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Home Prices Post First Significant Decline Since March
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Home Prices Post First Significant Decline Since March
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Home Prices Post First Significant Decline Since March

November 5, 2012 (Chris Moore)

Home prices posted their first significant decline since the beginning of March last week, falling 1.1 percent from the previous week according to the weekly National Home Sales Snapshot released by DataQuick while sales of existing homes saw a modest gain of 0.1 percent.

There were 211,188 properties sold over the previous thirty-day rolling period ending November 1st, up 164 sales from the previous week’s total of 211,024 sold properties but still 1.4 percent lower than the 214,076 properties sold four weeks ago.

Sales volume was 4.7 percent lower than the current year’s cycle peak of 221,695 sales which occurred during the 30-day rolling period prior to September 13th and were back at the levels seen at the beginning of July.

Last week’s home sales volume was 15.8 percent higher than the 182,314 homes sold during the same period a year ago and was 0.8 percent lower than during the same period three years ago when 212,924 homes were sold.

The median price of a home sold over the current thirty-day rolling period fell by $2,200 from the previous week to $197,700. It was the second consecutive week that home prices have slipped after staying near $200,000 for the past three months.

Home prices were 8.6 percent higher than the same period a year ago when the median price of a home was $182,000 and were 5.4 percent higher than what they were three years ago when the median price was $187,500. It was the 29th consecutive week that year-over-year home prices surpassed the previous year’s levels.

DataQuick Weekly Snapshot 10-05-2012

Over the last five years, median home prices nationwide have ranged from a high of $275,000 to a low of $168,500.

Home sales volume over the last five years has ranged from a high of 339,669 properties sold to a low of 124,051.

The National Home Sales Snapshot includes 98 out of the top 100 metropolitan statistical areas covering 66.25 percent of U.S. home sales.

Tags: DataQuick, home sales, median home price, sales volume

Source:
DataQuick

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
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A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
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BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

November 5, 2012 (Chris Moore)

Home prices posted their first significant decline since the beginning of March last week, falling 1.1 percent from the previous week according to the weekly National Home Sales Snapshot released by DataQuick while sales of existing homes saw a modest gain of 0.1 percent.

There were 211,188 properties sold over the previous thirty-day rolling period ending November 1st, up 164 sales from the previous week’s total of 211,024 sold properties but still 1.4 percent lower than the 214,076 properties sold four weeks ago.

Sales volume was 4.7 percent lower than the current year’s cycle peak of 221,695 sales which occurred during the 30-day rolling period prior to September 13th and were back at the levels seen at the beginning of July.

Last week’s home sales volume was 15.8 percent higher than the 182,314 homes sold during the same period a year ago and was 0.8 percent lower than during the same period three years ago when 212,924 homes were sold.

The median price of a home sold over the current thirty-day rolling period fell by $2,200 from the previous week to $197,700. It was the second consecutive week that home prices have slipped after staying near $200,000 for the past three months.

Home prices were 8.6 percent higher than the same period a year ago when the median price of a home was $182,000 and were 5.4 percent higher than what they were three years ago when the median price was $187,500. It was the 29th consecutive week that year-over-year home prices surpassed the previous year’s levels.

DataQuick Weekly Snapshot 10-05-2012

Over the last five years, median home prices nationwide have ranged from a high of $275,000 to a low of $168,500.

Home sales volume over the last five years has ranged from a high of 339,669 properties sold to a low of 124,051.

The National Home Sales Snapshot includes 98 out of the top 100 metropolitan statistical areas covering 66.25 percent of U.S. home sales.

Tags: DataQuick, home sales, median home price, sales volume

Source:
DataQuick

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

November 5, 2012 (Chris Moore)

Home prices posted their first significant decline since the beginning of March last week, falling 1.1 percent from the previous week according to the weekly National Home Sales Snapshot released by DataQuick while sales of existing homes saw a modest gain of 0.1 percent.

There were 211,188 properties sold over the previous thirty-day rolling period ending November 1st, up 164 sales from the previous week’s total of 211,024 sold properties but still 1.4 percent lower than the 214,076 properties sold four weeks ago.

Sales volume was 4.7 percent lower than the current year’s cycle peak of 221,695 sales which occurred during the 30-day rolling period prior to September 13th and were back at the levels seen at the beginning of July.

Last week’s home sales volume was 15.8 percent higher than the 182,314 homes sold during the same period a year ago and was 0.8 percent lower than during the same period three years ago when 212,924 homes were sold.

The median price of a home sold over the current thirty-day rolling period fell by $2,200 from the previous week to $197,700. It was the second consecutive week that home prices have slipped after staying near $200,000 for the past three months.

Home prices were 8.6 percent higher than the same period a year ago when the median price of a home was $182,000 and were 5.4 percent higher than what they were three years ago when the median price was $187,500. It was the 29th consecutive week that year-over-year home prices surpassed the previous year’s levels.

DataQuick Weekly Snapshot 10-05-2012

Over the last five years, median home prices nationwide have ranged from a high of $275,000 to a low of $168,500.

Home sales volume over the last five years has ranged from a high of 339,669 properties sold to a low of 124,051.

The National Home Sales Snapshot includes 98 out of the top 100 metropolitan statistical areas covering 66.25 percent of U.S. home sales.

Tags: DataQuick, home sales, median home price, sales volume

Source:
DataQuick

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS