Tag Archives: George Ratiu

January home prices see 4th-largest year-over-year gain in 35 years

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The 19.2 percent year-over-year jump was the fourth-largest increase recorded in the 35-year history of the Corelogic Case-Shiller Index. Continue reading →

Pending home sales dip for 4th consecutive month

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Pending home sales decreased 4.1 percent in February from the previous month and were down 5.4 percent from the same period last year, according to the National Association of Realtors Pending Home Sales Index. Continue reading →

Mortgage rates dip as Omicron variant triggers market volatility

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Thirty-year mortgage rates fell to 3.05 percent, down 7 basis points from the week prior, according to Freddie Mac’s most recent lender survey released Thursday. Continue reading →

New home sales soar by double digits

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After increasing by a modest 0.4 percent in October, new home sales saw a 12.4 percent increase in November, according to the U.S. Census Bureau and Department of Housing and Urban Development. Continue reading →

Fueled by climbing mortgage rates, existing-home sales rise again

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The median existing-home sales price, meanwhile, soared 13.9 percent year over year in November as inventory plunged 13.3 percent, according to data released Wednesday by the National Association of Realtors. Continue reading →

Next year to be a ‘mixed bag’ for real estate: realtor.com report

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Recent inventory shortages may ease somewhat in 2022, but demand will probably still exceed supply and affordability will be challenging. Continue reading →

Skyrocketing US home prices are finally beginning to slow down

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September 2021 marked the first month since May 2020 in which annual home price growth decelerated, with home prices increasing 19.5 percent year over year, down from a 19.8 percent annual gain in August. Continue reading →

New home sales beat expectations as prices climb to historic record

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Sales of new single-family homes notched a seasonally adjusted annual rate of 800,000 in September 2021, while the median sales price hit a new record of $408,800. Continue reading →

Pending home sales beat projections following 2 months of declines: NAR

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Pending home sales finally saw some positive growth in August, following two consecutive months of declines in June and July, the National Association of Realtors reported. Continue reading →

Mortgage rates continue to flatline ahead of Fed tapering details

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Mortgage rates stayed the course this week as lenders continued to monitor the Federal Reserve’s tapering plans. Continue reading →