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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.
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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.
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Home Sales Back to Normal Seasonal Trend after December Jump
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 Sales Back to Normal Seasonal Trend after December Jump
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 Sales Back to Normal Seasonal Trend after December Jump

February 17, 2012 (Jeff Alan)

Home sales returned to their normal seasonal trends in January following December’s unexpected jump but still remained higher than last year’s levels according to RE/MAX’s National Housing Report (NHR).

Closed transactions of home purchases declined 19.3 percent from December to January but were still 3.4 percent higher than in January 2011, the seventh consecutive month home sales have increased year-over-year.

Twenty out of the 53 metro areas in the report posted year-over-year increases in closed transactions. Albuquerque, NM (+33.9%), Wilmington-Dover, DE (+33.2%,) Atlanta, GA (+26.3%), Indianapolis, IN (+19.6%), Providence, RI (+19.6%), Nashville, TN (+19.5%), Cleveland, OH (+18.9%) and Chicago, (IL +15.3%) recorded the highest year-over-year gains in closed transactions in January.

The median sales price of homes sold in January were 3.4 percent lower than in the previous month of December and were 0.8 percent lower than the median price in January of 2011. It was the 17th consecutive month that home prices have declined year-over-year.

Only 15 of the 53 metro areas posted higher sales prices in January than they did a year earlier, down from 20 metro areas the previous month. The areas that posted the largest price gains during the month were Miami, FL (+23.8%), Orlando, FL (+15.8%), Tampa, FL (+15.6%), Phoenix, AZ (+9.0%), Little Rock, AR (+5.5%) and Detroit, MI (+5.1%).

The average number of days it took to sell a home in January was 103, which was 5 days longer than the 98 days it took in December. The average month’s supply of inventory in January was 7.3, down from 7.8 months in December and down from a 10.1 months supply of homes in January 2011.

For all 53 metro areas, the average monthly inventory of homes for sale declined by 4.2 percent from December and was 24.1 percent lower than in January 2011. It was the 19th consecutive month that the supply of homes for sale has declined.

Margaret Kelly, CEO of RE/MAX, LLC., stated “This positive start to the year will hopefully set the tone for a continuing housing recovery that’s drawing home buyers with low interest rates and low prices. If sales continue ahead of last year’s pace and inventory does not increase significantly, we could start to see increasing home prices this year.”

Tags: home sales, home prices, seasonal trends, closed transactions, median sales price

Source:
RE/MAX

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

February 17, 2012 (Jeff Alan)

Home sales returned to their normal seasonal trends in January following December’s unexpected jump but still remained higher than last year’s levels according to RE/MAX’s National Housing Report (NHR).

Closed transactions of home purchases declined 19.3 percent from December to January but were still 3.4 percent higher than in January 2011, the seventh consecutive month home sales have increased year-over-year.

Twenty out of the 53 metro areas in the report posted year-over-year increases in closed transactions. Albuquerque, NM (+33.9%), Wilmington-Dover, DE (+33.2%,) Atlanta, GA (+26.3%), Indianapolis, IN (+19.6%), Providence, RI (+19.6%), Nashville, TN (+19.5%), Cleveland, OH (+18.9%) and Chicago, (IL +15.3%) recorded the highest year-over-year gains in closed transactions in January.

The median sales price of homes sold in January were 3.4 percent lower than in the previous month of December and were 0.8 percent lower than the median price in January of 2011. It was the 17th consecutive month that home prices have declined year-over-year.

Only 15 of the 53 metro areas posted higher sales prices in January than they did a year earlier, down from 20 metro areas the previous month. The areas that posted the largest price gains during the month were Miami, FL (+23.8%), Orlando, FL (+15.8%), Tampa, FL (+15.6%), Phoenix, AZ (+9.0%), Little Rock, AR (+5.5%) and Detroit, MI (+5.1%).

The average number of days it took to sell a home in January was 103, which was 5 days longer than the 98 days it took in December. The average month’s supply of inventory in January was 7.3, down from 7.8 months in December and down from a 10.1 months supply of homes in January 2011.

For all 53 metro areas, the average monthly inventory of homes for sale declined by 4.2 percent from December and was 24.1 percent lower than in January 2011. It was the 19th consecutive month that the supply of homes for sale has declined.

Margaret Kelly, CEO of RE/MAX, LLC., stated “This positive start to the year will hopefully set the tone for a continuing housing recovery that’s drawing home buyers with low interest rates and low prices. If sales continue ahead of last year’s pace and inventory does not increase significantly, we could start to see increasing home prices this year.”

Tags: home sales, home prices, seasonal trends, closed transactions, median sales price

Source:
RE/MAX

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

February 17, 2012 (Jeff Alan)

Home sales returned to their normal seasonal trends in January following December’s unexpected jump but still remained higher than last year’s levels according to RE/MAX’s National Housing Report (NHR).

Closed transactions of home purchases declined 19.3 percent from December to January but were still 3.4 percent higher than in January 2011, the seventh consecutive month home sales have increased year-over-year.

Twenty out of the 53 metro areas in the report posted year-over-year increases in closed transactions. Albuquerque, NM (+33.9%), Wilmington-Dover, DE (+33.2%,) Atlanta, GA (+26.3%), Indianapolis, IN (+19.6%), Providence, RI (+19.6%), Nashville, TN (+19.5%), Cleveland, OH (+18.9%) and Chicago, (IL +15.3%) recorded the highest year-over-year gains in closed transactions in January.

The median sales price of homes sold in January were 3.4 percent lower than in the previous month of December and were 0.8 percent lower than the median price in January of 2011. It was the 17th consecutive month that home prices have declined year-over-year.

Only 15 of the 53 metro areas posted higher sales prices in January than they did a year earlier, down from 20 metro areas the previous month. The areas that posted the largest price gains during the month were Miami, FL (+23.8%), Orlando, FL (+15.8%), Tampa, FL (+15.6%), Phoenix, AZ (+9.0%), Little Rock, AR (+5.5%) and Detroit, MI (+5.1%).

The average number of days it took to sell a home in January was 103, which was 5 days longer than the 98 days it took in December. The average month’s supply of inventory in January was 7.3, down from 7.8 months in December and down from a 10.1 months supply of homes in January 2011.

For all 53 metro areas, the average monthly inventory of homes for sale declined by 4.2 percent from December and was 24.1 percent lower than in January 2011. It was the 19th consecutive month that the supply of homes for sale has declined.

Margaret Kelly, CEO of RE/MAX, LLC., stated “This positive start to the year will hopefully set the tone for a continuing housing recovery that’s drawing home buyers with low interest rates and low prices. If sales continue ahead of last year’s pace and inventory does not increase significantly, we could start to see increasing home prices this year.”

Tags: home sales, home prices, seasonal trends, closed transactions, median sales price

Source:
RE/MAX

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