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department of housing: Government Scorecard Finds Progress In Recent Housing Data - 05/07/12 09:43 PM
The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury’s monthly Housing Scorecard collects key market data and tracks the administration’s recovery efforts. The April report cites progress made in home sales and mortgage delinquencies but says there is continued fragility in the housing market. Mortgage delinquencies have declined for four straight months and existing-home sales are up more than five percent from last year’s level. Home prices, while still fragile, are beginning to show signs of stabilization and, in some markets, improvement. Also, inventory is at its lowest level in years, having fallen to levels … (4 comments)
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department of housing: Housing Inventory At Lowest Level Since 2006 - 03/05/12 08:21 PM
The U.S. Department of Housing and Urban Development and U.S. Department of the Treasury released their February 2012 Housing Scorecard, which compiles key market data and the results of the administration’s recovery efforts through the end of January. According to the report, the supply of existing homes currently for sale would take 6.1 months to sell and the number of new homes on the market represents a 5.6 month supply, the lowest level since 2006. In addition to falling inventory levels, existing-home sales rose to their highest pace since May 2010 and home prices dipped during the month. Also, recent … (1 comments)
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department of housing: Housing Starts, Permits Increase In January - 02/20/12 07:15 PM
The U.S. Census Bureau and the Department of Housing and Urban Development’s new residential construction statistics for January show privately-owned housing starts rose to a seasonally adjusted annual rate of 699,000, exceeding economists’ expectations. The increase put starts 1.5 percent above December and 9.9 percent above the year before, when the annual rate was 636,000. Permits to build rose 0.7 percent over December and are 19.0 percent above January 2011. More here.
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department of housing: New Home Sales Up 10 Percent From 2010 - 12/27/11 09:45 PM
The U.S. Census Bureau and the Department of Housing and Urban Development’s New Residential Sales report for November shows sales of new single-family homes rose 1.6 percent over October’s pace to a seasonally adjusted annual rate of 315,000. The improvement puts new-home sales 9.8 percent above last year’s estimate of 287,000. There were 158,000 new homes for sale at the end of the month, which represents a six-month supply at the current sales pace. The median price for a new house in November was $214,000; the average price was $242,900. More here.
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department of housing: New Home Sales Up 6.1 Percent Over August 2010 - 09/26/11 11:47 PM
Estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development show sales of new single-family houses were at a seasonally adjusted annual rate of 295,000, 2.3 percent below July’s rate but 6.1 percent above August of last year. The median sales price of new homes sold in August was $209,100; the average sales price was $246,000. The estimate of new houses for sale at the end of August was 162,000, a 6.6-month supply at the current sales rate. A six-month supply of single-family homes is considered healthy for the housing market. More here and here.
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Jan Delimont, Principal Broker
Coos Bay,
OR
More about me…
Prudential Seaboard Properties
Address: 556 N. Bayshore Drive, Coos Bay, OR, 97420
Office Phone: (541) 269-0355
Cell Phone: (541) 290-1850
Email Me
Looking to buy or sell a home in Coos Bay, Charleston, North Bend, Telegraph Hill, Simpson Heights, Lakeside, Bandon or Coquille, Oregon? Jan Delimont (541-290-1850) is just the person to help you out. Licensed in Oregon
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