Yesterday Radar Logic released their Monthly Housing Market Report for May. They saw a year-over-year decline in home values of 5.9% in May. This is the fastest that prices have declined since September 2009, leading the researchers to conclude that "the absence of spring strength foreshadows new lows in the fall."
Europe’s single currency was among the hardest hit, briefly falling through the $1.04 level to trade at its lowest point since 2003, as the appeal of higher US Treasury yields boosted the allure of the dollar.
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Historically low interest rates. Between 2000 and 2003, the interest rate on 30-year fixed-rate mortgages fell 2.5 percentage points (from 8% to all-time historical low of about 5.5%). The interest rate on one-year adjustable rate mortgages (1/1 arms) fell 3 percentage points (from about 7% to about 4%).
· House prices grow at slowest rate since 2015 as home ownership hits lowest level in 30 years Nationwide says house prices in the UK grew at the slowest pace for 19 months in March.
LV home prices fall to level not seen since 2003 After showing improvement in December, the Las Vegas housing market relapsed in January with a drop in sales and a steeper slide in prices.
Home sellers in New York City cut prices on almost 800 listings in one week in September, which is the highest amount of price. Across US, rising home prices and falling inventory led to fewer.
Since 1960, the homeownership rate in the United States has remained relatively stable having decreased 1.0% since 1960 when 65.2% of american households owned their own home. Additionally, homeowner equity has fallen steadily since World War II and is now less than 50% of the value of homes on average.
Easing lending standards bring back first-time buyers interest rate locks are especially important for a first-time. your money back. Most lenders will refund if they deny the loan. Because Cecala thinks the odds are 50-50 that rates could ease down.Ali Solis – Ongoing Need in Affordable Housing Need Affordable Solis Ongoing Ali Housing – Homeloansfriscotx – 3 policy tools Trump needs to promote affordable housing. By Ali Solis, contributor. But cities are not the only places that are lacking when it comes to adequate housing at affordable prices.. "We focus on affordable housing. Out of our total portfolio, 66 per cent is low-cost homes in a price range of Rs 20-50 lakh," he said.
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Figures from the annual housing survey, published earlier this month, found that home ownership in Britain had fallen to the lowest level since 1985 last year – 62.9 per cent of the population.
Reliance Capital shares lost more than 6% during intraday trades on Thursday to fall to its lowest level in more than 15 years following the resignation by its auditor Price Waterhouse. which is.