New Home Sales fell 18 percent in December compared with one year ago, according to John Burns Real Estate Consulting, a California-based housing research and analytics firm, CNBC reported last week.
Also, sales were also down a steep 19 percent annually in November, according to JBRC's analysts.
This means, the US housing market has been very tough toward the end of 2018.In this kind of environment, it's very tough to sell your house fast.
However, there is always a way to Have your house sold quickly. As a local cash buyer, We Buy Houses in the Bronx & Brooklyn All CASH and Close within 7-10 Days
For more info, please visit our main website at WeBuyHousesNYC.com
Showing posts with label We Buy Houses Brooklyn NY. Show all posts
Showing posts with label We Buy Houses Brooklyn NY. Show all posts
Sunday, January 13, 2019
Sunday, November 11, 2018
Mortgage applications plunged to 4-year low as interest rates hit 8-year high - Tough Housing Market Ahead
Total mortgage application volume fell 4 percent last week from a week earlier and plunged 16 percent from a year ago, according to the Mortgage Bankers Association's index. Also, mortgage applications to purchase a home led the volume lower, falling 5 percent for the week to the lowest level in 2 years.
This is obviously due to the rising interest rates that are clearly scaring away potential homebuyers.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) increased to 5.15 percent. That is the highest rate since April 2010.
In this environment, it is hard to sell your house fast.
However, there is always a way to have your house sold quickly. We are local investors and We Buy Houses As Is All Cash & Close Fast.
Please email us at WeBuyHousesBronx4Cash.com and for more information, please visit our main website at WeBuyHousesBronx4Cash.
This is obviously due to the rising interest rates that are clearly scaring away potential homebuyers.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) increased to 5.15 percent. That is the highest rate since April 2010.
In this environment, it is hard to sell your house fast.
However, there is always a way to have your house sold quickly. We are local investors and We Buy Houses As Is All Cash & Close Fast.
Please email us at WeBuyHousesBronx4Cash.com and for more information, please visit our main website at WeBuyHousesBronx4Cash.
Saturday, November 3, 2018
New Home Sales Dropped 5.5 % to 2 Year Low
New home sales plunged in September, falling 5.5 percent to an almost two-year low due to the pressures from rising interest.
The Commerce Department reported that sales for the month came in at 553,000 on seasonally adjusted basis. That's 5.5 percent below the downward revised August rate of 585,000 and a 13.2 percent tumble from the 637,000 reported for the same period a year ago. September represented the worst month since December 2016.
In this environment, it is really hard to sell your house fast.
But there is always a way to sell your house fast for Cash. As a local cash buyer in the Bronx, We Buy Houses As Is for Cash and Close Quick.
If you are interested, please visit our website at WeBuyHousesNYC.com or email us at contact@WeBuyHousesNYC.com
The Commerce Department reported that sales for the month came in at 553,000 on seasonally adjusted basis. That's 5.5 percent below the downward revised August rate of 585,000 and a 13.2 percent tumble from the 637,000 reported for the same period a year ago. September represented the worst month since December 2016.
In this environment, it is really hard to sell your house fast.
But there is always a way to sell your house fast for Cash. As a local cash buyer in the Bronx, We Buy Houses As Is for Cash and Close Quick.
If you are interested, please visit our website at WeBuyHousesNYC.com or email us at contact@WeBuyHousesNYC.com
Saturday, January 28, 2017
US Home Sales Sharply Plunged in December 2016
US Existing Home Sales plunged in December.
Existing-home sales ran at a seasonally-adjusted annual pace of 5.49 million, the National Association of Realtors said this Tuesday. That was down 2.8% from November.
U.S. New Home Sales Drop Sharply in December as well, the Commerce Department said Thursday.
Last month’s fall of 10.4% from November was the steepest since March 2015.
Home buyers are facing headwinds from higher mortgage rates and uncertainty about tax policy. As a matter of fact, US mortgage rates jumped to 4.32% by the end of December from 3.5% in early November, according to mortgage company Freddie Mac.
In this environment, it is hard to sell your house fast.
However, there is always a way to sell your house fast. As a local cash home buyer, We Buy Houses As Is All CASH.
For more information, please visit our main website at WeBuyHousesBrooklyn4Cash.com
Existing-home sales ran at a seasonally-adjusted annual pace of 5.49 million, the National Association of Realtors said this Tuesday. That was down 2.8% from November.
U.S. New Home Sales Drop Sharply in December as well, the Commerce Department said Thursday.
Last month’s fall of 10.4% from November was the steepest since March 2015.
Home buyers are facing headwinds from higher mortgage rates and uncertainty about tax policy. As a matter of fact, US mortgage rates jumped to 4.32% by the end of December from 3.5% in early November, according to mortgage company Freddie Mac.
In this environment, it is hard to sell your house fast.
However, there is always a way to sell your house fast. As a local cash home buyer, We Buy Houses As Is All CASH.
For more information, please visit our main website at WeBuyHousesBrooklyn4Cash.com
Thursday, December 1, 2016
Can I Sell My House By Christmas or Year End? Yes, You Can!!!
If you have a house and are contemplating selling it quickly, you are in the right place.
As a local cash buyer in NYC, We Buy Houses "As Is" All Cash and Close Fast. In most instances, within 7-10 days. Sell your house fast and start afresh in the coming year of 2017 !!!!
If you have a clear title and if you contact us by the 2nd week of December, we can close by Christmas or Year End.
For a free quote, please call 1-888-282-0423, Ext. 1.
Or Email us at WeBuyHousesNYC@gmail.com. For more info, please visit our official website at WeBuyHousesBrooklyn4Cash.com Happy Holidays to you all !!!
As a local cash buyer in NYC, We Buy Houses "As Is" All Cash and Close Fast. In most instances, within 7-10 days. Sell your house fast and start afresh in the coming year of 2017 !!!!
If you have a clear title and if you contact us by the 2nd week of December, we can close by Christmas or Year End.
For a free quote, please call 1-888-282-0423, Ext. 1.
Or Email us at WeBuyHousesNYC@gmail.com. For more info, please visit our official website at WeBuyHousesBrooklyn4Cash.com Happy Holidays to you all !!!
Wednesday, August 24, 2016
Existing Home Sales Plunged in July, Signaling the Housing Market Coming Down...
Existing home sales decreased 3.2% last month from June to a seasonally adjusted rate of 5.39 million, the National Association of Realtors said Wednesday. It was the first time sales had decreased since February.
The sales were much lower than the market expectations (5.52 million) . And the existing home sales in July were down 1.6% from a year earlier.
It suggests that the US housing market has hit the top and now may be heading south.
In this kind of environment, it is getting harder to sell your house in a short time frame. In New York City, the average time frame to sell the house is like 10-12 months and it looks like getting longer now.
Having said that, there is always to have your house sold quick. As a Local Cash Buyer, We Buy Houses As Is All Cash and Close very quickly. In many instances, we can close within 7-10 days.
For more information, please visit our main website at WeBuyHousesBronx4Cash.com
The sales were much lower than the market expectations (5.52 million) . And the existing home sales in July were down 1.6% from a year earlier.
It suggests that the US housing market has hit the top and now may be heading south.
In this kind of environment, it is getting harder to sell your house in a short time frame. In New York City, the average time frame to sell the house is like 10-12 months and it looks like getting longer now.
Having said that, there is always to have your house sold quick. As a Local Cash Buyer, We Buy Houses As Is All Cash and Close very quickly. In many instances, we can close within 7-10 days.
For more information, please visit our main website at WeBuyHousesBronx4Cash.com
Sunday, July 10, 2016
New Home Sales Fell Sharply in May, suggesting Still Volatile Market Ahead
New-home sales declined 6% in May to a seasonally adjusted rate of 551,000 from a downwardly revised 586,000 in April, the Commerce Department said late last month.
Northeast (including NY) sales slumped 33% from April to May while the West suffered a 15.6% decline.
Considering the data, the US housing market is still volatile and still not out of the woods yet. No wonder it is hard to sell your house in Brooklyn and the Bronx quickly.
Having said that, there is always a way to have your house sold fast. As a local cash buyer, We Buy Houses "As Is" All Cash and Close within 7-10 days.
For more information, please visit our main website at SellMyHouseBronx.com
Northeast (including NY) sales slumped 33% from April to May while the West suffered a 15.6% decline.
Considering the data, the US housing market is still volatile and still not out of the woods yet. No wonder it is hard to sell your house in Brooklyn and the Bronx quickly.
Having said that, there is always a way to have your house sold fast. As a local cash buyer, We Buy Houses "As Is" All Cash and Close within 7-10 days.
For more information, please visit our main website at SellMyHouseBronx.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.
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.
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
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
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
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
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.
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
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
Tuesday, December 23, 2014
New Home Sales Fell for a Second month! - US Housing Market is Still Weak
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
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
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
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