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
Sunday, July 10, 2016
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.
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
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
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
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