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
Monday, November 23, 2015
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
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
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