Freddie Mac outlook: Housing activity remains stale

NAR existing home sales increase 2.1% in October Todd Mobraten announces resignation from USRES, RES.NET Century 21 real estate announces Agreement with RES.NET – Century 21 Real Estate Announces Agreement with RES.NET. Share This Post Now!. "We’re very excited about this new relationship," says Todd Mobraten, COO of USRES, the parent company to.Total housing inventory at the end of November decreased to 1.74 million, down from 1.85 million existing homes available for sale in October – that’s an increase from 1.67 million a year ago, however. Unsold inventory is at a 3.9-month supply at the current sales pace, down from 4.3 last month and up from 3.5 a year ago.

Freddie Mac Pulls a 180 in Housing Outlook May 25 2017, 11:03AM Rather than taking a step back this year, home sales now seem ready to best their 2016 numbers.

NAR: Pending home sales up 10.3% from last year On a year-over-year basis, the index was down by 4.1 percent. On a regional basis, the PHSI in the Northeast surged 10.3 percent to 96.0 in February, while the Midwest index saw a modest 0.7 percent.

Freddie Mac’s chief economist, said in a statement. "Moving into summer, we expect rates to be about a quarter to half a percentage point lower than where they were last year, which is good news for.

Housing Sales slumped 8.5% from one year ago, the lowest sales since 2015. Prices still rose another 2.8% to a median of $247,500 nationwide. The real story was the drop in lower priced homes as depicted in this graphic from NAR. With low mortgage rates, it’s believed sales will once again grow. 60,000 more homes were on the market.

If current trends hold steady, this year could prove to be a banner year for housing, Freddie Mac said in a new report. In Freddie Mac’s new monthly outlook report. the impact of Brexit in recent.

Opinions, estimates, forecasts and other views contained in this document are those of Freddie Mac’s Economic & Housing Research group, do not necessarily represent the views of Freddie Mac or its management, should not be construed as indicating Freddie Mac’s business prospects or expected results, and are subject to change without notice.

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Mortgage Market Stays the Course – Freddie Mac – After softening for much of 2018, the housing market remains stable after a. We have begun breaking out our housing starts forecast into.

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Sam Khater, Freddie Mac’s chief economist, says, "Our outlook for the housing market remains largely unchanged. "Additionally, our quarterly report on refinance activity shows that few U.S..

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