Lawrence Yun articles over last 30 days

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2014/10/22 12:27
2014/10/22 12:27
24m
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,000 or less) decreased to 4.1 percent, the lowest level since May 2013, from 4.2 percent,...
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2014/10/22 12:27
2014/10/22 12:27
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2014/10/21 20:56
2014/10/21 20:56
15h
Sales of existing homes increase to 1-year high Published: Tuesday, October 21, 2014, 1:37 p.m. WASHINGTON - Sales of previously owned U.S. homes rose in September to the highest level in a year,...
2014/10/21 20:28
2014/10/21 20:28
16h
Wall Street advanced, up more than 1 percent, amid better-than-expected data on existing US home sales, and solid corporate earnings including from Apple. In afternoon trading in New York, the Dow...
2014/10/21 20:18
2014/10/21 20:18
16h
First, the scoreboard: Dow: 16,605.2, +205, (+1.2%) S&P 500: 1,940.2, +36.2, (+1.9%) Nasdaq: 4,418.4, +102, (2.3%) 1. It was a huge rally for the markets, as the Dow once again turned positive for...
2014/10/21 16:43
2014/10/21 16:43
20h
Sales of previously-owned homes rose in September to reach their fastest pace in 2014, even though investors are leaving the market. That’s good news for regular people, who are enjoying low mortgage...
2014/10/21 15:57
2014/10/21 15:57
20h
WASHINGTON: US existing-home sales rebounded in September from a dip in August to their highest pace of the year, the National Association of Realtors said Tuesday (Oct 21). Sales of used...
2014/10/21 14:06
2014/10/21 14:06
22h
Sales of previously owned U.S. homes rose in September to the highest level in a year, adding to signs that residential real estate will be a plus for the economy. Closings (ETSLTOTL), which usually...
2014/09/30 04:33
2014/09/30 04:33
22d
Although pending sales of homes slowed across the country in August, local real estate professionals aren’t seeing troubling signs in the St. Johns County market. A release Monday from the National...
2014/09/29 20:18
2014/09/29 20:18
22d
First, the scoreboard: Dow: 17, 068.33, -44.8, (-0.2%) S&P 500: 1,978.35, -4.5, (-0.2%) Nasdaq: 4,506.31, -5.8, (-0.1%) 1. The latest report on personal income and outlays showed that "core"...
2014/09/29 16:18
2014/09/29 16:18
22d
The Bank of Mom and Dad is playing a growing role as the lender of last resort for a housing recovery struggling to provide more traction for the U.S. economy. Last year, 27 percent of those...
2014/09/29 15:21
2014/09/29 15:21
22d
But traditional home buyers who rely on mortgages will have to carry the housing market going forward — investors who pay cash aren’t buying as many homes as they were. “Fewer distressed homes at...
2014/09/29 14:56
2014/09/29 14:56
22d
Next headline: August New Home Sales Revised down to -18% due to reporting irregularity. The wealthy keep buying while average joe 6 pack lives in a slum. August was too hot for buyers. Sellers were...
2014/09/29 14:27
2014/09/29 14:27
22d
... distressed homes at bargain prices and the acknowledgement we're entering a rising interest rate environment likely caused hesitation among investors last month," said Lawrence Yun, chief...
2014/09/29 14:06
2014/09/29 14:06
22d
Contracts to purchase previously owned homes declined in August as tighter credit and limited wage growth weigh on potential buyers. The pending home sales index dropped 1 percent after a 3.2 percent...
2014/09/23 02:14
2014/09/23 02:14
29d
The Dayton area housing market remains one for sellers as low inventories kept the average sales price climbing in August, but continue to dampen sales for the year compared to 2013. The average home...
2014/09/22 21:28
2014/09/22 21:28
29d
Equities on both sides of the Atlantic declined, along with commodities including nickel, copper, and oil after an unexpected drop in US existing home sales and comments by China suggesting it might...
2014/09/22 17:27
2014/09/22 17:27
29d
... are concerned with a potential rise in interest rates," said Lawrence Yun, chief economist for NAR. "It makes it less attractive in a rising interest rate environment." The drop has been...
2014/09/22 15:53
2014/09/22 15:53
29d
Sales of previously owned homes fell in August, as investors pulled back, a trade group said Monday. Existing-home sales declined 1.8% from July to a seasonally adjusted annual rate of 5.05 million,...
2014/09/22 14:18
2014/09/22 14:18
29d
Economists estimated sales would climb to a 5.20 million pace. "There was a marked decline in all-cash sales from investors,” said Lawrence Yun, chief economist of the National Association of...
2014/09/20 14:56
2014/09/20 14:56
1m
The index of homebuilders’ sentiment rose this month to a level not seen since 2005. Goldman Sachs Kim Dawsey notes that Goldman has found the index “to be a decent leading indicator for housing...
2014/10/22 12:27
2014/10/22 12:27
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