Fewer Homes For Sale in June
Fewer Homes For Sale in June
Fewer Homes For Sale in June
Helpful
Tools
Mortgage
Calculator

Estimate your monthly payment for a home purchase or refinance
Auto Loan
Calculator

Determine how much car you can afford before buying
Learn About
Mortgage Loans

Learn about mortgage loans to find the one that's right for you
15 Year vs 30 Year
Loan Comparison

Compare payments between a 15 year and 30 year mortgage loan
Today's Mortgage
Rates

See today's current mortgage rates. Shop, compare and save.

July 20, 2011 (Chris Moore)

The number of homes for sale in June decreased slightly from May, but was almost 16 percent less than the number of homes for sale a year ago, and the prices sellers asked for those homes remained relatively flat according to data released by Realtor.com

The median list price for an existing home in June, which includes single-family homes, condos, townhomes, and co-ops, was $189,900, an increase of 0.52 percent from the median list price of $188,900 in May. The median list price was 0.05 percent lower than June of 2010.

The area with the largest year-over-year drop in the median list price was the Santa Barbara-Santa Maria-Lompoc, CA area where the median price has dropped 26.9 percent since June of 2010. However, the list price in that same area increased by 5.21 percent from May to June.

The area with the largest year-over-year increase in the median list price was the Fort Myers-Cape Coral, FL area where the median price has increased 31.23 percent since June of last year. Miami was the only other area to register a double digit increase in year-over-year list prices with an increase of 12.91 percent.

The average list price for an existing home in June was $316,846, which was a 1.49 percent increase from May’s average list price of $312,189, but 0.48 percent lower than June 2010.

Total listings of existing homes decreased 0.38 percent from May with a total of 2,339,395 single-family homes, condos, townhomes, and co-ops listed for sale in June. The number of homes listed for sale in June was 15.78 percent lower than in June of last year.

The average number of days that an existing home spent on the market in June inched up to 93, from 92 days in May, which also matches the amount of days that a home spent on the market in June 2010.

Tags: Realtor.com, housing inventory, listed homes, home prices, median sales price, average list price

Source:
Realtor.com

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Helpful Tools
Mortgage
Calculator

Estimate your monthly mortgage payment
Auto Loan
Calculator

Determine how much car you can afford before buying
Learn About
Mortgage Loans

Learn about the different types of home loans
15 Year vs 30 Year
Loan Comparison

Compare 15 year and 30 year mortgage loans
Todays Mortgage
Rates

See today's mortgage rates. Shop, compare and save.

July 20, 2011 (Chris Moore)

The number of homes for sale in June decreased slightly from May, but was almost 16 percent less than the number of homes for sale a year ago, and the prices sellers asked for those homes remained relatively flat according to data released by Realtor.com

The median list price for an existing home in June, which includes single-family homes, condos, townhomes, and co-ops, was $189,900, an increase of 0.52 percent from the median list price of $188,900 in May. The median list price was 0.05 percent lower than June of 2010.

The area with the largest year-over-year drop in the median list price was the Santa Barbara-Santa Maria-Lompoc, CA area where the median price has dropped 26.9 percent since June of 2010. However, the list price in that same area increased by 5.21 percent from May to June.

The area with the largest year-over-year increase in the median list price was the Fort Myers-Cape Coral, FL area where the median price has increased 31.23 percent since June of last year. Miami was the only other area to register a double digit increase in year-over-year list prices with an increase of 12.91 percent.

The average list price for an existing home in June was $316,846, which was a 1.49 percent increase from May’s average list price of $312,189, but 0.48 percent lower than June 2010.

Total listings of existing homes decreased 0.38 percent from May with a total of 2,339,395 single-family homes, condos, townhomes, and co-ops listed for sale in June. The number of homes listed for sale in June was 15.78 percent lower than in June of last year.

The average number of days that an existing home spent on the market in June inched up to 93, from 92 days in May, which also matches the amount of days that a home spent on the market in June 2010.

Tags: Realtor.com, housing inventory, listed homes, home prices, median sales price, average list price

Source:
Realtor.com

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Helpful Tools

July 20, 2011 (Chris Moore)

The number of homes for sale in June decreased slightly from May, but was almost 16 percent less than the number of homes for sale a year ago, and the prices sellers asked for those homes remained relatively flat according to data released by Realtor.com

The median list price for an existing home in June, which includes single-family homes, condos, townhomes, and co-ops, was $189,900, an increase of 0.52 percent from the median list price of $188,900 in May. The median list price was 0.05 percent lower than June of 2010.

The area with the largest year-over-year drop in the median list price was the Santa Barbara-Santa Maria-Lompoc, CA area where the median price has dropped 26.9 percent since June of 2010. However, the list price in that same area increased by 5.21 percent from May to June.

The area with the largest year-over-year increase in the median list price was the Fort Myers-Cape Coral, FL area where the median price has increased 31.23 percent since June of last year. Miami was the only other area to register a double digit increase in year-over-year list prices with an increase of 12.91 percent.

The average list price for an existing home in June was $316,846, which was a 1.49 percent increase from May’s average list price of $312,189, but 0.48 percent lower than June 2010.

Total listings of existing homes decreased 0.38 percent from May with a total of 2,339,395 single-family homes, condos, townhomes, and co-ops listed for sale in June. The number of homes listed for sale in June was 15.78 percent lower than in June of last year.

The average number of days that an existing home spent on the market in June inched up to 93, from 92 days in May, which also matches the amount of days that a home spent on the market in June 2010.

Tags: Realtor.com, housing inventory, listed homes, home prices, median sales price, average list price

Source:
Realtor.com

HOW LOANRATENETWORK
LOAN CENTER WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.