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Lower Housing Prices and Higher Inventories Indicate Seasonal Cooling
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
Lower Housing Prices and Higher Inventories Indicate Seasonal Cooling
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
Lower Housing Prices and Higher Inventories Indicate Seasonal Cooling

August 22, 2011 (Jeff Alan)

Housing prices are trending downward and rising inventories indicate that the spring/summer selling season is gradually cooling as housing demand shifts and prices decline “to bump along the bottom of the pond again” according to Altos Research.

Seven of the 26 markets in the report posted declining prices in July, up from one the previous month and 20 of the markets posted rising inventories.

The national index reports that the median price for a home was $450,176 in July, down from $450,894 in June. The biggest monthly gainers in price were Detroit (2.38%), Denver (1.47%), and Tampa (1.1%)

Last month, only one market, Las Vegas, posted a decline in prices, this month seven markets reported declining home prices. New York posted the biggest drop in prices with a decline of 1.69 percent, followed by Boston with a decline of 1.18 percent.

Altos Research’s weekly sample (7 day) for July shows a continuing flattening of home prices first observed June, an indication of further declining in prices during the fall.

Housing inventories were up 1.59 percent in July with overall inventory over the last three months up 5.03 percent. In last months report, 11 of the 26 markets reported rising inventories at the three month level, this month 21 of the 26 markets reported rising inventories.

Housing supply increased in 20 of the 26 markets with the largest increase in housing inventory reported in Boston (4.89%), New York (3.55%), and Minneapolis (2.58%), while the largest declines in housing inventory occurred in Phoenix (-6.82%), Tampa (-6.60%), and Miami (-2.20%).

Tags: Altos Research, housing prices, housing inventory, median price, positive trend, seasonal cooling, 26 markets

Source:
Altos Research

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.
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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.
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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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August 22, 2011 (Jeff Alan)

Housing prices are trending downward and rising inventories indicate that the spring/summer selling season is gradually cooling as housing demand shifts and prices decline “to bump along the bottom of the pond again” according to Altos Research.

Seven of the 26 markets in the report posted declining prices in July, up from one the previous month and 20 of the markets posted rising inventories.

The national index reports that the median price for a home was $450,176 in July, down from $450,894 in June. The biggest monthly gainers in price were Detroit (2.38%), Denver (1.47%), and Tampa (1.1%)

Last month, only one market, Las Vegas, posted a decline in prices, this month seven markets reported declining home prices. New York posted the biggest drop in prices with a decline of 1.69 percent, followed by Boston with a decline of 1.18 percent.

Altos Research’s weekly sample (7 day) for July shows a continuing flattening of home prices first observed June, an indication of further declining in prices during the fall.

Housing inventories were up 1.59 percent in July with overall inventory over the last three months up 5.03 percent. In last months report, 11 of the 26 markets reported rising inventories at the three month level, this month 21 of the 26 markets reported rising inventories.

Housing supply increased in 20 of the 26 markets with the largest increase in housing inventory reported in Boston (4.89%), New York (3.55%), and Minneapolis (2.58%), while the largest declines in housing inventory occurred in Phoenix (-6.82%), Tampa (-6.60%), and Miami (-2.20%).

Tags: Altos Research, housing prices, housing inventory, median price, positive trend, seasonal cooling, 26 markets

Source:
Altos Research

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

August 22, 2011 (Jeff Alan)

Housing prices are trending downward and rising inventories indicate that the spring/summer selling season is gradually cooling as housing demand shifts and prices decline “to bump along the bottom of the pond again” according to Altos Research.

Seven of the 26 markets in the report posted declining prices in July, up from one the previous month and 20 of the markets posted rising inventories.

The national index reports that the median price for a home was $450,176 in July, down from $450,894 in June. The biggest monthly gainers in price were Detroit (2.38%), Denver (1.47%), and Tampa (1.1%)

Last month, only one market, Las Vegas, posted a decline in prices, this month seven markets reported declining home prices. New York posted the biggest drop in prices with a decline of 1.69 percent, followed by Boston with a decline of 1.18 percent.

Altos Research’s weekly sample (7 day) for July shows a continuing flattening of home prices first observed June, an indication of further declining in prices during the fall.

Housing inventories were up 1.59 percent in July with overall inventory over the last three months up 5.03 percent. In last months report, 11 of the 26 markets reported rising inventories at the three month level, this month 21 of the 26 markets reported rising inventories.

Housing supply increased in 20 of the 26 markets with the largest increase in housing inventory reported in Boston (4.89%), New York (3.55%), and Minneapolis (2.58%), while the largest declines in housing inventory occurred in Phoenix (-6.82%), Tampa (-6.60%), and Miami (-2.20%).

Tags: Altos Research, housing prices, housing inventory, median price, positive trend, seasonal cooling, 26 markets

Source:
Altos Research

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