by Jeff Sorg | Jul 19, 2018 | Real Estate, Contractor, Mortgage
Housing Starts Collapse in June By Jeff Sorg, OnlineEd Blog (July 18, 2018) (Washington, D.C.) US Department of HUD – The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction...
by Jeff Sorg | Feb 9, 2018 | Mortgage, Real Estate
Share of consumers say it’s a good time to sell – buyer sentiment weakens By Jeff Sorg, OnlineEd Blog (January 9, 2018) (WASHINGTON, DC) Fannie Mae – The Fannie Mae Home Purchase Sentiment Index® (HPSI) rose 3.7 points in January to 89.5, reversing the decrease...
by Jeff Sorg | Jan 18, 2018 | Mortgage, Real Estate
Closing rates increased across the board with closing rates on all loans increasing from 70.9 percent to 71.2 percent By Jeff Sorg, OnlineEd Blog (January 18, 2018) (PLEASANTON, Calif.) Ellie Mae – The percentage of refinances rose to 40 percent of all closed loans,...
by Jeff Sorg | Jan 12, 2018 | Mortgage, Real Estate
The typical price increase for homes that sold above the listed price was 3.1 percent By Jeff Sorg, OnlineEd Blog (January 12, 2018) (SEATTLE, Jan. 11, 2018 /PRNewswire/) — Buyers paid more than the asking price in nearly one quarter (24 percent) of U.S. home...
by Jeff Sorg | Dec 22, 2017 | Mortgage, Real Estate
Median Sale Price Hits $377,100 By Jeff Sorg, OnlineEd Blog (December 22, 2017) (WASHINGTON, D.C. – HUD) Sales of new single-family houses in November 2017 were at a seasonally adjusted annual rate of 733,000. This is 17.5 percent (±10.4 percent) above the...