June’s New Home Sales data is a major improvement over May, but gains are relative. It’s possible that the true “new home market” may be softer than the statistics suggest.
Tag Archive: New Home Sales
Nation’s Supply of New Homes Could Sell in 5 Month’s Time
At the current sales pace, the nation’s complete supply of new homes would be sold in just 5 month’s time. That’s more than double the pace of a year ago.
New Homes Sales Were Strong in March, But Not As Strong As The News Would Have You Believe
The sales of newly-built homes soared in March. Even more than what was expected. But the news may not be as glowing as what the media is telling us.
Single-Family Housing Starts Hold Steady For The 8th Straight Month
Single-family Housing Starts idled last month, dropping just 3,000 units from the month prior, or 0.2%. According to the Commerce Department’s report, February marked the 8th straight month in which Housing Starts straddled the half-million marker, dating back to June 2009.
As The Supply Of New Homes Grows, So Does The Opportunity For A “Good Deal”
New Home Sales fell 11 percent from the month prior and posted the fewest units sold in a month since 1963 — the year the government first started tracking New Home Sales data. It may be good for home buyers.
Winter Haven, Florida Weekly Mortgage Update: March 23, 2009
Winter Haven, Florida mortgage markets rallied to near record lows last week, thanks to the Federal Reserve’s pledge to buy $750 billion more mortgage-backed bonds in 2009.
