.2% to an avarage price of $248,210 in July of 2016 from $245,220 in June 2016, and increased 7.8% price of $230,180 from July of 2015. While, homes sales dropped 4.7% in July of 2016, from June of 2...
08/30/2016
0
Comments
On August 25, 2016, The Federal Housing Finance Agency (FHFA) announced Fannie Mae and Freddie Mac will offer a new refinance program for borrowers with high loan-to-value ratios.To qualify for the new offering, borrowers: (1) must not have missed any mortgage payments in the previous six months;...
08/30/2016
2
Comments
National Association of Realtors® (NAR) reported on median home value price was $244,100 in July of 2016 higher 5.3% from the price of $231,800 in July of 2015.Single family home sales were higher 2.0% to annual rate of 4.82 million unit in July of 2016 from the annual rate of 4.92 million sales ...
08/29/2016
2
Comments
On August 23, 2016, California Association of Realtors (C.A.R) reported that pending home sales Index (PHSI) gained 3.0% to 122.5 in July of 2016 from 119.0 index in June of 2016, and rose 3.5% from Index of 118.4 in July of 2015 on an annual basis based on signed contracts.Regionally, in the Bay...
08/29/2016
4
Comments
On August 24, 2016, The Federal Housing Finance Agency (FHFA) announced that the U.S. house price were higher 1.2% in the 2nd quarter of 2016 from 1st quarter of 2016, and gained 5.6% from 2nd Quarter of 2015 based on home sales values obtained from mortgages sold to or guaranteed by FNMA and Fre...
08/27/2016
6
Comments
On August 24, 2016, National Association of Realtors (NAR) reported that regional existing home sales in the Northeast fell 13.2% in July of 2016 to an annual rate 660,000 homes from June of 2016, and declined 5.7% from July of 2015. The median price in the Northeast was $284,000 in July of 2016,...
08/26/2016
On August 16, 2016, California Association of Realtors (C.A.R) reported that homes values almost the same 0% to an avarage price of $359,900 in July of 2016 from $360,000 in June 2016, but increased 7.4% price of $335,000 from July of 2015. While, homes sales fell 11.3% in July of 2016, from June...
08/25/2016
On August 16, 2016, California Association of Realtors (C.A.R) reported that homes values gained 2.3% to an avarage price of $513,700 in July of 2016 from $502,190 in June 2016, and increased 4.8% price of $490,360 from July of 2015. While, homes sales fell 17.7% in July of 2016, from June of 201...
08/25/2016
