Pace of new-home sales suggests steady housing strength

Also noteworthy is that the increase in new home sales is coming at a time when new home supplies are slipping. At the end of July 2012, there were just 142,000 new homes for sale nationwide. This is the smallest new home housing stock in at least 7 years, and a signal that buyers are buying homes faster than builders can build them.

People on the move: Oct. 19 People on the Move: Oct. 19-25 – VEGAS INC – Nikki Ganger is a concierge at SLS Las Vegas. Clyde Smith, formerly a shuttle bus driver for a Marriott, has been promoted to the hotel’s front desk. ganger and Smith are recent graduates of the International School of Hospitality. Dr. Jason Jaeger and Dr. Bobby Moore, along with Dr. Lyle.How risk-sharing deals are renewing the Fannie Mae, Freddie Mac rivalry Fannie Mae can be reached at 800-232-6643 or Fannie Mae’s website. Freddie Mac can be reached at 800-373-3343 or Freddie Mac’s website. If your mortgage is not owned or guaranteed by Fannie Mae or Freddie Mac, you should contact the lender’s or servicer’s primary regulator. To identify the primary regulator, see Help With My Bank .

It’s a statistic that suggests housing market weakness. However, in looking at a different component of the New Home Sales report – the supply of homes for sale – we’re forced to reconsider. At the current pace of sales, every new home for sale nationwide would be "sold" in a matter of 6.1 months.

Walter’s bankruptcy won’t affect Ditech’s servicing ability Mortgage interest rates push higher on market volatility  · figure 2. inflation rates and 10-year treasury rates over the past century. Plot by author. I am aware of a couple of exceptions to the trend that the bond market only reacts after inflation. In.Mortgage banks must do more than just stick to their knitting now If you’re moving home you face the dilemma of whether to take your existing mortgage with you or get a brand new deal – but the choice may not always be yours. This guide explains the process of porting a mortgage, whether you’re likely to be able to do it and if it’s the right option for you.Ditech Holding Probability Of Bankruptcy Analysis For stocks, Probability Of Bankruptcy is normalized value of Z-Score. For funds and ETFs it is derived from a multi-factor model developed by Macroaxis. The score is used to predict probability of a firm or a fund experiencing financial distress within next 24 months.FHFA launches resources for lenders serving Spanish-speaking borrowers  · ”This online resource will educate, engage and better assist lep borrowers when shopping for a mortgage.” About FHFA The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and.People on the move: Sept. 28 People on the move: June 15 personnel file- people on the move, june 11, 2019. by nsf staff . kim rivers, barry gordon, david kotler, michelle weiner, zachary kobrin, dan russell, david corn, cameron vance, sally kent peebles, jacel delgadillo, eric stevens, mike smuts, ron watson, antoinette duncan, peter barsoom, paul messer, karen seeb goldstein and5 days ago · Approximately 675 people attended the fundraising breakfast. A total of $3,332 was raised at the door and Tachi Palace Hotel & Casino and the Santa Rosa Rancheria Tribe matched the amount bringing the grand total of the donation to $6,664.Pending home sales declined to four-year low in October WASHINGTON (Alliance News) – Pending home sales in the US unexpectedly showed a substantial decrease in the month of October, according to a report. economist lawrence Yun noted a similar period of.

March New Home Sales: Is March’s Strong Sales Pace Sustainable? New home sales rose to an annual rate of 621,000 units in March from February’s revised sales rate of 587,000 units. Months supply of inventory stands at 5.2 months; the median new home sale price rose by 1.2 percent on a year-over-year basis.

As a result, monthly home sales will struggle to gain traction in the near term following two years of little to no transactional growth. Despite tight inventory: levels, overall home prices are accelerating at a subdued pace as buyers remain on the sidelines by not providing offers on marketed homes. Housing needs are then directed to apartments.

The sales. of Housing and Urban Development on Sep 25 showed that new home sales increased 18% to a seasonally adjusted annual rate of 504,000 units in August from a revised July number of 427,000..

The pace of single-family construction and new home sales in early November has been similar to October. Most District builders report that construction has been flat to slightly down compared with a year ago, while new home sales have declined somewhat from last year’s record highs.

WASHINGTON – U.S. sales of new homes rose in March to a seasonally adjusted annual rate of 417,000. The increase added to evidence of a sustained housing recovery at the start of the spring.

We conclude by recommending the homebuilders best placed to benefit from this strength. new home permit and construction data, helps to magnify the slow, but steady, recovery in home sales activity.