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Existing-home sales plummeted 7.1% in February, pointing to ongoing rockiness in a housing market struggling to find its footing. Sales ran at a seasonally adjusted annual rate of 5.08 million.
NAR said existing home sales plummeted by 6.4% to an annual rate of 4.99 million in December after jumping by 2.1% to a revised rate of 5.33 million in November. Economists had expected existing home.
WASHINGTON (MarketWatch) – After hitting their highest level in a year in October, sales of existing homes cooled in November, according to data released Monday. Sales of existing homes shrank 6.1% in.
It was the first monthly decline in year-over-year existing home sales since November, and much sharper than the 1.9 percent drop reported then, according to Illinois Realtors. The real estate trade.
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The housing market experienced a sharp drop in December as sales of existing homes fell 6.4 percent, the largest one-month decline in three years. On a year-over-year basis, sales fell more than.
(The median price for an existing home was $220,300 in November, up 6.3% from the same month last year, while housing inventories at the end of November fell 3.3% from October to 2.04 million.
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Southern California home sales plunged in November from a year earlier, while prices increased at the slowest pace in three years amid a housing market slowdown, reported los angeles Times. The 12% decline in November sales from a year earlier was the fourth consecutive monthly drop for the eight southern counties, including Imperial, Los Angeles, Orange, Riverside, San Bernardino, San Diego.
November existing home sales, according to the National Association of Realtors, plunged 10.5% from October to November. Note that this metric, as calculated, is the NAR’s "seasonally adjusted.
Southern California region home sales plunged in November from a year earlier, while year over year prices increased at the slowest pace in three years amid a housing market slowdown, reported Los Angeles Times. The 12% decline in November sales from a year earlier was the fourth consecutive monthly drop for the eight southern counties, including Imperial, Los Angeles, Orange,
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Sales of new U.S. homes plummeted 8.9 percent in October, as the number of newly built, unsold homes sitting on the market climbed to its highest level since 2009.
Information Stop: florida-mortgage-lender (For more helpful information, see When Should I Hire a Foreclosure Attorney?) When You Pay the First But Not the Second. If you default on your first mortgage, it is very likely that the first lender will foreclose. On the other hand, if you stop making payments on the second, you might-or might not-face a foreclosure.