Tag Archives: AGO

Pending Home Sales Strengthen 3.5% in October

Posted on December 7, 2017 by Debbie Prosser

WASHINGTON (November 29, 2017) — Pending home sales rebounded strongly in October following three straight months of diminishing activity, but still continued their recent slide of falling behind year ago levels, according to the National Association of Realtors®. All major … Continue reading →

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Homes Are More Affordable Than 20 Years Ago

Posted on November 8, 2017 by Debbie Prosser

Daily Real Estate News | Wednesday, November 08, 2017 Homes are actually more affordable now than they were in the late 1990s, according to the latest Mortgage Monitor Report by Black Knight Inc., a mortgage data and performance information provider. … Continue reading →

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Existing-Home Sales Inch 0.7 Percent Higher in September

Posted on October 25, 2017 by Debbie Prosser

WASHINGTON (October 20, 2017) — After three straight monthly declines, existing-home sales slightly reversed course in September, but ongoing supply shortages and recent hurricanes muted overall activity and caused sales to fall back on an annual basis, according to the … Continue reading →

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Mortgage Rates Stuck in Holding Pattern

Posted on September 29, 2017 by Debbie Prosser

Daily Real Estate News | Friday, September 29, 2017 The 30-year fixed-rate mortgage barely budged this week, staying well below the 4 percent mark. “Rates held relatively flat this week,” says Freddie Mac Chief Economist Sean Becketti. “The 10-year Treasury … Continue reading →

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A Sign That More Housing Inventory Is Coming

Posted on September 11, 2017 by Debbie Prosser

Daily Real Estate News | Monday, September 11, 2017 Homeowners who have decided to stay put in their current properties may soon be ready for a move, helping to relieve stubbornly tight housing inventory. The evidence is in Fannie Mae’s … Continue reading →

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More Owners Are Using Their Equity Again

Posted on August 29, 2017 by Debbie Prosser

Daily Real Estate News | Tuesday, August 29, 2017 Home prices continue to rise and more homeowners are tapping into their home equity, making home equity lines of credit and cash-out mortgage refinances popular again. Home equity line originations jumped 8 percent to … Continue reading →

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Inventory Relief for Desperate Buyers?

Posted on August 25, 2017 by Debbie Prosser

Daily Real Estate News | Friday, August 25, 2017 If your buyers have been frantically searching for a home as the inventory crunch grows tighter, some relief may be on the way. It’s a challenging environment, with homes in July … Continue reading →

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Home Prices Jump 6.2% in 2nd Quarter; Eclipse 2016 High

Posted on August 16, 2017 by Debbie Prosser

WASHINGTON (August 16, 2017) — The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter, according to the latest quarterly … Continue reading →

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Loan Demand Gets a Lift From Rate Drop

Posted on August 9, 2017 by Debbie Prosser

Daily Real Estate News | Wednesday, August 09, 2017 Interest rates dropped last week, giving homeowners and home buyers more incentive to lock in a lower rate as they apply for a mortgage. Total mortgage application activity for home buying … Continue reading →

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