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Tag Archives: Sales

More Cash Sales, Shrinking Time on Market Show Changing Buyer Dynamics

All-cash buyers have surged since the housing downturn while the typical amount of time it takes to sell a home is shrinking, revealing the changing dynamics of today’s home buyers and sellers. Academic experts took a closer look at cash … Continue reading

Fannie: Sales Up 9 Percent in 2012

Fannie Mae’s economists expect total home sales to rise approximately 9 percent this year from last year’s depressed levels. Although home prices are likely to dip somewhat in the winter season following typically stronger spring and summer months, Fannie Mae’s … Continue reading

Pending Home Sales Rise Slightly

(MCT)–Signed contracts to buy previously owned homes rose in September, but not by much, according to a trade group report. Pending sales inched up 0.3 percent to 99.5 from 99.2 in August, according to an index of pending sales from … Continue reading

New-Home Sales Rise 5.7 Percent in September

Sales of newly built, single-family homes rose 5.7 percent to a seasonally adjusted annual rate of 389,000 units in September, according to newly released figures from HUD and the U.S. Census Bureau. This is the fastest sales pace recorded since … Continue reading

Common Document Errors Bog Down Short Sales

Looking for tips on how to keep the short sale process moving? Often there are two common problems that can derail a short sale: incorrect and incomplete document submissions. As one of the largest mortgage servicers in the country, we … Continue reading

Pace of New-Home Sales Holds Steady in August

Following a substantial gain in July, the pace of new-home sales held virtually unchanged at a seasonally adjusted annual rate of 373,000 units in August, according to newly released figures from HUD and the U.S. Census Bureau. “New-home sales in … Continue reading

Housing Starts, Existing Home Sales Both Rose in August

(MCT)—The rebound in the U.S. housing market accelerated in August as residential construction starts increased 2.3 percent and sales of existing homes rose 7.8 percent, according to new figures released Wednesday. The National Association of REALTORS® said sales of existing … Continue reading

‘Normal’ Home Sales Soar Despite Obstacles

While sales of distressed properties – foreclosures and short sales – have shrunk since the first of the year, a surge in sales of “normal” non-distressed properties has pushed total home sales through June 4.5 percent higher than last year … Continue reading

Second Quarter Metro Area Home Prices Rise, Limited Inventory Capping Sales

Median existing single-family home prices are rising in more metropolitan areas, but a lack of inventory – notably in lower price ranges – is limiting buyer choices in an increasing number of markets around the country, according to the latest … Continue reading

Mid-Year Infographic of Silicon Valley’s Santa Clara County, REOs and Short Sales

REOs and short sales now represent more than a quarter of the local housing market – this is much more than a temporary niche, according to James Harrison, RCE, CAE, president and CEO of MLSListings, Inc. “While these listings come … Continue reading