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Tuesday, December 22, 2015

Existing Home Sales Plunged in November, Signaling Tough Housing Market


U.S. Existing Home Sales posted their sharpest drop in 5 years in November, The National Association of Realtors said on Tuesday.

The sales number plummeted 10.5 percent to an annual rate of 4.76 million units, marking the sharpest decline since July 2010. In addition, October's sales pace was downgraded to 5.32 million units.

Economists are concerned that this could be a warning sign for the health of the US economy itself, let alone the US Housing Market.

What is worse is that the Fed just raised the interest rates this month for the first time in 9.5 years.  That will put pressure on retail buyers' borrowing (mortgages)  from the banks. That would potentially reduce sales going forward.

In this current condition, it is hard to sell you house fast.


However, there is always a way to have your house sold in a short time. As a local cash buyer, We Buy Houses "As Is" All Cash & Close Fast. For more info, please contact us at 1-888-282-0423, Ext. 1 or  visit our main website at WeBuyHousesbronx4Cash.com

   

Tuesday, December 1, 2015

Sell Your House Before Christmas & Start Afresh in 2016 !

If you are thinking about selling your house for any reason, please contact us NOW!

As a local cash buyer, We Buy Houses "As Is" ALL CASH in the Bronx and Brooklyn, NY and the surrounding areas in NYC. Most importantly we have enough cash available, so we can close very quickly within 5-10 days. 

There is NO FEE coming out of your pocket. We are NOT realtors, so you don't have to pay a 5-6% commission.

If you sign with us before December 15th, You Get Cash Before Christmas so that you can start afresh in the coming year of 2016!

Please call us at 1-888-282-0423. Ext.1
Happy Holidays to you all.



Monday, November 23, 2015

Another Weak Sign of Housing Market -- Existing Home Sales Fell in October

U.S Exsiting Home Sales fell more than expected in October, said The National Association of Realtors Monday.

The home sales declined 3.4 percent to an annual rate of 5.36 million units. Economists had expected a decline to 5.4 million, but the actual number came in even lower.

In the last article, I wrote that there is a concern about the US housing market, considering the weak Home Builders' Confidence number, released last week. And this fallling Existing Home Sales reassured us that the housing market will have more problems in the near future.

In this environment, it is hard to sell your house quickly. Most of the time, it will take a long time.


However, there is always a way. As a local Cash Home Buyer, We Buy Houses "As Is" All CASH & Close Fast(within 7-10 days).

For more info, please visit our main website: WeBuyHousesBronx4Cash.com

     

Thursday, November 19, 2015

Home Builders' Confidence Fell in November --- Housing Market Likely to Pull Back

Home Builder confidence fell in November, reported the National Association of Home Builders today.

It fell to 62 this month, compared to the market’s expectations of 65.

Of the index's three components, sales expectations over the next 6 months dropped the most, down 5 points to 70, as well as Current sales conditions fell 3 points to 67.

Professionals in the industry are NOT confident about the US Housing Market, going forward. We should be prepared for a pull back.

In this environment it will be harder to sell your house in the near future. If you intend to sell your house, you must act fast before the market experience a drop.


There is always a way to sell your house fast. As Local Cash Buyer in the Bronx, We Buy Houses “As Is” All Cash & Close Quickly. For more info, please visit our main website at WeBuyHousesNYC.com



Monday, October 26, 2015

New Home Sales Declined Sharply in September -- Another Negative Sign for the US Housing Market!

Sales of new homes plunged sharply in September to the slowest pace in 10 months, as slower overall economic growth weigh on the housing market.

The Commerce Department said Monday that new-home sales dropped 11.5% in September to a seasonally adjusted annual rate of 468,000, the lowest level since November of 2014.

It seems that the slowing economies including Europe and China have started to put a negative impact on US housing market as well.

As many economists predict that the economic growth in the Euro Area and Asian countries including China will dwindle much faster, we cannot be optimistic about the US Housing Market recovery.

In this environment, it is still hard to sell a house quickly.


However, there is always a way to have it sold in a short period of time. As a local Cash Buyer, We Buy Houses "As Is" & Close Fast. In many instances, within 7-10 days. For more info, please visit our website: WeBuyHousesBronx4Cash.com





Monday, October 19, 2015

We Buy Houses “AS IS” ALL CASH and Close Fast within 7 days. Get Cash BEFORE the Holiday Season!

The winter is already in the air. If you are thinking about selling your house, now is the time to act! In New York City (Brooklyn, the Bronx and Queens), the market has reached the peak and has been going sideways or even in some areas, the prices are going down.

Recently, the USstock market has been so volatile and the world economy (including China and Europe Union) have been obviously declining. In addition, soon the Fed will raise the rate. All of these are likely to affect the US Housing Market Negatively. You may get LESS CASH out of your house going forward.

Therefore, if you are interested in selling your house, it is good time to move now. And Get CASH BEFORE the Holiday Season kicks in and you will have a merrier Holiday Season this year.

As local CASH buyer, We Buy Houses “As Is” All Cash in the Bronx, Brooklyn & Queens and close very quickly, within 7-10 days in many instances.

Please contact us at 1-888-2828-0423 Ext.1 to get a Free Quote on your house today. For more info, please visit our main website at WeBuyHousesBrooklyn4Cash.com



Tuesday, September 29, 2015

US Housing Market Unfortunately Declining

US Housing Market is unfortunately heading south. Here are the proofs, released by the NAR(National Association of Realtors)

Existing home sales tumbled 4.8% in August to a 5.31 million seasonally adjusted annual rate, said the NAR last week, the steepest month-to-month decline since January, when they fell 4.9%.

On top of that, now fewer Americans signed contracts to buy homes in August, said the NAR this Monday, as its pending home sales index fell 1.4 percent to 109.4 last month. That means the existing home sales are going to go down in the near future.

These numbers indicate that US home sales lack the stamina and will head south going forward. Uncertainty in the world financial markets and the plunging stock markets cast doubts about buying homes at this moment for many people.

Considering the above, US home prices are likely to fall in the near future. Therefore if you want to sell your house, you’d better sell it now, rather than later.

Having said that, it is NOT easy to sell your house. Sometimes it takes 10-14 months. Because banks are still reluctant to lend money, regular home buyers cannot get a mortgage.
But there is always a way to sell your house quick for cash. As a Local Cash Investor, We Buy Houses As Is All Cash & Close within 10 days. For more info, please visit our main website: WeBuyHousesBrooklyn4Cash.com





Thursday, April 23, 2015

New Home Sales Tumbled in March, Signaling another Weakness in Housing Market

New U.S. single-family home sales in March recorded their biggest drop in more than 1-1/2 years, signaling another weakness sign for the housing market.

The Commerce Department said on Thursday sales declined 11.4 percent to a seasonally adjusted annual rate of 481,000 units. That was the biggest percent drop since July 2013.

New homes sales tumbled 33.3 percent in the Northeast and sales in the South dropped 15.8 percent, the biggest decline since July 2013.

In this kind of environment, it is still very hard to sell your house quickly, especially in the Bronx and most of Brooklyn where bank-owned properties(foreclosures) still are coming in to the market.
However, there is always a way to Have Your House Sold Fast. As a Local Cash Home Buyer, We Buy Houses AS IS All CASH & Close within 7-10 days. For more info, please visit our main website.





Wednesday, February 25, 2015

US Housing Market is NOT Solid --- Existing Home Sales 9 months low in January

Existing home sales slowed to their lowest rate in 9 months, the National Association of Realtors says.

Sales of existing homes fell 4.9% in January from December. The number of sales stood at a seasonally adjusted annual rate of 4.82 million in January, the lowest since May, which was of 4.9 million.

All major regions saw sales drops in January, with the Northeast (including NY) and West seeing the largest decreases.This indicate that the Brooklyn and the Bronx Housing Market are still Fragile, too.

In this kind of tough market, it's hard to sell your house soon.


However, there is always a way to have your house sold fast. As a local Cash investor, We Buy Houses "As Is" All Cash and Close Very Quickly. We buy houses in Any Condition & Any Situation.

For more info, please visit our main website at SellMyHouseFastBrooklyn.com