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Home Sales Momentum Slows as January Trends Downward
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 Momentum Slows as January Trends Downward
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 Momentum Slows as January Trends Downward

January 24, 2012 (Chris Moore)

Weekly existing home sales volume declined for the second consecutive week, falling back to the same levels seen a month ago, an indication that the sales momentum that we saw at the end of 2011 may be starting to wane according to the National Home Sales Snapshot released by DataQuick.

There were 156,817 properties sold over the previous thirty day rolling period ending January 19th, down 2.2 percent from the previous week’s total of 160,426 properties sold and 0.4 percent lower than the 157,521 properties sold four weeks ago.

Last week’s home sales volume was 1.8 percent lower than the 159,695 homes sold during same period a year ago but was 7.2 percent higher than during the same period three years ago when 145,279 homes were sold.

The median price of a home sold over the same thirty day rolling period ending January 19th fell 0.4 percent to $179,000 from $179,750 the previous week, a decline of $750. Home prices have fluctuated within a narrow $1000 range over the last five weeks.

Home prices were 3.7 percent lower than the same period a year ago when the median price of a home was $185,900 and were 10.5 percent lower than the same period three years ago when the median price was $200,000.

Over the last five years, median home prices nationwide have ranged from a high of $275,000 to a low of $170,000.

Sales volume for a thirty day period within the last five years has ranged from a high of 339,669 properties sold to a low of 119,636.

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

National Weekly Snapshot 01-24-12

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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BUYING OR SELLING A HOME IS A BIG DECISION
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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.
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THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
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January 24, 2012 (Chris Moore)

Weekly existing home sales volume declined for the second consecutive week, falling back to the same levels seen a month ago, an indication that the sales momentum that we saw at the end of 2011 may be starting to wane according to the National Home Sales Snapshot released by DataQuick.

There were 156,817 properties sold over the previous thirty day rolling period ending January 19th, down 2.2 percent from the previous week’s total of 160,426 properties sold and 0.4 percent lower than the 157,521 properties sold four weeks ago.

Last week’s home sales volume was 1.8 percent lower than the 159,695 homes sold during same period a year ago but was 7.2 percent higher than during the same period three years ago when 145,279 homes were sold.

The median price of a home sold over the same thirty day rolling period ending January 19th fell 0.4 percent to $179,000 from $179,750 the previous week, a decline of $750. Home prices have fluctuated within a narrow $1000 range over the last five weeks.

Home prices were 3.7 percent lower than the same period a year ago when the median price of a home was $185,900 and were 10.5 percent lower than the same period three years ago when the median price was $200,000.

Over the last five years, median home prices nationwide have ranged from a high of $275,000 to a low of $170,000.

Sales volume for a thirty day period within the last five years has ranged from a high of 339,669 properties sold to a low of 119,636.

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

National Weekly Snapshot 01-24-12

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

January 24, 2012 (Chris Moore)

Weekly existing home sales volume declined for the second consecutive week, falling back to the same levels seen a month ago, an indication that the sales momentum that we saw at the end of 2011 may be starting to wane according to the National Home Sales Snapshot released by DataQuick.

There were 156,817 properties sold over the previous thirty day rolling period ending January 19th, down 2.2 percent from the previous week’s total of 160,426 properties sold and 0.4 percent lower than the 157,521 properties sold four weeks ago.

Last week’s home sales volume was 1.8 percent lower than the 159,695 homes sold during same period a year ago but was 7.2 percent higher than during the same period three years ago when 145,279 homes were sold.

The median price of a home sold over the same thirty day rolling period ending January 19th fell 0.4 percent to $179,000 from $179,750 the previous week, a decline of $750. Home prices have fluctuated within a narrow $1000 range over the last five weeks.

Home prices were 3.7 percent lower than the same period a year ago when the median price of a home was $185,900 and were 10.5 percent lower than the same period three years ago when the median price was $200,000.

Over the last five years, median home prices nationwide have ranged from a high of $275,000 to a low of $170,000.

Sales volume for a thirty day period within the last five years has ranged from a high of 339,669 properties sold to a low of 119,636.

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

National Weekly Snapshot 01-24-12

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