Tag Archives: George Ratiu

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 →

Pending home sales slump for second-straight month

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Pending home sales saw a slight slump in July, dropping 1.8 percent to a Pending Home Sales Index of 110.7, according to the National Association of Realtors. Continue reading →

Single-family housing starts take unexpected hit in July

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Despite a decline in starts, which reflected curbed confidence in June amid mellowing lumber prices, experts said gains made in permit applications were a positive sign. Continue reading →

End of foreclosure moratorium could help ease strain on inventory

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Owners exiting forbearance later this year and into the next, may avoid foreclosure by listing their homes, if they have enough home equity. Continue reading →

New single-family housing starts ramp up 6% in June: Census Bureau

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The increase in housing starts is a welcome gift, but experts say builders aren’t yet betting recent improvements in materials costs are here to stay for the long term. Continue reading →

Asian American homeownership is still lagging: Report

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Asian American homeownership rates lag in numerous major cities including New York, Los Angeles and Boston. Continue reading →

The Inman Handbook on existing-home sales

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Three leading economists share what existing-home sales reveal about the market and how to properly use statistics to make client decisions. Continue reading →