Fewer Americans sign contracts to buy homes in April

May 27, 2021 Comments Off on Fewer Americans sign contracts to buy homes in April

FILE - A "sold" sign is posted on a home in Westfield, Ind., Friday, Sept. 25, 2020. On Thursday, Nov. 5, U.S. long-term mortgage rates were flat to lower this week, as the key 30-year rate fell to a new all-time low for the 12th time this year. (AP Photo/Michael Conroy)

Fewer Americans signed contracts to buy homes in April as a lack of supply continues to foil would-be buyers.

Offer to name first-born child not enough: In sizzling US housing market, demand and prices soar

May 25, 2021 Comments Off on Offer to name first-born child not enough: In sizzling US housing market, demand and prices soar

FILE - In this Thursday, Dec. 3, 2015, file photo, a home under construction and for sale is shown in Roswell, Ga. On Tuesday, July 26, 2016, the Commerce Department reports on sales of new homes in June. (AP Photo/John Bazemore, File)

America's housing market has grown so overheated, as demand outpaces supply, that prices keep hitting record highs — and about half of all U.S. houses are now selling above their list price.

Tagged with: home sales housing mortgage

Home sales fall to slowest pace in 3 years

October 19, 2018 Comments Off on Home sales fall to slowest pace in 3 years

FILE- In this Aug. 30, 2018, file photo a sale signs stand outside a home on the market in Denver. On Friday, Oct. 19, the National Association of Realtors reports on sales of existing homes in September. (AP Photo/David Zalubowski, File)

WASHINGTON — U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy. The National Association of Realtors said Friday that sales declined 3.4 percent last month, ...

Tagged with: home sales

Home prices rose in August even as sales slipped

October 31, 2017 Comments Off on Home prices rose in August even as sales slipped

U.S. home prices rose sharply in August from a year ago, a trend that is thwarting many would-be buyers and potentially slowing sales. The Standard & Poor’s CoreLogic Case-Shiller national home price index, released Tuesday, increased 6.1 percent in August ...

Tagged with: home sales

Average rate on 30-year mortgage dips

May 21, 2015 Comments Off on Average rate on 30-year mortgage dips

Average long-term U.S. mortgage rates edged slightly lower this week after rising for three straight weeks. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage ticked down to 3.84 percent this week from 3.85 percent ...

Tagged with: home sales mortgage rates

U.S. home sales rebound slightly in February

March 23, 2015 Comments Off on U.S. home sales rebound slightly in February

More Americans bought homes in February, but tight inventories, affordability problems and nasty winter weather point to sluggish sales in the coming months.

Tagged with: home sales Real Estate

U.S. home sales up in December, down for year

January 23, 2015 Comments Off on U.S. home sales up in December, down for year

ConnectRealty.com realtor Greg Gammonley, right, shows off a home to prospective buyer Maddie Coker last year in Orlando, Fla. (AP file photo)

The National Association of Realtors said Friday that sales of existing homes rose 2.4 percent last month to a seasonally adjusted annual rate of 5.04 million. But over the course of the entire year, sales fell 3.1 percent to 4.93 million.

Tagged with: Economy home sales interest rates National Association of Realtors