NAR: Jan. Pending Home Sales Drop 5.7%

Buyers have difficulty locating a dwelling, claims NAR’s chief economist. He won’t be surprised to see demand from customers drop supplied recent “mortgages, dwelling costs and stock.” WASHINGTON – Pending dwelling income slumped in January, continuing what is now a 3-thirty day period decrease in transactions, in accordance to the […]

New Lending Rules Threaten Some Condo Sales

Guadalupe Connerley

Fannie and Freddie tighten rental-lending regulations. Information change, but they usually won’t again single-unit apartment financial loans if a setting up has deferred maintenance concerns. ORLANDO, Fla. – In reaction to the Surfside tragedy, Freddie Mac announced very last week that it would quickly commence using a nearer seem at […]

NAR: Existing-Home Sales Down Almost 1% in May

WASHINGTON – National current-residence sales decreased for a fourth straight thirty day period in May perhaps, in accordance to the Countrywide Association of Realtors® (NAR). Only one particular big U.S. area recorded a thirty day period-more than-thirty day period increase, when the other 3 areas saw revenue decline. Even so, […]