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Home Sales Fall for a Second Week
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You're Now Reading:
Home Sales Fall for a Second Week
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 Fall for a Second Week
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August 6, 2012 (Chris Moore)

Existing home sales fell for the second consecutive week possibly signaling that sales for this year’s traditional spring/summer selling season may have peaked according to the weekly National Home Sales Snapshot released by DataQuick.

There were 217,413 properties sold over the previous thirty-day rolling period ending August 2nd, down 0.4 percent from the previous week’s total of 218,291 sold properties but still 2.8 percent higher than the 211,527 properties sold four weeks ago.

Sales volume was 13.8 percent above the previous year’s cycle peak of 190,934 sales which occurred during the 30-day rolling period prior to September 1st.

Last week’s home sales volume was 11.7 percent higher than the 194,704 homes sold during the same period a year ago and was 6.8 percent higher than during the same period three years ago when 203,524 homes were sold.

The median price of a home sold over the current thirty-day rolling period increased by $1,600 from last week to $199,500 and was 3.7 percent higher than what it was four weeks ago when the median sales price was $193,000.

Home prices were 6.4 percent higher than the same period a year ago when the median price of a home was $187,500 and were 5.0 percent higher than what they were three years ago when the median price was also $190,000. It was the 17th consecutive week that year-over-year home prices surpassed the previous year’s levels.

DataQuick Weekly Snashot 08-06-2012

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

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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.
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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.
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Home Buying
Tips
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Tips
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Calculator
Mortgage
Rates

August 6, 2012 (Chris Moore)

Existing home sales fell for the second consecutive week possibly signaling that sales for this year’s traditional spring/summer selling season may have peaked according to the weekly National Home Sales Snapshot released by DataQuick.

There were 217,413 properties sold over the previous thirty-day rolling period ending August 2nd, down 0.4 percent from the previous week’s total of 218,291 sold properties but still 2.8 percent higher than the 211,527 properties sold four weeks ago.

Sales volume was 13.8 percent above the previous year’s cycle peak of 190,934 sales which occurred during the 30-day rolling period prior to September 1st.

Last week’s home sales volume was 11.7 percent higher than the 194,704 homes sold during the same period a year ago and was 6.8 percent higher than during the same period three years ago when 203,524 homes were sold.

The median price of a home sold over the current thirty-day rolling period increased by $1,600 from last week to $199,500 and was 3.7 percent higher than what it was four weeks ago when the median sales price was $193,000.

Home prices were 6.4 percent higher than the same period a year ago when the median price of a home was $187,500 and were 5.0 percent higher than what they were three years ago when the median price was also $190,000. It was the 17th consecutive week that year-over-year home prices surpassed the previous year’s levels.

DataQuick Weekly Snashot 08-06-2012

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

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.

August 6, 2012 (Chris Moore)

Existing home sales fell for the second consecutive week possibly signaling that sales for this year’s traditional spring/summer selling season may have peaked according to the weekly National Home Sales Snapshot released by DataQuick.

There were 217,413 properties sold over the previous thirty-day rolling period ending August 2nd, down 0.4 percent from the previous week’s total of 218,291 sold properties but still 2.8 percent higher than the 211,527 properties sold four weeks ago.

Sales volume was 13.8 percent above the previous year’s cycle peak of 190,934 sales which occurred during the 30-day rolling period prior to September 1st.

Last week’s home sales volume was 11.7 percent higher than the 194,704 homes sold during the same period a year ago and was 6.8 percent higher than during the same period three years ago when 203,524 homes were sold.

The median price of a home sold over the current thirty-day rolling period increased by $1,600 from last week to $199,500 and was 3.7 percent higher than what it was four weeks ago when the median sales price was $193,000.

Home prices were 6.4 percent higher than the same period a year ago when the median price of a home was $187,500 and were 5.0 percent higher than what they were three years ago when the median price was also $190,000. It was the 17th consecutive week that year-over-year home prices surpassed the previous year’s levels.

DataQuick Weekly Snashot 08-06-2012

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

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.