U.S. Mortgage Rates drop Slightly Amid Uncertainty Australia’s debt dilemma – a concern or a crisis? Difference between Liquidity Crisis and Solvency Crisis. – Arguably, the debt greece faces means that it is insolvent. It’s debt to GDP is so large that there is little chance Greece could pay off its debts from current tax revenue. Therefore, it will have to default on at least part of its debt and receive bailout funds. Example of Liquidity CrisisU.S. long-term mortgage rates slipped this week, reflecting the stock market decline and rush by investors to Treasury notes. Mortgage buyer Freddie Mac said Thursday that the average rate on the.
Pending Home Sales Fall, But Still Holding Most of 2019’s Gains April’s pending home sales had been expected to build on the gains posted in two of the three previous months, but they retreated instead.
· Chicago home sales dropped from last year once again but not as badly as recent months. For the 9th time in the last 10 months the Chicago real estate market had lower home sales.
2 Things You Need to Know to Properly Price Your Home – Joe Peters After 24 years of selling real estate in Rutherford County, I’ve learned the hard way what you need to think through before selling your home. Here are the 3 things every seller should know before they put their home on the market: 1.
The typical buyer today plans to stay in a home for 10 years; the typical seller has been in the home for nine years. In the past, real estate experts believed people had to own their home for three to five years to earn enough equity to make the investment worthwhile.
· Many buyers assume that “sale pending” means the property is no longer available. But that’s not always the case. If you’ve fallen in love with a home that shows as pending, don’t immediately rule it out. Here’s what you need to know to decide if a “sale pending” home is still worth pursuing.
Pending Home Sales Fall, But Still Holding Most of 2019’s Gains Thursday, May 30, 2019 April’s pending home sales had been expected to build on the gains posted in two of the three previous months, but they retreated instead.
· Contracts to purchase previously owned U.S. homes unexpectedly fell in April to a four-month low, undermining some of the recent optimism that the housing sector was touching bottom.
Pending home sales in the South rose 1.9 percent to an index of 122.1 in September, and are now 1.7 percent higher than last September. The index in the West jumped 4.7 percent in September to 107.
Home prices increased 4.7 percent annually in December, down from 5.1 percent in November, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. That is the slowest pace.
A breakdown of the figures show that the index fell by 1.6% in the Northeast but is still 7.7% above a year ago. In the Midwest the index fell modestly by 0.2% and is now 1% lower than September 2015. Pending home sales in the South rose 1.9% and are now 1.7% higher than last September.