Mortgage News

New-Home Sales Are Recovering From Their 2018 Slump

Pending Home Sales Slump As NAR Warns "Activity Has Essentially Stalled". He now forecasts 2018 existing-home sales of 5.49 million, which would mark a 0.4 percent drop from 2017. Previously he had projected 5.54 million, a 0.5 percent increase. As a reminder, economists consider pending sales a leading indicator because they track contract.

Smartphone sales shrank year-over-year in the fall, leading some to wonder whether the category’s halcyon days were finally over. Well, not quite. Gartner has determined that smartphone sales bounced.

I Didn’t Think it Would Go This Fast: Mortgage Rates Blamed for 3-Year Low in Pending Home Sales by Wolf Richter Feb 28, 2018 68 Comments Email to a friend

Construction spending peaked in the first quarter of 2018 and has since dropped 12%. The good news is that home sales have rebounded strongly in the past few months and have just breached a new.

With property sales dropping below 100,000 in May, which looks at the reasons the market is slowing, and offers advice on pricing your home when you sell.. house sales slump: is your property overpriced?. Meanwhile, although most estate agents offer expert knowledge of their area, they.

New home sales slump in February.. Harley Dale said the first stages of the downward cycle in new home building was likely to be moderate, with the pace of deterioration picking up.

The median sales price of new houses sold in June 2018 was $302,100. The average sales price was $363,300. The seasonally-adjusted estimate of new houses for sale at the end of June was 301,000. This represents a supply of 5.7 months at the current sales rate.

Six Advantages of Human-aided, ‘Artificial’ Artificial Intelligence Going forward, the rise of Artificial Intelligence systems is replacing the most mundane intellectual tasks, freeing up a new labour force to transfer their uniquely human intelligence to more interesting endeavours. This form of synergy between humans and AI is often called Human-Assisted Artificial Intelligence.

WASHINGTON – Sales of new U.S. homes increased 4.5% in March, the third straight monthly gain as the housing market appears to be cautiously recovering from a mortgage rate spike last year that caused.

"A big jump in existing sales in the South and West last month helped the housing market recover from a two-month sales slump," he said. "The very healthy U.S. economy and labor market are creating a.

VA owes disabled veterans refunds on home loan fees, report says The Department of Veterans Affairs charged disabled veterans a fee on their home loans even though they were supposed to be exempt. In 2014, the VA learned that it owed 50,000 veterans $150 million, but it did not try to contact the veterans or fix its policies.

New home sales slump. New apartments on sale in Sydney.. "In all likelihood we will experience sharper falls in new home construction in both 2017 and 2018. "The magnitude of decline in new.