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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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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.
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New Home Sales Ten Percent Higher than Last Year
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 TAKE IT TO THE NEXT LEVEL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
New Home Sales Ten Percent Higher than Last Year
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
New Home Sales Ten Percent Higher than Last Year

January 5, 2012 (Chris Moore)

Sales of new single-family homes continued to gain momentum for the third consecutive month in November and were almost ten percent higher than a year ago according to the latest housing data released by the Census Bureau.

Monthly sales of new homes increased 1.6 percent in November to a seasonally adjusted rate of 315,000, up from a revised rate of 310,000 in October. The seasonally adjusted rate in October was revised upward from 307,000.

Sales of new single-family homes had fallen to an all-time low average of 281,000 homes per year in February and were followed by gains in March and April. Sales then declined throughout the summer months but have been on the rise since September.

The rate of sales in November was 9.8 percent higher than the estimated sales rate of 287,000 units in November of 2010.

The median sales price of the new homes sold in November was $214,100, which was down from a revised $222,600 in October. The average sales price for a new home in November was $242,300, down from a revised $253,200 in October.

Seventy-seven percent of the new single-family homes sold in November were under $300,000, down from 78 percent in October.

In November of last year, the median sales price of a new home was slightly higher at $219,600, while the average sales price was $281,700.

Despite the momentum of the last three months, new single-family home sales appear destined to break last year’s mark of being the worst year for sales on record.

Since the beginning of the year in 2011 through the end of November, builders have sold approximately 282,000 new homes. During the same time period in 2010, builders had sold approximately 300,000 new homes, a difference of 18,000 homes, too large of an amount to overcome in the current housing market.

Year-to-date, seasonally adjusted sales were 32.3 percent lower in the Northeast, 1.7 percent lower in the Midwest, 4.4 percent lower in the South, and in the West, sales were 1.4 percent lower than they were at the beginning of the 2011.

Two of the four regions posted increases in seasonally adjusted monthly sales with the Midwest and the South posting gains of 12.9 and 7.5 percent, respectively. The Northeast and the West posted declines of 26.3 and 16.9 percent, respectively.

Compared to a year ago, all the regions but the Northeast posted gains. New home sales in the Northeast were 30.0 percent lower than they were last year while the Midwest, the South and the West posted gains of 62.9, 6.7, and 1.5 percent from a year ago, respectively.

Inventory of new single-family homes remained relatively balanced by historic standards with a seasonally adjusted 158,000 homes available for sale, which translates into a 6.0 months supply of inventory.

Tags: Census Bureau, new home sales, single-family homes, median sales price, average sales price

Source:
Census Bureau

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 5, 2012 (Chris Moore)

Sales of new single-family homes continued to gain momentum for the third consecutive month in November and were almost ten percent higher than a year ago according to the latest housing data released by the Census Bureau.

Monthly sales of new homes increased 1.6 percent in November to a seasonally adjusted rate of 315,000, up from a revised rate of 310,000 in October. The seasonally adjusted rate in October was revised upward from 307,000.

Sales of new single-family homes had fallen to an all-time low average of 281,000 homes per year in February and were followed by gains in March and April. Sales then declined throughout the summer months but have been on the rise since September.

The rate of sales in November was 9.8 percent higher than the estimated sales rate of 287,000 units in November of 2010.

The median sales price of the new homes sold in November was $214,100, which was down from a revised $222,600 in October. The average sales price for a new home in November was $242,300, down from a revised $253,200 in October.

Seventy-seven percent of the new single-family homes sold in November were under $300,000, down from 78 percent in October.

In November of last year, the median sales price of a new home was slightly higher at $219,600, while the average sales price was $281,700.

Despite the momentum of the last three months, new single-family home sales appear destined to break last year’s mark of being the worst year for sales on record.

Since the beginning of the year in 2011 through the end of November, builders have sold approximately 282,000 new homes. During the same time period in 2010, builders had sold approximately 300,000 new homes, a difference of 18,000 homes, too large of an amount to overcome in the current housing market.

Year-to-date, seasonally adjusted sales were 32.3 percent lower in the Northeast, 1.7 percent lower in the Midwest, 4.4 percent lower in the South, and in the West, sales were 1.4 percent lower than they were at the beginning of the 2011.

Two of the four regions posted increases in seasonally adjusted monthly sales with the Midwest and the South posting gains of 12.9 and 7.5 percent, respectively. The Northeast and the West posted declines of 26.3 and 16.9 percent, respectively.

Compared to a year ago, all the regions but the Northeast posted gains. New home sales in the Northeast were 30.0 percent lower than they were last year while the Midwest, the South and the West posted gains of 62.9, 6.7, and 1.5 percent from a year ago, respectively.

Inventory of new single-family homes remained relatively balanced by historic standards with a seasonally adjusted 158,000 homes available for sale, which translates into a 6.0 months supply of inventory.

Tags: Census Bureau, new home sales, single-family homes, median sales price, average sales price

Source:
Census Bureau

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 5, 2012 (Chris Moore)

Sales of new single-family homes continued to gain momentum for the third consecutive month in November and were almost ten percent higher than a year ago according to the latest housing data released by the Census Bureau.

Monthly sales of new homes increased 1.6 percent in November to a seasonally adjusted rate of 315,000, up from a revised rate of 310,000 in October. The seasonally adjusted rate in October was revised upward from 307,000.

Sales of new single-family homes had fallen to an all-time low average of 281,000 homes per year in February and were followed by gains in March and April. Sales then declined throughout the summer months but have been on the rise since September.

The rate of sales in November was 9.8 percent higher than the estimated sales rate of 287,000 units in November of 2010.

The median sales price of the new homes sold in November was $214,100, which was down from a revised $222,600 in October. The average sales price for a new home in November was $242,300, down from a revised $253,200 in October.

Seventy-seven percent of the new single-family homes sold in November were under $300,000, down from 78 percent in October.

In November of last year, the median sales price of a new home was slightly higher at $219,600, while the average sales price was $281,700.

Despite the momentum of the last three months, new single-family home sales appear destined to break last year’s mark of being the worst year for sales on record.

Since the beginning of the year in 2011 through the end of November, builders have sold approximately 282,000 new homes. During the same time period in 2010, builders had sold approximately 300,000 new homes, a difference of 18,000 homes, too large of an amount to overcome in the current housing market.

Year-to-date, seasonally adjusted sales were 32.3 percent lower in the Northeast, 1.7 percent lower in the Midwest, 4.4 percent lower in the South, and in the West, sales were 1.4 percent lower than they were at the beginning of the 2011.

Two of the four regions posted increases in seasonally adjusted monthly sales with the Midwest and the South posting gains of 12.9 and 7.5 percent, respectively. The Northeast and the West posted declines of 26.3 and 16.9 percent, respectively.

Compared to a year ago, all the regions but the Northeast posted gains. New home sales in the Northeast were 30.0 percent lower than they were last year while the Midwest, the South and the West posted gains of 62.9, 6.7, and 1.5 percent from a year ago, respectively.

Inventory of new single-family homes remained relatively balanced by historic standards with a seasonally adjusted 158,000 homes available for sale, which translates into a 6.0 months supply of inventory.

Tags: Census Bureau, new home sales, single-family homes, median sales price, average sales price

Source:
Census Bureau

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