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
Tuesday, September 29, 2015
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.
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