Posts Tagged: US

Is the Housing Market Slowing?

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According to ATTOM Data Solution’s Q2 2018 U.S. Home Sales Report, U.S. single family homes and condos sold for a median price of $255,000 in the second quarter, up 6.3 percent from a year ago to a new all-time high but the slowest annual appreciation since Q2 2016. “Annual home price appreciation nationwide has now… Read more »

Hot US Housing Markets to Watch in 2014

As the housing recovery continues into 2014, some new real estate markets will start getting more attention. Real estate site Trulia has come up with a list of the top 10 housing markets to watch in 2014. Jed Kolko, Trulia’s chief economist, told Business Insider that two main factors were considered when compiling the list…. Read more »

Pace of US Housing Sales Slows in July

Redfin (www.redfin.com), the technology-powered real estate brokerage, today issued its Fastest Markets Report for July 2013. Home-selling speeds fell for the third month in a row as the market continues to rebalance after an extremely competitive spring season. In today’s report, Redfin also ranks 23 markets across the country ordered by the percentage of homes… Read more »

US Home Sales Up in May from April, Previous Year

What a difference a month makes as home sales soared in May following April’s flat performance according to RE/MAX’s National Housing Report (NHR) with home sales increasing by nearly 13 percent from the previous month and home prices posting a solid gain, staying above last year’s prices for the fourth consecutive month, Closed transactions of… Read more »

US Home Prices Down Again in November

Residential property prices in the United States continued to drop towards the end of 2011 with the latest figures from CoreLogic showing that national home prices fell 1.4% in November, the fourth monthly fall in a row. On a year on year basis prices, including distressed sales, fell by 4.3% compared with November 2010, the… Read more »

US Home Prices Up in May for Second Consecutive Month

Hours after the National Association of Realtors announced an 8.2 percent jump in May prices, CoreLogic confirmed its May numbers show a second consecutive month-over-month increase. According to the CoreLogic Home Price Index, national home prices, including distressed sales, increased by 0.8 percent in May 2011 compared to April 2011. On a year-over-year basis, home… Read more »

When Will US Housing Market Bottom Out? Maybe 2013

The housing market is going to take a long time to recovery, and home prices could continue dropping into 2013, experts told reporters and other industry insiders at a recently concluded real estate writers. “Right now we are in a tremendous flux due to this overhang (of homes facing foreclosure),” said Jed Smith, director of… Read more »

How to Pursue a Home Loan Modification

Home owners all across the world wait with baited breath of any news regarding a change in the home loan structure, mortgage loan structure, any reductions accompanying these type of loans etc. The loan modification process introduced by the Obama administration is a benchmark in the history of American real estate market as the mortgage… Read more »

Weakness in US Real Estate Market Likely to Continue Through 2011

The perfect storm of converging crises that rocked US housing is unlikely to abate in 2011, with the albatross of negative equity haunting the market’s future. Foreclosures follow job losses, limiting lending access and erasing the advantage of low interest rates in a seemingly never-ending vicious cycle. See the following article from Money Morning for… Read more »