Existing-home sales plummet 15.3% in May

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U.S. existing-home sales dropped in May for the second straight month and are now 15.3% below their level a year ago and 33.7% below their September 2005 peak, according to a report published by Standard & Poor’s (S&P). The rating service determined that despite mortgage rates being at 4.58% at the.

Existing home sales plummet 16.7% in December. Existing-home sales are recorded at the closing.. The new math of saving for retirement may boil down to this one, absurdly simple rule.

Buyers who thought they were getting around 4.25 percent in October may be hit with sticker shock when they realize what they can actually get. We’ve seen applications to refi plummet over. into a.

California Foreclosure Filings Drop 19%: ForeclosureRadar "Stanislaus County is further through the process than the rest of California," said Sean O’Toole, whose company ForeclosureRadar. Also encouraging is the drop in the number of homes entering the.

December Existing home sales plummet 16.7%. vince Veneziani. buyers may need to be prepared to move quickly on a particular home – the best advice is to begin working with a Realtor now to.

but even the 4.5% rate on a 30-year fixed-rate mortgage quoted by Fannie Mae this month — the lowest since December — haven’t helped year-to-date existing home sales plummet to 13% of what they were.

Existing-home sales fell 15.3% in May from a year ago, with the National Association of Realtors recording sales at the seasonally adjusted annual rate of 4.81 million units last month, down from.

Housing Market Worsens As New Home Sales Collapse The Day – Existing home sales plummet in December – News from. – Existing home sales plummet in December. Published February 01. 2019 12:01AM . By Day Marketing. The rate of existing home sales in the United States fell sharply in December, according to the.

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Illinois home sales rise 15.3% in October, as buyers seek bargains. November 21, 2011.. Existing-home sales plummet 15.3% in May. October home prices rise 2.9% as rents soar above 5%.

Existing home sales plummet 16.7% in December By. One of Wall St.’s premier investors says S&P 500 may tumble 16% by summer’s end because markets never ‘had a trade war like this’.

Despite rock-bottom mortgage rates, existing home sales fell in April – the 14th straight month of year-over-year declines. But the decline was confined to one half of the market: Homes worth less.

15 Reasons Greece, Oil and Technology Led Markets – 2) US Existing Home Sales sucked. Yup. The always bullish National Association of Realtors sales fell by 3.8% in May, at an annual pace of 4.81 million, down 15.3% from last years mark of 5.68.