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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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September Housing Inventory Declines
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
September Housing Inventory Declines
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
September Housing Inventory Declines

The number of homes listed for sale in September fell for the first time since January according to the latest housing data of 146 metro areas released by Realtor.com.

The total number of existing homes listed for sale fell 1.68 percent from August to September with 1,944,018 single-family homes, condos, townhomes, and co-ops listed for sale during the month. The decline in inventory follows a 0.93 percent increase from July to August. Compared to a year ago, there were still 2.04 percent fewer homes available for purchase during the month, but that number continues to shrink monthly.

The median list price for an existing home in September was $199,500, down 0.20 percent from August but still 6.4 percent higher than September of last year.

California still continued to dominate in the areas with the most improved year-over-year increase in list prices by placing six in the top ten, including two in the top five. Detroit showed the most improvement with a 44.57 percent increase in annual list prices followed by the Stockton-Lodi area in California with a 41.12 improvement and the Santa Barbara-Santa Maria-Lompoc area with a year-over-year gain of 32.10 percent.

Cities from Nevada rounded out the top five with Las Vegas posting a 30.69 percent gain followed by the Reno area with a 29.63 improvement over last year.

The area’s suffering the greatest decline in median list prices were the Acton, OH (-5.20%), South Bend, IN (-4.90%), Springfield, IL (-4.17%), the Cleveland-Lorain-Elria area of Ohio (-4.00%) and Cedar Rapids, IA (-3.45%).

List prices are not necessarily indicative of selling prices, but may signal market sentiment by sellers. All together, 115 of the areas saw an increase in list prices, while seven areas were unchanged from the previous year.

The average number of days that an existing home spent on the market increased to 93 in September from 92 in August but was down from 104 days in September of last year. Thirty-four out of the 146 metropolitan areas required 100 or more days to sell a home which was down from 38 the previous month.

Residents selling their homes in the southern region of South Carolina continued to wait the longest to sell their homes, averaging 174 days on the market. Residents in Oakland had the shortest wait for the 24th consecutive month, averaging 28 days on the market.

Tags: housing inventory, listed homes, home prices, median sales price, average list price

Source:
Realtor.com

Reported by Chris Moore

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.
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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

The number of homes listed for sale in September fell for the first time since January according to the latest housing data of 146 metro areas released by Realtor.com.

The total number of existing homes listed for sale fell 1.68 percent from August to September with 1,944,018 single-family homes, condos, townhomes, and co-ops listed for sale during the month. The decline in inventory follows a 0.93 percent increase from July to August. Compared to a year ago, there were still 2.04 percent fewer homes available for purchase during the month, but that number continues to shrink monthly.

The median list price for an existing home in September was $199,500, down 0.20 percent from August but still 6.4 percent higher than September of last year.

California still continued to dominate in the areas with the most improved year-over-year increase in list prices by placing six in the top ten, including two in the top five. Detroit showed the most improvement with a 44.57 percent increase in annual list prices followed by the Stockton-Lodi area in California with a 41.12 improvement and the Santa Barbara-Santa Maria-Lompoc area with a year-over-year gain of 32.10 percent.

Cities from Nevada rounded out the top five with Las Vegas posting a 30.69 percent gain followed by the Reno area with a 29.63 improvement over last year.

The area’s suffering the greatest decline in median list prices were the Acton, OH (-5.20%), South Bend, IN (-4.90%), Springfield, IL (-4.17%), the Cleveland-Lorain-Elria area of Ohio (-4.00%) and Cedar Rapids, IA (-3.45%).

List prices are not necessarily indicative of selling prices, but may signal market sentiment by sellers. All together, 115 of the areas saw an increase in list prices, while seven areas were unchanged from the previous year.

The average number of days that an existing home spent on the market increased to 93 in September from 92 in August but was down from 104 days in September of last year. Thirty-four out of the 146 metropolitan areas required 100 or more days to sell a home which was down from 38 the previous month.

Residents selling their homes in the southern region of South Carolina continued to wait the longest to sell their homes, averaging 174 days on the market. Residents in Oakland had the shortest wait for the 24th consecutive month, averaging 28 days on the market.

Tags: housing inventory, listed homes, home prices, median sales price, average list price

Source:
Realtor.com

Reported by Chris Moore

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

The number of homes listed for sale in September fell for the first time since January according to the latest housing data of 146 metro areas released by Realtor.com.

The total number of existing homes listed for sale fell 1.68 percent from August to September with 1,944,018 single-family homes, condos, townhomes, and co-ops listed for sale during the month. The decline in inventory follows a 0.93 percent increase from July to August. Compared to a year ago, there were still 2.04 percent fewer homes available for purchase during the month, but that number continues to shrink monthly.

The median list price for an existing home in September was $199,500, down 0.20 percent from August but still 6.4 percent higher than September of last year.

California still continued to dominate in the areas with the most improved year-over-year increase in list prices by placing six in the top ten, including two in the top five. Detroit showed the most improvement with a 44.57 percent increase in annual list prices followed by the Stockton-Lodi area in California with a 41.12 improvement and the Santa Barbara-Santa Maria-Lompoc area with a year-over-year gain of 32.10 percent.

Cities from Nevada rounded out the top five with Las Vegas posting a 30.69 percent gain followed by the Reno area with a 29.63 improvement over last year.

The area’s suffering the greatest decline in median list prices were the Acton, OH (-5.20%), South Bend, IN (-4.90%), Springfield, IL (-4.17%), the Cleveland-Lorain-Elria area of Ohio (-4.00%) and Cedar Rapids, IA (-3.45%).

List prices are not necessarily indicative of selling prices, but may signal market sentiment by sellers. All together, 115 of the areas saw an increase in list prices, while seven areas were unchanged from the previous year.

The average number of days that an existing home spent on the market increased to 93 in September from 92 in August but was down from 104 days in September of last year. Thirty-four out of the 146 metropolitan areas required 100 or more days to sell a home which was down from 38 the previous month.

Residents selling their homes in the southern region of South Carolina continued to wait the longest to sell their homes, averaging 174 days on the market. Residents in Oakland had the shortest wait for the 24th consecutive month, averaging 28 days on the market.

Tags: housing inventory, listed homes, home prices, median sales price, average list price

Source:
Realtor.com

Reported by Chris Moore

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