Sales down, prices up in RE/MAX February housing report

largest drop in sales from last year. February home sales slowed in February, while prices increased by double digits over last year. The RE/MAX National Housing Report, a survey of MLS data in 52 metropolitan areas, found the February results to be nearly identical to January. Just like January, the median home price rose 11.6%

Resale home sales finished 2007 at about 520,000 units, a 7.6 per cent increase over 2006, says Canada Mortgage and Housing Corp. (CMHC). In 2008 the level of MLS sales is expected to fall by 3.9 per cent to 499,650 units, while 2009 will see an additional decrease to 488,300.

The MLS® Home Price Index (HPI) climbed 0.3% m-o-m in June but was down. in February 2019, activity remains well below.

Housing likely to contribute to 2013 GDP In fact, housing starts lead the rest of the economy preceding changes in GDP. In other words, disruptions to the housing sector (arising from policy changes) are likely to be followed by a significant macroeconomic slowdown, while a stimulus to housing can lead the rest of the economy out of a slowdown.

February 2018 RE/MAX National Housing Report Typically the strongest month for home sales, June saw closings decline 4.7 percent from May and 7.8 percent from June 2018, according to the latest RE/max national housing report. Going in the.

United Wholesale Mortgage to offer Freddie Mac 97% LTV loans Fannie and Freddie Now Allow Purchases and Refis up to 97% LTV. In an effort to make homeownership more accessible, seeing that down payment is often the biggest hurdle, Fannie Mae and Freddie Mac have announced that they will now allow loan-to-value ratios as high as 97%. Fannie Mae and Freddie now only require 3% down payment.Fannie Mae raising mortgage modification interest rate yet again Fannie/Freddie Raise Mortgage Fees. Only those borrowers (encompassing about 12% of the total) with FICO credit scores above 740, that make downpayments >25% for stand-alone residential properties will be exempt from this additional layer of fees. Everyone else will be required to pay up to 3% in fees, depending on their risk profile.

FDIC Calls for Consideration of Junior Liens The lien claim of the U.S. Department of the treasury- internal revenue service constitutes a valid and perfected, but junior, second lien upon the property which is described herein. 5. Each of the following Defendants is in default: Director of Employment Security of the State of Illinois, 3-D Concrete, Inc., midwest golf development, Inc. d.

Seattle experienced a similar rise in home price. The median price of homes sold in February was $554,225, a 25.25-percent increase from February 2015. Of the 543 residences sold on the Eastside, 388 of them were single-family homes with a median price of $739,975. Condo sales account for the rest (155) with a median price of $310,000.

Many analysts expect department store retailers like J.C. Penney (JCP) and Kohl’s (KSS), for example, to continue to show.

Months Supply of Inventory – Average of 54 metro areasThe number of homes for sale in February 2019 was down 1.4% from January 2019 and up 5.8% from February 2018. Based on the rate of home.

DENVER, July 17, 2019 /PRNewswire/ — Typically the strongest month for home sales, June saw closings decline 4.7% from May and 7.8% from June 2018, according to the RE/MAX National Housing Report. Going in the opposite direction, June’s Median Sales Price of $276,000 was an all-time high in the 10-year history of the report.

"The February 2018 median sales price of $228,700 marks the 22nd consecutive month of year-over-year price increases." The Months Supply of Inventory was 3.1 – also a RE/MAX National Housing Report February record – and underscored an average decline in inventory of 13.7% among the 52 markets reporting.

Home sales across the nine-county metro area fell by almost 10 percent below the roughly 9,500 sales reported in March 2018, according to the latest RE/MAX Chicagoland Housing Report. March 2018..