New home sales plunge 13% in July

UK property shortage intensifies as new listings slump 13% in July, with Glasgow and Edinburgh recording biggest falls. Glasgow and Edinburgh saw the biggest falls of 30% compared to June

Mortgage insurers prep for FHA premium increases Obama Administration stays cautious about mortgage-servicing issues WASHINGTON (Reuters) – The United States is making progress with China on outstanding issues overshadowing. the conference call said the administration would make a “robust” effort to advance the.In April, fha mortgage insurance premiums increased for all loan amounts, and it looks as though another increase has taken place. On June 11, 2012, monthly premiums went up another 25 basis points to 1.50%. This applies to buyers who are putting down between 3.5% and 5%.Monday Morning Cup of Coffee: Congressman tries to tackle eminent domain plans feds reissue checks related to the Independent Foreclosure Review Survey: 70% of lenders believe housing recovery is real 70% Of Millennials Have Less Than $1,000 Saved For Buying A. – A new survey has revealed that despite almost every millennial dreaming of home ownership, 70% Of Millennials Have Less Than $1,000 Saved For Buying A House.. Which is why it is only a matter of time before everyone throws in the towel on the housing recovery,The Independent Foreclosure Review Payment Agreement replaced the Independent Foreclosure Review requirement of the 2011 and 2012 Consent Orders issued by federal banking regulators against certain servicers that included case by case file reviews and instead provided cash payments to borrowers based on the type of possible financial injury.

News US New Home Sales Jump to Near 1-1/2-Year High Sales of new single-family houses in the United States rose 4.5 percent from the previous month to a seasonally adjusted annual rate of 692 thousand in March 2019, the highest level since November 2017, while markets had forecast a 2.5 percent fall to 650 thousand.

In 4Q18, sales of new homes on the coast were the weakest since the Great Recession, he said. Across the 85 metros, cities that saw the weakest activity in home sales were listed at a steep premium versus the median price, indicating demand for luxury real estate has collapsed.

Mortgage applications shoot up 14.8% "Mortgage applications for new homes continued to grow on a year over year basis in November, driven by continued improvement in the overall economy and job growth," said Lynn Fisher, MBA’s vice.

On Thursday, KB Home KBH, +2.13. sales rose or fell. It can take up to five months for a trend in sales to emerge. New-home sales have averaged 853,000 per month over the past five months, compared.

Second Quarter Home Sales Across Greater Vancouver Real Estate Hit 27 Year Low New-home sales plunge in July. After a strong spring, sales of newly built homes fell to a seven-month low in July, the U.S. Census Bureau reported on Wednesday. The annual pace of new-home sales was estimated at 571,000, down 9.4 percent from a June rate and 8.9 percent lower than the pace in July 2016, the Census Bureau said.

Two of China’s top three leading property developers saw their november sales plunge even after cutting prices by nearly. S&P Global Ratings and CGS-CIMB Securities. CICC said new home sales could.