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New Single-Family Home Sales Decline 1.0 Percent in June
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 Single-Family Home Sales Decline 1.0 Percent in June
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 Single-Family Home Sales Decline 1.0 Percent in June

July 26, 2011 (Chris Moore)

Sales of new single-family homes declined 1.0 percent from May to June at a seasonally adjusted rate of 312,000, the second straight month of declines, according to the latest data from the U.S. Census Bureau.

New single-family home sales had fallen to an all-time low of 279,000 in February and were followed by gains in March and April, but dipped again in May. Sales in June were still 1.6 percent higher than the estimated 307,000 units sold in June of 2010.

The median sales price of the new homes sold in June was $235,200, which was up from $222,000 in May. The average sales price in June was $269,000, which was also up from $266,400 in May.

Two of the four regions experienced a gain in new home sales from May to June, while three of the regions experienced year-over-year sales gains.

New single-family home sales in the South increased 3.4 percent, while in the Midwest, sales increased 9.5 percent from May to June. The West reported a sales decline of 12.7 percent, while sales in the Northeast dropped 15.8 percent.

In year-over-year sales, only the Northeast suffered a decline. The Midwest reported a sales increase of 2.2 percent, the South saw an increase of 4.6 percent and the West reported a 23.2 percent increase in new single-family home sales. Year-over-year new home sales in the Northeast declined 51.5 percent.

Inventory of new single-family homes remained relatively balanced by historic standards with a seasonally adjusted 164,000 homes available for sale, which translates into a 6.3 months supply of inventory.

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

Source:
Census Bureau

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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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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.
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July 26, 2011 (Chris Moore)

Sales of new single-family homes declined 1.0 percent from May to June at a seasonally adjusted rate of 312,000, the second straight month of declines, according to the latest data from the U.S. Census Bureau.

New single-family home sales had fallen to an all-time low of 279,000 in February and were followed by gains in March and April, but dipped again in May. Sales in June were still 1.6 percent higher than the estimated 307,000 units sold in June of 2010.

The median sales price of the new homes sold in June was $235,200, which was up from $222,000 in May. The average sales price in June was $269,000, which was also up from $266,400 in May.

Two of the four regions experienced a gain in new home sales from May to June, while three of the regions experienced year-over-year sales gains.

New single-family home sales in the South increased 3.4 percent, while in the Midwest, sales increased 9.5 percent from May to June. The West reported a sales decline of 12.7 percent, while sales in the Northeast dropped 15.8 percent.

In year-over-year sales, only the Northeast suffered a decline. The Midwest reported a sales increase of 2.2 percent, the South saw an increase of 4.6 percent and the West reported a 23.2 percent increase in new single-family home sales. Year-over-year new home sales in the Northeast declined 51.5 percent.

Inventory of new single-family homes remained relatively balanced by historic standards with a seasonally adjusted 164,000 homes available for sale, which translates into a 6.3 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

July 26, 2011 (Chris Moore)

Sales of new single-family homes declined 1.0 percent from May to June at a seasonally adjusted rate of 312,000, the second straight month of declines, according to the latest data from the U.S. Census Bureau.

New single-family home sales had fallen to an all-time low of 279,000 in February and were followed by gains in March and April, but dipped again in May. Sales in June were still 1.6 percent higher than the estimated 307,000 units sold in June of 2010.

The median sales price of the new homes sold in June was $235,200, which was up from $222,000 in May. The average sales price in June was $269,000, which was also up from $266,400 in May.

Two of the four regions experienced a gain in new home sales from May to June, while three of the regions experienced year-over-year sales gains.

New single-family home sales in the South increased 3.4 percent, while in the Midwest, sales increased 9.5 percent from May to June. The West reported a sales decline of 12.7 percent, while sales in the Northeast dropped 15.8 percent.

In year-over-year sales, only the Northeast suffered a decline. The Midwest reported a sales increase of 2.2 percent, the South saw an increase of 4.6 percent and the West reported a 23.2 percent increase in new single-family home sales. Year-over-year new home sales in the Northeast declined 51.5 percent.

Inventory of new single-family homes remained relatively balanced by historic standards with a seasonally adjusted 164,000 homes available for sale, which translates into a 6.3 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