You're Now Reading:
Weekly Home Sales Continues Downward Trend
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Weekly Home Sales Continues Downward Trend
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Weekly Home Sales Continues Downward Trend
Mortgage Calculator
Mortgage Rates
Home Buying Tips
Home Selling Tips
About Mortgages
Mortgage Calculator
Mortgage Rates

February 7, 2012 (Chris Moore)

Weekly existing home sales volume saw another steep decline last week, the fourth consecutive week of losses, while home prices held steady according to the National Home Sales Snapshot released by DataQuick.

There were 145,440 properties sold over the previous thirty day rolling period ending February 2nd, down 3.3 percent from the previous week’s total of 150,375 properties sold and 9.6 percent lower than the 160,998 properties sold four weeks ago.

Sales volume has fallen 7.3 percent in the last two weeks alone and is down 23.7 percent from the current cycle peak of 190,688 sales on September 1st.

Last week’s home sales volume was 1.5 percent lower than the 147,597 homes sold during the same period a year ago but was still 7.9 percent higher than during the same period three years ago when 134,815 homes were sold.

The median price of a home sold over the same thirty day rolling period ending February 2nd remained unchanged from the previous week at $175,000 and is down 2.8 percent from a month ago.

Home prices were also 2.8 percent lower than the same period a year ago when the median price of a home was $180,000 and were 9.8 percent lower than the same period three years ago when the median price was $194,000.

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.

DataQuick National Snapshot 02-07-12

Tags: DataQuick, home sales, median home price, sales volume

Source:
DataQuick

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.
HOW
LOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at LoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
LOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Home Buying
Tips
Home Selling
Tips
About
Mortgages
Mortgage
Calculator
Mortgage
Rates

February 7, 2012 (Chris Moore)

Weekly existing home sales volume saw another steep decline last week, the fourth consecutive week of losses, while home prices held steady according to the National Home Sales Snapshot released by DataQuick.

There were 145,440 properties sold over the previous thirty day rolling period ending February 2nd, down 3.3 percent from the previous week’s total of 150,375 properties sold and 9.6 percent lower than the 160,998 properties sold four weeks ago.

Sales volume has fallen 7.3 percent in the last two weeks alone and is down 23.7 percent from the current cycle peak of 190,688 sales on September 1st.

Last week’s home sales volume was 1.5 percent lower than the 147,597 homes sold during the same period a year ago but was still 7.9 percent higher than during the same period three years ago when 134,815 homes were sold.

The median price of a home sold over the same thirty day rolling period ending February 2nd remained unchanged from the previous week at $175,000 and is down 2.8 percent from a month ago.

Home prices were also 2.8 percent lower than the same period a year ago when the median price of a home was $180,000 and were 9.8 percent lower than the same period three years ago when the median price was $194,000.

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.

DataQuick National Snapshot 02-07-12

Tags: DataQuick, home sales, median home price, sales volume

Source:
DataQuick

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.
HOW
LOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at LoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
LOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

February 7, 2012 (Chris Moore)

Weekly existing home sales volume saw another steep decline last week, the fourth consecutive week of losses, while home prices held steady according to the National Home Sales Snapshot released by DataQuick.

There were 145,440 properties sold over the previous thirty day rolling period ending February 2nd, down 3.3 percent from the previous week’s total of 150,375 properties sold and 9.6 percent lower than the 160,998 properties sold four weeks ago.

Sales volume has fallen 7.3 percent in the last two weeks alone and is down 23.7 percent from the current cycle peak of 190,688 sales on September 1st.

Last week’s home sales volume was 1.5 percent lower than the 147,597 homes sold during the same period a year ago but was still 7.9 percent higher than during the same period three years ago when 134,815 homes were sold.

The median price of a home sold over the same thirty day rolling period ending February 2nd remained unchanged from the previous week at $175,000 and is down 2.8 percent from a month ago.

Home prices were also 2.8 percent lower than the same period a year ago when the median price of a home was $180,000 and were 9.8 percent lower than the same period three years ago when the median price was $194,000.

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.

DataQuick National Snapshot 02-07-12

Tags: DataQuick, home sales, median home price, sales volume

Source:
DataQuick

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
LOANRATEUPDATE
WORKS
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.
ADVANTAGES OF USING
LOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.