singlefamily home: Home Prices are Favoring Buyers In Most Areas - Part 4 - 05/19/07 09:30 PM
Below is the last page of the article written by The National Realty News on May 15, 2007.
Total existing-home sales in the South were at an annual rate of 2.51 million units in the first quarter, down 7.3 percent from the first quarter of 2006. After the District of Columbia, the next strongest increase in the South was in Arkansas, up 8.8 percent from a year ago, followed by Kentucky, which rose 3.9 percent, and Texas, up 2.7 percent.
The median existing single-family home price in the South was $177,800 in the first quarter, which is 0.6 percent below a year … (0 comments)
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singlefamily home: Home Prices are Favoring Buyers In Most Areas - Part 2 - 05/19/07 09:18 PM
The National Realty News has an interesting article written on May 15, 2007. Below is Part 2.
According to Freddie Mac, the national average commitment rate on a 30-year conventional fixed-rate mortgage was 6.22 percent in the first quarter, down from 6.25 percent in the fourth quarter; the rate was 6.24 percent in the first quarter of 2006. Last week, Freddie Mac reported the 30-year fixed rate dropped to 6.15 percent.
The biggest total annual sales increase was in Wyoming, where existing-home sales rose 19.9 percent from the first quarter of 2006. In the District of Columbia, the first-quarter resale pace rose … (0 comments)
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