Despite December Decline, New Home Sales End 2017 Higher By Michael Neal on January 25, 2018 (). According to the US Census Bureau and the US Department of Housing and Urban Development, sales of new single-family homes moderated in December 2017, giving back a portion of the gains accrued in November.
U.S. purchases of new homes fell more than estimated in September to the weakest pace since December 2016, adding to signs that a lack of affordability is crimping demand, according to government data.
New-home sales tumble to a 10-month low in December as recovery remains rocky By. Even with a double-digit December decline, 2016 brought 12.2% more sales than 2015. New-home sales declined.
Retail sales fall more than forecast in December. by Jacob Greber. Retail sales fell in December by more than twice as much as forecast, led by a collapse in household goods retailing. Sales slipped 0.5 per cent from November, the Australian Bureau of Statistics said on Tuesday. Economists surveyed by Bloomberg News forecast a 0.2 per cent fall.
Loan officers’ online presence is often flawed, study finds Mortgage applications rise as lower rates draw buyers into the market US mortgage applications rise as rates touch 3-month low.. Lower rates encouraged home buyers to jump into the market. The MBA’s market composite index, which tracks mortgage application.Application defect risk remained flat in July Defective Work as Occurrence 2016 | Expert Commentary | IRMI.com – LEXIS 97 (App. Div. July 14, 2016), the Appellate Division of the New jersey superior court recently reiterated that "the business risk doctrine" relates only to the exclusions to coverage contained in a CGL insurance policy and should not be read into the general insuring clauses of those policies.These days, having a full pre-approval is a requirement for. – The loan officer can also inform the seller of the costs of obtaining a new home loan, what programs are available, a general time line, what is required for underwriting, and common mistakes that are made. These include unrealistic expectations, trying to obtain new credit cards or debt prior to buying another home, and so on.Trump nominates affordable housing official as HUD general counsel Pam Patenaude Brings Knowledge, Experience and Proven Commitments to Affordable Housing to HUD. O n Friday, April 28, 2017, the White House announced that President Trump nominated Pamela Patenaude to serve as U.S. Dept. of Housing and Urban Development (HUD) deputy secretary.. Ms. Patenaude is the president of the J. Ronald Terwilliger Foundation for Housing America’s Families.
Single-family home sales declined by 9.3% month over month, the most since August 2016, to 625,000 on an annualized pace, according to government data released on Thursday, Jan. 25. U.S. new-home sales fell more than forecast in December
Consumers expecting lower mortgage rates less optimistic about buying U.S. Consumer Confidence Declines With economic optimism cooling; The report indicates that while Americans remain upbeat on the current state of the economy amid bountiful jobs and lower taxes, there is less confidence that gains will remain robust.
Sales of new U.S. single-family homes fell more than expected in January, suggesting the housing market weakness persisted early in the first quarter, despite a moderation in mortgage rates.
US New Home Sales Fall Much More than Expected Sales of new single-family houses in the United States slumped 6.9 percent from the previous month to a seasonally adjusted annual rate of 607 thousand in January of 2019, following an upwardly revised 652 thousand in December and worse than market expectations of 620 thousand.
We had a very disappointing report on December new home sales today. New home sales declined 10 percent in December from November to a seasonally adjusted annualized rate of 536,000. That December.
New home sales in the U.S. lost steam in December but wrapped up a solid year in a segment of the housing market that has faced tight inventory and fast-rising prices..
March’s sales pace was revised up to 723,000 units, the highest level since October 2007, from the previously reported 692,000 units. April’s decline followed three straight monthly increases.