Contracts to purchase previously owned U.S. homes unexpectedly fell in February for an eighth. Economists consider pending home sales a leading indicator because they track contract signings..
· Sales of previously owned U.S. homes unexpectedly climbed in October to the highest level since February 2007, a sign of momentum in the housing market a month before a jump in borrowing costs.
At the current pace, it would take 3.4 months to sell the homes on the market, compared with 3.2 months in December and 3.6 months in January 2017. The Realtors group considers a normal market at six to seven months’ supply. Single-family home sales fell 3.8% to an annual rate of 4.76 million, the lowest since July 2016.
Nonbank mortgage employment gets a surprise bump Brian Collins | National Mortgage News Journalist | Muck Rack – Nonbank mortgage employment gets a surprise bump By Brian Collins nationalmortgagenews.com – WASHINGTON – Employment in the nonbank mortgage lender and brokerage sector unexpectedly rose in February after several months of layoffs.Berkshire Hathaway JV Berkadia buys Central Park Capital Partners Keystone was founded in 2007 by Managing Partners Charlie Williams and. to help both current and prospective clients.” A joint venture of Berkshire Hathaway Inc. and Leucadia National Corp.,
WASHINGTON, Feb 21 (Reuters) – U.S. home sales unexpectedly fell for a second straight month in January, weighed down by a persistent shortage of houses that is pushing up prices and keeping first.
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New home sales decreased significantly in January, falling from 2017’s decade-high pace, according to the latest report from the U.S. Census Bureau and the U.S. Department of Housing and Urban.
BOULDER, CO – JANUARY 28: Apex 5510 is a high-end apartment. Like a flare in the night sky, metro Denver apartment vacancy rates unexpectedly soared in the.. rental units with row homes and condos and other for-sale homes, Falling mortgage rates have put some wind back into existing home.
Wholly owned Diamond Sports Group will raise $3.3B in term B loans due. GNL also sold 63 properties in the U.S. for gross proceeds of $74.2M and. Changing the tests from year to year will help the financial system to prepare for the unexpected,. The pound sterling fell to as low as $1.244 per U.S. dollar, down 0.6%.
CANADA: retail sales unexpectedly fell by 0.5% in December, with 9 of the 11 major subsectors registering declines, including a 0.9% drop for automobiles. Excluding autos, sales retreated 0.3% as.
Housing market remains sluggish in Canada despite March rebound Lenders tap their market know-how to save money on facilities · The UK housing market will remain "sluggish" despite a rise in house prices in March, according to the Nationwide building society. Nationwide’s latest housing survey found property prices.
Sales of Existing U.S. Homes Unexpectedly Fell in January. Bloomberg the Company & Its Products The Quint. Bloomberg. Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with.
Lenders scolded for climate ignorance in ‘insane’ Florida deals Climate. Lenders Scolded for Climate Ignorance in ‘Insane’ Florida Real Estate Deals. Bloomberg – Danielle Moran, Katia Porzecanski, Eric roston. hurricane michael killed seven people and caused more than $6 billion in damage in Florida in October, a toll compounded by warmer, higher seas and.
Highlights of January Existing-Home Sales Contract closings fell 3.2% month over month to 5.38 million annual rate (estimated 5.6 million) from 5.56 million; below all estimates in Bloomberg.