Tag Archives: South Salem Homes

Foreclosure Rates, Inventory Continue to Drop: CoreLogic | South Salem Real Estate


Foreclosure inventory and completed foreclosures declined drastically during June, real estate analytics firm CoreLogic found in its monthly survey. Foreclosure inventory declined 28.9% on a year-over-year basis in June to 472,000 homes. Completed foreclosures also declined year-over-year, down 14.8% to … Continue reading

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Nearly Half of Homes in Top Markets are Losing Value | South Salem Real Estate


Despite market reports of strong median home price appreciation this spring, gains are very uneven and nearly half of homes in ten of the nation’s largest markets actually lost value in May. On a house-by-house basis, about one-third fewer homes … Continue reading

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US housing market is on fire | South Salem Real Estate


We just got another sign the housing market is on fire. On Wednesday, we learned that existing home sales jumped to the fastest pace since February 2007. Sales rose 3.2% month-over-month to an annualized pace of 5.49 million. Economists had … Continue reading

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A Recovery Tipping Point for Housing | South Salem Real Estate


t’s official. It took six grueling years since the Great Recession ended, but now, the housing recovery enters the second half of 2015 as a fundamentals-driven rebound. What does it mean now that housing—and its infinite mosaic of geographical fiefdoms … Continue reading

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US construction spending up 2.2 percent in April | South Salem Real Estate


U.S. construction spending climbed in April to the highest level in more than six years, fueled by healthy gains in housing, government spending and non-residential construction. The Commerce Department says construction spending advanced 2.2 percent in April to a seasonally … Continue reading

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Mortgage Loan Rates Drop for Third Consecutive Week | South Salem Real Estate


Mortgage Loan Rates Drop for Third Consecutive Week | South Salem Real Estate | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor.

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NAR Reports Existing Sales Disappoint | South Salem Real Estate


Existing home sales decreased 4.9% in January, and the share of sales for first-time buyers continued to disappoint. The National Association of Realtors (NAR) reported January 2015 total existing home sales at a seasonally adjusted rate of 4.82 million units combined for … Continue reading

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