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Home Sales Continue to Slump
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You're Now Reading:
Home Sales Continue to Slump
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Home Sales Continue to Slump
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October 9, 2012 (Chris Moore)

Existing home sales fell for the third consecutive week according to the weekly National Home Sales Snapshot released by DataQuick while home prices haven’t budged in eight of the last nine weeks..

There were 214,076 properties sold over the previous thirty-day rolling period ending October 4th, down 1.3 percent from the previous week’s total of 216,896 sold properties and 2.7 percent lower than the 219,926 properties sold four weeks ago.

Sales volume was 3.4 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.

Last week’s home sales volume was 11.2 percent higher than the 192,489 homes sold during the same period a year ago and was 0.5 percent higher than during the same period three years ago when 212,975 homes were sold.

The median price of a home sold over the current thirty-day rolling period remained unchanged from the previous week at $200,000. It was the eighth time in the last nine weeks that home prices have remained at that price.

Home prices were 8.1 percent higher than the same period a year ago when the median price of a home was $185,000 and were 3.6 percent higher than what they were three years ago when the median price was $193,000. It was the 26th consecutive week that year-over-year home prices surpassed the previous year’s levels.

DataQuick Weekly Snapshot 10-8-12

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

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Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at LoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
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Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Home Buying
Tips
Home Selling
Tips
About
Mortgages
Mortgage
Calculator
Mortgage
Rates

October 9, 2012 (Chris Moore)

Existing home sales fell for the third consecutive week according to the weekly National Home Sales Snapshot released by DataQuick while home prices haven’t budged in eight of the last nine weeks..

There were 214,076 properties sold over the previous thirty-day rolling period ending October 4th, down 1.3 percent from the previous week’s total of 216,896 sold properties and 2.7 percent lower than the 219,926 properties sold four weeks ago.

Sales volume was 3.4 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.

Last week’s home sales volume was 11.2 percent higher than the 192,489 homes sold during the same period a year ago and was 0.5 percent higher than during the same period three years ago when 212,975 homes were sold.

The median price of a home sold over the current thirty-day rolling period remained unchanged from the previous week at $200,000. It was the eighth time in the last nine weeks that home prices have remained at that price.

Home prices were 8.1 percent higher than the same period a year ago when the median price of a home was $185,000 and were 3.6 percent higher than what they were three years ago when the median price was $193,000. It was the 26th consecutive week that year-over-year home prices surpassed the previous year’s levels.

DataQuick Weekly Snapshot 10-8-12

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

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.
HOW
LOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at LoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
LOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

October 9, 2012 (Chris Moore)

Existing home sales fell for the third consecutive week according to the weekly National Home Sales Snapshot released by DataQuick while home prices haven’t budged in eight of the last nine weeks..

There were 214,076 properties sold over the previous thirty-day rolling period ending October 4th, down 1.3 percent from the previous week’s total of 216,896 sold properties and 2.7 percent lower than the 219,926 properties sold four weeks ago.

Sales volume was 3.4 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.

Last week’s home sales volume was 11.2 percent higher than the 192,489 homes sold during the same period a year ago and was 0.5 percent higher than during the same period three years ago when 212,975 homes were sold.

The median price of a home sold over the current thirty-day rolling period remained unchanged from the previous week at $200,000. It was the eighth time in the last nine weeks that home prices have remained at that price.

Home prices were 8.1 percent higher than the same period a year ago when the median price of a home was $185,000 and were 3.6 percent higher than what they were three years ago when the median price was $193,000. It was the 26th consecutive week that year-over-year home prices surpassed the previous year’s levels.

DataQuick Weekly Snapshot 10-8-12

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

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
LOANRATEUPDATE
WORKS
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.
ADVANTAGES OF USING
LOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.