Sales of New U.S. Single-Family Homes fell for a second straight month in November, a sign that the housing market recovery remains fragile.
The Commerce Department said on Tuesday that new home sales declined 1.6 percent to a seasonally adjusted annual rate of 438,000 units. Economists had forecast the sales rising to a 460,000-unit pace last month.
On top of that, the October Sales were revised down to 445,000 units from 458,000 units.
Considering these numbers, the US Housing Market is fragile. And bank lending is still tight.
Therefore, it is hard to sell your house quickly, especially where we have lots of bank-owned properties(foreclosed houses), like in the Bronx and in Brooklyn, NY.
However, there is always a way to Sell your house Fast. As a local Cash Investor, We Buy Houses "As Is" All Cash and Close Quickly. In many instances, in 7-10 days.
If you have any interest in selling your house today, please contact us at 1-888-282-0423. Or just email us from this blog. For more info, please visit our official website WeBuyHousesBronx4Cash.com
Tuesday, December 23, 2014
Wednesday, November 12, 2014
Sell My House Before Thanksgiving & Christmas, and Get All Cash? Yes, You Can!!!
Thanksgiving and Christmas is coming soon. But there is still plenty of time to Sell Your House Before these Holidays! Just GET CASH out of it and ENJOY THE HOLIDAY SEASON.
As a local Cash Investor, We Buy Houses in Any Condition for CASH and Close Very Quickly.
We own properties throughout Brooklyn and the Bronx. We are looking to buy more, especially in Bedstuy, Bushwick, Cypress Hills in Brooklyn and Baychester in the Bronx and other areas surrounding.
In many instances, We Can Close within 7-10 Days. Therefore you still have plenty of time before Christmas, even before Thanksgiving.
Please contact us at 1-888-282-0423 Ext. 1. And get a FREE QUOTE. We make a Cash Offer within 48 hours.
For more info, visit our main website at WeBuyHousesBronx4Cash.com
As a local Cash Investor, We Buy Houses in Any Condition for CASH and Close Very Quickly.
We own properties throughout Brooklyn and the Bronx. We are looking to buy more, especially in Bedstuy, Bushwick, Cypress Hills in Brooklyn and Baychester in the Bronx and other areas surrounding.
In many instances, We Can Close within 7-10 Days. Therefore you still have plenty of time before Christmas, even before Thanksgiving.
Please contact us at 1-888-282-0423 Ext. 1. And get a FREE QUOTE. We make a Cash Offer within 48 hours.
For more info, visit our main website at WeBuyHousesBronx4Cash.com
Monday, September 22, 2014
US Existing Home Sales Fell in August, signaling US Housing Market Hit a Soft Patch Again!!!
U.S. existing-home sales fell for the first time in five months in August, a sign the housing market hit a soft patch.
Sales of previously owned homes fell 1.8% in August from July to a seasonally adjusted annual rate of 5.05 million, the National Association of Realtors said Monday, less than, 5.2 million that had been expected. Compared with a year earlier, sales declined 5.3%.
In addition, sales in July were revised downwards to 5.14 million from the initially reported 5.15 million.
In this kind of environment it is NOT easy sell your house fast for cash. Especially in the Bronx or in Brooklyn NY, where tens of thousands of houses are still facing foreclosures.
However, there is alway a way to Sell Your House Quickly. As a local Cash Home Buyer, We Buy Houses "As Is" All Cash & Close Quickly. For more info, please visit our main website at WeBuyHousesNYC.com
Sales of previously owned homes fell 1.8% in August from July to a seasonally adjusted annual rate of 5.05 million, the National Association of Realtors said Monday, less than, 5.2 million that had been expected. Compared with a year earlier, sales declined 5.3%.
In addition, sales in July were revised downwards to 5.14 million from the initially reported 5.15 million.
In this kind of environment it is NOT easy sell your house fast for cash. Especially in the Bronx or in Brooklyn NY, where tens of thousands of houses are still facing foreclosures.
However, there is alway a way to Sell Your House Quickly. As a local Cash Home Buyer, We Buy Houses "As Is" All Cash & Close Quickly. For more info, please visit our main website at WeBuyHousesNYC.com
Tuesday, July 29, 2014
US Housing Market is Declining Again
U.S. single-family home prices fell unexpectedly in May, declining for the first time in more than two years in the latest signal of the wobbly state of the housing market.
The S&P/Case Shiller composite index of 20 metropolitan areas declined 0.3 percent in May on a seasonally adjusted basis, its first fall since January 2012. Since economists forecast a gain of 0.2 percent, it was a negative surprise.
The U.S. housing market has been struggling for much of 2014, a lull blamed early in the year on harsh winter weather, but softness has persisted into the spring and summer, and many economists now expect housing to drag on economic growth this year.
In this tough market, it is hard to sell your house quickly.
However, there is always a way to have your house sold for Cash Fast. As a local Cash investor, We Buy Houses "As Is" All Cash & Close Quickly.
Please contact us if you are interested in selling your house in the Bronx & Brooklyn. For more info, please visit our main website.
The S&P/Case Shiller composite index of 20 metropolitan areas declined 0.3 percent in May on a seasonally adjusted basis, its first fall since January 2012. Since economists forecast a gain of 0.2 percent, it was a negative surprise.
The U.S. housing market has been struggling for much of 2014, a lull blamed early in the year on harsh winter weather, but softness has persisted into the spring and summer, and many economists now expect housing to drag on economic growth this year.
In this tough market, it is hard to sell your house quickly.
However, there is always a way to have your house sold for Cash Fast. As a local Cash investor, We Buy Houses "As Is" All Cash & Close Quickly.
Please contact us if you are interested in selling your house in the Bronx & Brooklyn. For more info, please visit our main website.
Sunday, July 13, 2014
Wells Fargo's Earnings Show US Housing Market is Still NOT Out of the Woods
Wells Fargo, the country’s No. 1 producer of refinancing and home-purchase loans, reported the second quarter earnings Friday.
It says that it originated $47 billion in residential mortgages in the Q2 quarter,a steep drop (58%)from the $112 billion in home loans made a year earlier.
This means the US Housing Market recovery is in still a precarious situation. We will have to watch this number again for the third quarter, to see how the market is doing.
In this environment, it is still hard to sell your house fast.
However, there is always to have your house sold quickly. As local cash buyer, We Buy Houses "As Is" All Cash & Close Quickly. To get more info, please visit our main website at http://www.sellmyhousebronx.com
It says that it originated $47 billion in residential mortgages in the Q2 quarter,a steep drop (58%)from the $112 billion in home loans made a year earlier.
This means the US Housing Market recovery is in still a precarious situation. We will have to watch this number again for the third quarter, to see how the market is doing.
In this environment, it is still hard to sell your house fast.
However, there is always to have your house sold quickly. As local cash buyer, We Buy Houses "As Is" All Cash & Close Quickly. To get more info, please visit our main website at http://www.sellmyhousebronx.com
Thursday, May 29, 2014
Pending Home Sales in April Missed Expectations!!!
Warmer weather did NOT cause a meaningful surge in home sales, according to the National Association of Realtors (NAR).
Pending Home Sales, or signed contracts to buy existing homes increased just 0.4 percent in April, missing the market expectations of a 2 percent gain.
In addition, the sales are now 9.2 percent LOWER than April of 2013.
After the long very cold winter, April should have seen the benefit of pent-up demand. However it was not as good as expected. Signed contracts in April are a forward-looking indicator for closed sales in May and June. Therefore, quite a few economists worry about the near-term housing trend.
In this situation, it is still hard to sell your house quickly.
However, there is always a way to have your house sold fast. As local Cash Homebuyer, We Buy Houses "As Is" All Cash and Close within 10 Days.
For more info, please visit our main website at Sell My House Brooklyn NY
Pending Home Sales, or signed contracts to buy existing homes increased just 0.4 percent in April, missing the market expectations of a 2 percent gain.
In addition, the sales are now 9.2 percent LOWER than April of 2013.
After the long very cold winter, April should have seen the benefit of pent-up demand. However it was not as good as expected. Signed contracts in April are a forward-looking indicator for closed sales in May and June. Therefore, quite a few economists worry about the near-term housing trend.
In this situation, it is still hard to sell your house quickly.
However, there is always a way to have your house sold fast. As local Cash Homebuyer, We Buy Houses "As Is" All Cash and Close within 10 Days.
For more info, please visit our main website at Sell My House Brooklyn NY
Thursday, May 22, 2014
Existing Home Sales in April came in Below Market's Expectations
Existing home sales were seasonally adjusted rate of 4.65 million, the National Association of Realtors said Thursday. It is a little below the market consensus of 4.66 million.
And the pace is almost 7% below April 2013.
"Current price data suggests a trend of slower growth," said Lawrence Yun, chief economists of the National Association of Realtors.
In this market, it is still NOT easy to sell your house quickly.
However, There is always a way to have your house sold fast for CASH. As a local Brooklyn Cash Home Buyer, We Buy Houses "As Is" and Close Very Quickly. In many instances, within 7-10 days.
For more info, please visit our main website: Sell-My-House-Brooklyn-NY.com
And the pace is almost 7% below April 2013.
"Current price data suggests a trend of slower growth," said Lawrence Yun, chief economists of the National Association of Realtors.
In this market, it is still NOT easy to sell your house quickly.
However, There is always a way to have your house sold fast for CASH. As a local Brooklyn Cash Home Buyer, We Buy Houses "As Is" and Close Very Quickly. In many instances, within 7-10 days.
For more info, please visit our main website: Sell-My-House-Brooklyn-NY.com
Tuesday, April 29, 2014
Pending Home Sales Declined from One Year Ago
Pending Home Sales, a gauge of upcoming home sales, ticked higher in March after eight straight months of declines said The National Association of Realtors Monday.
However, the pending home sales were down 7.9% compared with March 2013. The year-over-year decline indicates that would-be buyers are still struggling with prices and mortgage rates that are higher than a year earlier.
Considering the above, economists claim that the housing market is still in weak conditions.
In this kind of environment, it is hard to sell your house.
However, there is always a way to Sell Your House Quickly for CASH. As a local CASH Home buyer in Brooklyn NY, We Buy Houses "As Is" All CASH and Close Fast.
For more info, please visit our main website.
However, the pending home sales were down 7.9% compared with March 2013. The year-over-year decline indicates that would-be buyers are still struggling with prices and mortgage rates that are higher than a year earlier.
Considering the above, economists claim that the housing market is still in weak conditions.
In this kind of environment, it is hard to sell your house.
However, there is always a way to Sell Your House Quickly for CASH. As a local CASH Home buyer in Brooklyn NY, We Buy Houses "As Is" All CASH and Close Fast.
For more info, please visit our main website.
Wednesday, April 23, 2014
New & Existing Home Sales are Very Weak, A Bad Sign for the Market
Sales of New Single-Family Homes Dropped Sharply in March, falling 14.5% to their weakest level since mid-2013, the Census Bureau said Today.
The annual sales rate was 384,000, down from February's revised pace of 449,000. That is far less than 450,000 estimated by economists.
Although the housing market typically improves this time of year, the spring buying season has shown NO strength so far this year.
In addition, The National Association of Realtors reported Tuesday that Existing Home Sales in March fell 0.2% to an annual rate of 4.59 million. That was the third straight monthly decline and the lowest since July 2012.
In this tough housing market, especially in the Bronx and Brooklyn NY, it's hard to sell your house.
However there is always a way to have it sold Quickly. As local Cash Home Buyer, We Buy Houses As Is All CASH. Please visit our main website SellMyHouseBronxCash.com for more details.
The annual sales rate was 384,000, down from February's revised pace of 449,000. That is far less than 450,000 estimated by economists.
Although the housing market typically improves this time of year, the spring buying season has shown NO strength so far this year.
In addition, The National Association of Realtors reported Tuesday that Existing Home Sales in March fell 0.2% to an annual rate of 4.59 million. That was the third straight monthly decline and the lowest since July 2012.
In this tough housing market, especially in the Bronx and Brooklyn NY, it's hard to sell your house.
However there is always a way to have it sold Quickly. As local Cash Home Buyer, We Buy Houses As Is All CASH. Please visit our main website SellMyHouseBronxCash.com for more details.
Thursday, April 10, 2014
How Can I Sell My Brooklyn Home for Cash Fast? We Buy Houses As Is CASH & Close Quickly
"How Can I Sell My House Fast in this tough housing market?" You may be wondering.
The Truth is that it is totally possible.
As a local Brooklyn Cash Homebuyer, We Buy Houses "As Is" All CASH and Close Quickly. In many instances, within 7 days or even less.
Why wait 8-10 months listing with a real estate agent and pay a 6% commission?
With us, You Can Get All Cash NOW
Behind on your mortgage payments? Facing Divorce, Jobloss, Relocation, Double payment or Sudden illness, Probate, Estate sale? Your house has been on the market for 120 days & still NOT Selling? Tired of Bad Tenants or Property maintenance? Whatever the reason, we will work with you.
Even handyman specials (houses that need a lot of work) or houses with NO Equity ("under-water" or "short sales")are No Problem for us.
For more details, please visit our main website: SellMyHouseFastBrooklyn.com
Or Call Us at 718-280-1422.
Let us help you, so that you can start afresh with All the CASH in hand!
The Truth is that it is totally possible.
As a local Brooklyn Cash Homebuyer, We Buy Houses "As Is" All CASH and Close Quickly. In many instances, within 7 days or even less.
Why wait 8-10 months listing with a real estate agent and pay a 6% commission?
With us, You Can Get All Cash NOW
Behind on your mortgage payments? Facing Divorce, Jobloss, Relocation, Double payment or Sudden illness, Probate, Estate sale? Your house has been on the market for 120 days & still NOT Selling? Tired of Bad Tenants or Property maintenance? Whatever the reason, we will work with you.
Even handyman specials (houses that need a lot of work) or houses with NO Equity ("under-water" or "short sales")are No Problem for us.
For more details, please visit our main website: SellMyHouseFastBrooklyn.com
Or Call Us at 718-280-1422.
Let us help you, so that you can start afresh with All the CASH in hand!
Friday, March 21, 2014
Existing Home Sales Dropped in February to a 19 month-low
U.S. home resales dropped in February to a 19 month-low as cold weather and a shortage of homes for sale continued to sideline potential buyers. And the rising mortgage rates are also to blame.
The National Association of Realtors said on Thursday home sales dropped 0.4 percent to an annual rate of 4.60 million units, the lowest level since July 2012. And it is 7.1% below the pace one year earlier.
In this current housing market condition, it is Still Hard to Sell Your House Quickly especially, in the local Brooklyn Area such as Bushwick, Bedstuy, Cypress Hills or in the Bronx (Baychester area) where there are many foreclosure properties pressuring down the values of the NON-foreclosure houses.
However, there is always a way to Have Your House Sold Fast. As a local cash investor, We Buy Houses in Any Condition & Situation and Close Quickly.
We are NOT real estate agents that are interested in listing your house. WE BUY HOUSES. In fact, if you do business with us, you will NOT have to pay the 6% commission.
If you are interested in selling your house, please contact us. For more info, please visit our main website or call us at 1-888-282-0423. Ext. 1.
The National Association of Realtors said on Thursday home sales dropped 0.4 percent to an annual rate of 4.60 million units, the lowest level since July 2012. And it is 7.1% below the pace one year earlier.
In this current housing market condition, it is Still Hard to Sell Your House Quickly especially, in the local Brooklyn Area such as Bushwick, Bedstuy, Cypress Hills or in the Bronx (Baychester area) where there are many foreclosure properties pressuring down the values of the NON-foreclosure houses.
However, there is always a way to Have Your House Sold Fast. As a local cash investor, We Buy Houses in Any Condition & Situation and Close Quickly.
We are NOT real estate agents that are interested in listing your house. WE BUY HOUSES. In fact, if you do business with us, you will NOT have to pay the 6% commission.
If you are interested in selling your house, please contact us. For more info, please visit our main website or call us at 1-888-282-0423. Ext. 1.
Monday, March 17, 2014
Home Builders are NOT Optimistic About Housing Market in March 2014
U.S. home builders remained cautious about the housing market in March.
Builder confidence in the market for single-family homes is seasonally adjusted 47 in March, the National Association of Home Builders said Monday. Any Readings below 50 indicate that more builders view conditions as poor than good.
Considering that the index in February had recorded the biggest one-month decline in history, economists now are more concerned about the future of the US Housing Market.
In this condition, it is still hard to Sell Your House Quickly especially in the local Brooklyn NY and the Bronx NY area (Bushwick, Bed-stuy, Cypress Hills, Baychester) where a lot of foreclosure properties are pressuring down the values of the Non-foreclosure homes.
However, there is always a way to have your house sold fast for cash. As a Local Cash Buyer, We Buy Houses in Any Condition & Situation and Close Quickly. We take Your House in the "AS IS" condition
For more info, please visit our main website: WeBuyHousesBrooklyn4Cash.com
Monday, March 3, 2014
Key Housing Number Fell in January: Another Sign of still Weak Market
Existing home sales in January fell to the lowest level in 18 months as extreme winter weather continued to pummel the housing market.
Sales of existing homes declined 5.1% from December to a seasonally adjusted annual rate of 4.62 million, the National Association of Realtors said Friday.
January sales also were down 5.1% from January 2013.
"Disruptive and prolonged winter weather patterns across the country are impacting a wide range of economic activity, and housing is no exception," said NAR Chief Economist Lawrence Yun.
Yet Yun also cited other obstacles, including tight credit, higher prices, higher mortgage rates and limited inventory.
In this "current" condition, it's still very hard to sell your house quickly.
However, there is always a way to Sell Your House Fast for Cash. As a local cash buyer, We Buy Houses "As Is" All CASH & Close Quickly.
Especially Bushwick, Bedstuy, Cypress Hills in Brooklyn NY or Baychester in the Bronx and the surrounding areas.
For more details, please visit our main website at WeBuyHousesBrooklyn4Cash.com
Sales of existing homes declined 5.1% from December to a seasonally adjusted annual rate of 4.62 million, the National Association of Realtors said Friday.
January sales also were down 5.1% from January 2013.
"Disruptive and prolonged winter weather patterns across the country are impacting a wide range of economic activity, and housing is no exception," said NAR Chief Economist Lawrence Yun.
Yet Yun also cited other obstacles, including tight credit, higher prices, higher mortgage rates and limited inventory.
In this "current" condition, it's still very hard to sell your house quickly.
However, there is always a way to Sell Your House Fast for Cash. As a local cash buyer, We Buy Houses "As Is" All CASH & Close Quickly.
Especially Bushwick, Bedstuy, Cypress Hills in Brooklyn NY or Baychester in the Bronx and the surrounding areas.
For more details, please visit our main website at WeBuyHousesBrooklyn4Cash.com
Friday, February 21, 2014
How Can I Sell My Brooklyn House Fast for Cash? We Can Help You Very Quickly
"How can I Sell My House Quickly?" you may be wondering.
Because of divorce, relocation, job-loss, probate, facing foreclosure & financial difficulties, health issues, we have to liquidate our assets including houses. And sometimes it needs to be done very fast.
However, in this weak housing market, especially local Brooklyn area, where there are still so many foreclosures, it is a huge challenge to sell your house.
However, there is always a way to do it quickly. As a local Cash investor, We Buy Houses in Any Condition & Situation for CASH. And We Take it "As Is" & Close Fast. In many instances, within 7 days or even less.
Even if you owe bank more than your house is worth, we can deal with it via Shortsale.
We are NOT realtors. We are NOT interested in Listing your house. We "Buy Your House" in Brooklyn, NY, the Bronx, Queens, and the surrounding areas, so that You Can Start Afresh with CASH.
Please Call our Toll Free 24HR Recorded Message System and leave a message; 1-888-282-0423. Ext. 1.
Or Email us WeBuyHousesNYC@gmail.com
For more information, please visit our main website: SaganoEnterprises.com
Because of divorce, relocation, job-loss, probate, facing foreclosure & financial difficulties, health issues, we have to liquidate our assets including houses. And sometimes it needs to be done very fast.
However, in this weak housing market, especially local Brooklyn area, where there are still so many foreclosures, it is a huge challenge to sell your house.
However, there is always a way to do it quickly. As a local Cash investor, We Buy Houses in Any Condition & Situation for CASH. And We Take it "As Is" & Close Fast. In many instances, within 7 days or even less.
Even if you owe bank more than your house is worth, we can deal with it via Shortsale.
We are NOT realtors. We are NOT interested in Listing your house. We "Buy Your House" in Brooklyn, NY, the Bronx, Queens, and the surrounding areas, so that You Can Start Afresh with CASH.
Please Call our Toll Free 24HR Recorded Message System and leave a message; 1-888-282-0423. Ext. 1.
Or Email us WeBuyHousesNYC@gmail.com
For more information, please visit our main website: SaganoEnterprises.com
Thursday, February 20, 2014
Housing Starts Tumbled in January -- Another Sign of Weak Housing Market
Home Construction Tumbled in January, the latest sign of cooling in the housing market.
U.S. housing starts fell 16% last month to a seasonally adjusted annual rate of 880,000, the lowest level since September, the Commerce Department said Wednesday. That was down from December rate of 1.05 million new homes built, marking the largest month-over-month decline since February 2011.
In addition, Building Permits, a sign of future construction, fell 5.4% to a seasonally adjusted annual rate of 937,000 last month from December.
a Winter weather likely dragged down the numbers in January but many economists think that there are other factors: US Housing Market is still weak and recovery is stalling.
In this situation, it is still to have your house sold Quickly.
However, there is always a way to Sell Your House Quickly. As a local cash buyer in Brooklyn NY, We Buy Houses in Any Condition & Situation for Cash and Close Quickly. For more info, please visit our main website at WeBuyHousesBrooklyn4Cash.com
U.S. housing starts fell 16% last month to a seasonally adjusted annual rate of 880,000, the lowest level since September, the Commerce Department said Wednesday. That was down from December rate of 1.05 million new homes built, marking the largest month-over-month decline since February 2011.
In addition, Building Permits, a sign of future construction, fell 5.4% to a seasonally adjusted annual rate of 937,000 last month from December.
a Winter weather likely dragged down the numbers in January but many economists think that there are other factors: US Housing Market is still weak and recovery is stalling.
In this situation, it is still to have your house sold Quickly.
However, there is always a way to Sell Your House Quickly. As a local cash buyer in Brooklyn NY, We Buy Houses in Any Condition & Situation for Cash and Close Quickly. For more info, please visit our main website at WeBuyHousesBrooklyn4Cash.com
Wednesday, February 19, 2014
Home Builder's Confidence Plunged in February -- Housing Market Still in the Woods
Sentiment among the nation's home builders fell dramatically in February. Home Builder Confidence fell 10 points, according to the National Association of Home Builders' monthly sentiment index, from 56 to 46—the largest drop in the history of the survey, which started in 1985.
Fifty is the line between positive and negative sentiment. The index has not been below 50 since May.
All 3 components of the measure dipped in February. The measure gauging current sales conditions fell 11 points to 51, the component gauging sales expectations over the next six months fell six points to 54, and the component measuring buyer traffic dropped nine points to 31.
"Significant weather conditions across most of the country led to a decline in buyer traffic last month," said the association's chairman.
However, rising interest rate and uncertainties of Job market also have affected the confidence.
In this housing market, it is still hard to Sell Your House. Especially in local Brooklyn NY areas where a lot of foreclosure properties exist.
However, there is always a way to have your house sold quickly. As local Brooklyn Cash Investors, We Buy Houses "As Is" All CASH. We are looking for houses to buy in Bushwick, Bedstuy, Cypress Hills and the surrounding areas in Brooklyn.
For more details, please visit our main website from here (WeBuyHousesBrooklyn4Cash.com)
Fifty is the line between positive and negative sentiment. The index has not been below 50 since May.
All 3 components of the measure dipped in February. The measure gauging current sales conditions fell 11 points to 51, the component gauging sales expectations over the next six months fell six points to 54, and the component measuring buyer traffic dropped nine points to 31.
"Significant weather conditions across most of the country led to a decline in buyer traffic last month," said the association's chairman.
However, rising interest rate and uncertainties of Job market also have affected the confidence.
In this housing market, it is still hard to Sell Your House. Especially in local Brooklyn NY areas where a lot of foreclosure properties exist.
However, there is always a way to have your house sold quickly. As local Brooklyn Cash Investors, We Buy Houses "As Is" All CASH. We are looking for houses to buy in Bushwick, Bedstuy, Cypress Hills and the surrounding areas in Brooklyn.
For more details, please visit our main website from here (WeBuyHousesBrooklyn4Cash.com)
Wednesday, February 12, 2014
US Housing Market Slowed Down in the 4th Quarter
US Housing Market is NOT out of the woods yet.
According to Wall Street Journal yesterday, "Many of U.S. real-estate markets started to cool in last year's fourth quarter as higher interest rates and sticker shock (Prices!) pushed some buyers to the sidelines.
Overall, the median price of an existing home rose 10.1% in the fourth quarter to $196,900 from a year earlier, according to data released by the National Association of Realtor. In the third quarter the median price rose 12.5%.
Obviously it slowed down. And as economists predict, interest rates will surge from now on. That would mean a big headwind for the US Housing Market.
In this current condition, it IS still hard to Sell Your House Quickly.
However, there is always a way to Have Your House Sold for CASH quickly As local CASH BUYER in Brooklyn, We Buy Houses in Any Condition & Situation. Please visit our main website for more details.
According to Wall Street Journal yesterday, "Many of U.S. real-estate markets started to cool in last year's fourth quarter as higher interest rates and sticker shock (Prices!) pushed some buyers to the sidelines.
Overall, the median price of an existing home rose 10.1% in the fourth quarter to $196,900 from a year earlier, according to data released by the National Association of Realtor. In the third quarter the median price rose 12.5%.
Obviously it slowed down. And as economists predict, interest rates will surge from now on. That would mean a big headwind for the US Housing Market.
In this current condition, it IS still hard to Sell Your House Quickly.
However, there is always a way to Have Your House Sold for CASH quickly As local CASH BUYER in Brooklyn, We Buy Houses in Any Condition & Situation. Please visit our main website for more details.
Friday, January 31, 2014
Pending Sales of U.S. Existing Homes Slump Most Since 2010
Contracts to purchase previously owned homes in the U.S. plunged in December by the most since May 2010 as higher borrowing costs and bad weather held back sales.
A gauge of pending home sales slumped 8.7 percent after a revised 0.3 percent drop in November, the National Association of Realtors said Thursday in Washington.
Tight inventory and unusually cold weather discouraged prospective buyers, according to the group.
This number shows that the US Housing Market is NOT out of the woods yet, still bumpy roads are expected ahead.
In this environment, it is still hard to sell your house quickly.
However, there is always a way to Sell Your Hour House for Cash Fast. As Cash Investors in the local Bronx, NY, We Buy Houses in Any Condition & Situation for CASH. For more information, please see details in our main website at WeBuyHousesBronx4Cash.com
A gauge of pending home sales slumped 8.7 percent after a revised 0.3 percent drop in November, the National Association of Realtors said Thursday in Washington.
Tight inventory and unusually cold weather discouraged prospective buyers, according to the group.
This number shows that the US Housing Market is NOT out of the woods yet, still bumpy roads are expected ahead.
In this environment, it is still hard to sell your house quickly.
However, there is always a way to Sell Your Hour House for Cash Fast. As Cash Investors in the local Bronx, NY, We Buy Houses in Any Condition & Situation for CASH. For more information, please see details in our main website at WeBuyHousesBronx4Cash.com
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