asheville homes: New Home Sales a Solid Increase
- 05/06/10 02:05 AM
How fantastic to see a solid increase in home sales and a 27 percent increase is a very good indication that it may stick around. All though the effect did not influence an increase in home values if sales continue to increase and inventory depletes we could see prices stabilize. Sales of new homes rose 27 percent in March compared to February, the U.S. Commerce Department announced Friday. It was the largest monthly increase since April 1963, when sales jumped 31.2 percent. In addition, the National Association of REALTORS® reported last week that sales of previously owned homes rose 6.8 percent. … (1 comments)
asheville homes: Delinquency Rate Takes a Notable Dip
- 04/16/10 07:41 AM
Tougher lending standards, mortgage modification efforts and a more stable job market, economists say have contributed to the first decline in the delinquency rate since the first quarter of 2006. The percentage of delinquent mortgages declined to 6.57 percent in the first quarter from 6.60 in the last quarter of 2009, according to Equifax and Moody’s Economy.com. I believe the biggest reason is because banks are working with their Clients trying to stay out of ownership or foreclosure. The new Short Sale Rules that became effective April 5th is a good indication that lenders want to work with home owners. My … (0 comments)
asheville homes: Delinquency Rate Takes a Notable Dip
- 04/16/10 07:38 AM
Tougher lending standards, mortgage modification efforts and a more stable job market, economists say have contributed to the first decline in the delinquency rate since the first quarter of 2006. The percentage of delinquent mortgages declined to 6.57 percent in the first quarter from 6.60 in the last quarter of 2009, according to Equifax and Moody’s Economy.com. I believe the biggest reason is because banks are working with their Clients trying to stay out of ownership or foreclosure. The new Short Sale Rules that became effective April 5th is a good indication that lenders want to work with home owners. My … (0 comments)
asheville homes: Could it be true that pending sales are up?
- 04/09/10 05:20 AM
Based on the most recent report from NAR it seems there may be some promising increases in Home sales. I personally would like to see three months straight to get a comfortable feel of what is really going on but I am encouraged to see that February nationally looks good. Pending home sales rose in February, potentially signaling a second surge of home sales in response to the homebuyer tax credit, according to the National Association of REALTORS®. http://bit.ly/aL6bol … (0 comments)
How fantastic to see a solid increase in home sales and a 27 percent increase is a very good indication that it may stick around. All though the effect did not influence an increase in home values if sales continue to increase and inventory depletes we could see prices stabilize. Sales of new homes rose 27 percent in March compared to February, the U.S. Commerce Department announced Friday. It was the largest monthly increase since April 1963, when sales jumped 31.2 percent. In addition, the National Association of REALTORS® reported last week that sales of previously owned homes rose 6.8 percent. … (1 comments)
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