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Ishakis Finance Report Mortgage Broker Brooklyn

Loan Officer Yael Ishakis’s take on mortgage and finance news.

Tag: Existing Home Sales

Existing Home Sales Climb To A 20-Month Record

January’s home resales moved to a 20-month high — additional evidence that the nation’s housing recovery is underway.

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Published February 23, 2012
Categorized as Housing Analysis Tagged Existing Home Sales, Existing Home Supply, NAR

Existing Home Sales Approach Bull Market Territory

According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December’s Existing Home Sales climbed by 120,00 units overall from the month prior on its way to an 11-month high.

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Published January 24, 2012
Categorized as Housing Analysis Tagged Existing Home Sales, Existing Home Supply, NAR

What’s Ahead For Mortgage Rates This Week : January 23, 2012

The outlook for the U.S. economy improved last week, taking the mortgage bond market with it. For the first time this year, conforming mortgage rates rose from one week to the next.

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Published January 23, 2012
Categorized as Mortgage Rates Tagged Eurozone, Existing Home Sales, FOMC

Pending Home Sales Index Rises Back Above 100

Low home prices and mortgage rates have combined to push home affordability to record levels nationwide. Home buyers are taking advantage.

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Published December 30, 2011
Categorized as Housing Analysis Tagged Existing Home Sales, National Association of REALTORS®, Pending Home Sales Index

What’s Ahead For Mortgage Rates This Week : December 27, 2011

Mortgage markets worsened last week on renewed optimism from the Eurozone, additional evidence of a U.S. economic recovery, and ongoing strength in housing.

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Published December 27, 2011
Categorized as Mortgage Rates Tagged Eurozone, Existing Home Sales, Freddie Mac

Home Supplies Fall To 7.0 Months Nationwide; Buyer Demand Strong

Home resales moved to a 10-month high in November, the latest in a series of strong showings from the housing sector.

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Published December 22, 2011
Categorized as Housing Analysis Tagged Existing Home Sales, Existing Home Supply, Housing Starts

More Housing Strength : Pending Home Sales Surged In October

After 3 consecutive months of easing, the Pending Home Sales Index jumped 10 percent in October, lending credence to the belief that housing is in recovery.

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Published December 2, 2011
Categorized as Housing Analysis Tagged Existing Home Sales, National Association of REALTORS®, Pending Home Sales

More Sales, Less Inventory : Home Prices Headed Higher?

The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide.

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Published November 23, 2011
Categorized as Housing Analysis Tagged Existing Home Sales, Existing Home Supply, NAR

Pending Home Sales Index Slips For 4th Straight Month

Nationwide, fewer homes are going under contract to sell.

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Published October 28, 2011
Categorized as Housing Analysis Tagged Existing Home Sales, NAR, Pending Home Sales

Despite 18% Contract Failure Rate, Home Resales Stay Strong

According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, September’s Existing Home Sales eased by 150,000 units, falling to 4.91 million units nationwide.

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Published October 21, 2011
Categorized as Housing Analysis Tagged Contract Failure, Existing Home Sales, Existing Home Supply

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