LoanRateNetwork
LoanRateNetwork
LoanRateNetwork
1-000-000-0000 BECOME A PARTNER
1-000-000-0000 BECOME A PARTNER
1-000-000-0000 BECOME A PARTNER
RE/MAX: Year-Over-Year Home Sales Up for 12th Month
RE/MAX: Year-Over-Year Home Sales Up for 12th Month
RE/MAX: Year-Over-Year Home Sales Up for 12th Month
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 18, 2012 (Jeff Alan)

Monthly sales of existing homes improved for the fifth consecutive month in June according to RE/MAX’s National Housing Report (NHR) while year-over-year, home sales have exceeded the previous year’s levels for 12 consecutive months.

Closed transactions of home purchases increased 2.1 percent from May to June and were 5.0 percent higher than in June of 2011, the twelfth consecutive month home sales have increased year-over-year.

Forty out of the 53 metro areas in the report posted year-over-year increases in closed transactions, down from 48 metro areas in May. Fargo, ND (+37.1%), Providence, RI (+29.5%), Burlington, VT (+27.5%), Manchester, NH (+27.2%), Augusta, ME (+25.2%), and Chicago, IL (+22.1%) recorded the highest year-over-year gains in closed transactions in June.

The median sales price of homes sold in June was 2.5 percent higher than in the previous month of May, increasing from $166,500 to $170,067. The median sales price was 3.7 percent higher than the median price of $163,995 in June of 2011. It was the fifth consecutive month that home prices have increased year-over-year following 18 months of declines.

Forty-four of the 53 metro areas posted higher sales prices in June than they did a year earlier, down from 46 metro areas the previous month. The areas that posted the largest price gains during the month were Phoenix, AZ (+29.5%), Detroit, MI (+23.3%), Miami, FL (+21.5%), Boise, ID (+16.3%), Denver (+14.9%) and Pittsburgh, PA (+9.5%).

The average number of days it took to sell a home in June was 84, eight days less than in May. The average month’s supply of inventory in June was 5.0, up from a 4.9 month’s supply in May, but still down from a 6.9 months supply of homes in June 2011.

Housing supplies continued to dwindle with the average monthly inventory of homes for sale declining by 5.0 percent from May and 27.4 percent from June 2011. It was the 24th consecutive month that the supply of homes for sale has declined.

Margaret Kelly, CEO of RE/MAX, LLC., stated, “Although the housing market has a long way to go to make a full recovery, all signs now show that it’s on the right path and has improved every month so far this year. This selling season is the best in years, and those who thought that the positive trends would quickly correct have been proven wrong, because many consumers again feel comfortable buying or selling a home.”

Tags: home sales, home prices, seasonal trends, closed transactions, median sales price

Source:
RE/MAX

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.
Information You Can Use
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 18, 2012 (Jeff Alan)

Monthly sales of existing homes improved for the fifth consecutive month in June according to RE/MAX’s National Housing Report (NHR) while year-over-year, home sales have exceeded the previous year’s levels for 12 consecutive months.

Closed transactions of home purchases increased 2.1 percent from May to June and were 5.0 percent higher than in June of 2011, the twelfth consecutive month home sales have increased year-over-year.

Forty out of the 53 metro areas in the report posted year-over-year increases in closed transactions, down from 48 metro areas in May. Fargo, ND (+37.1%), Providence, RI (+29.5%), Burlington, VT (+27.5%), Manchester, NH (+27.2%), Augusta, ME (+25.2%), and Chicago, IL (+22.1%) recorded the highest year-over-year gains in closed transactions in June.

The median sales price of homes sold in June was 2.5 percent higher than in the previous month of May, increasing from $166,500 to $170,067. The median sales price was 3.7 percent higher than the median price of $163,995 in June of 2011. It was the fifth consecutive month that home prices have increased year-over-year following 18 months of declines.

Forty-four of the 53 metro areas posted higher sales prices in June than they did a year earlier, down from 46 metro areas the previous month. The areas that posted the largest price gains during the month were Phoenix, AZ (+29.5%), Detroit, MI (+23.3%), Miami, FL (+21.5%), Boise, ID (+16.3%), Denver (+14.9%) and Pittsburgh, PA (+9.5%).

The average number of days it took to sell a home in June was 84, eight days less than in May. The average month’s supply of inventory in June was 5.0, up from a 4.9 month’s supply in May, but still down from a 6.9 months supply of homes in June 2011.

Housing supplies continued to dwindle with the average monthly inventory of homes for sale declining by 5.0 percent from May and 27.4 percent from June 2011. It was the 24th consecutive month that the supply of homes for sale has declined.

Margaret Kelly, CEO of RE/MAX, LLC., stated, “Although the housing market has a long way to go to make a full recovery, all signs now show that it’s on the right path and has improved every month so far this year. This selling season is the best in years, and those who thought that the positive trends would quickly correct have been proven wrong, because many consumers again feel comfortable buying or selling a home.”

Tags: home sales, home prices, seasonal trends, closed transactions, median sales price

Source:
RE/MAX

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.
Information You Can Use
Helpful Tools

July 18, 2012 (Jeff Alan)

Monthly sales of existing homes improved for the fifth consecutive month in June according to RE/MAX’s National Housing Report (NHR) while year-over-year, home sales have exceeded the previous year’s levels for 12 consecutive months.

Closed transactions of home purchases increased 2.1 percent from May to June and were 5.0 percent higher than in June of 2011, the twelfth consecutive month home sales have increased year-over-year.

Forty out of the 53 metro areas in the report posted year-over-year increases in closed transactions, down from 48 metro areas in May. Fargo, ND (+37.1%), Providence, RI (+29.5%), Burlington, VT (+27.5%), Manchester, NH (+27.2%), Augusta, ME (+25.2%), and Chicago, IL (+22.1%) recorded the highest year-over-year gains in closed transactions in June.

The median sales price of homes sold in June was 2.5 percent higher than in the previous month of May, increasing from $166,500 to $170,067. The median sales price was 3.7 percent higher than the median price of $163,995 in June of 2011. It was the fifth consecutive month that home prices have increased year-over-year following 18 months of declines.

Forty-four of the 53 metro areas posted higher sales prices in June than they did a year earlier, down from 46 metro areas the previous month. The areas that posted the largest price gains during the month were Phoenix, AZ (+29.5%), Detroit, MI (+23.3%), Miami, FL (+21.5%), Boise, ID (+16.3%), Denver (+14.9%) and Pittsburgh, PA (+9.5%).

The average number of days it took to sell a home in June was 84, eight days less than in May. The average month’s supply of inventory in June was 5.0, up from a 4.9 month’s supply in May, but still down from a 6.9 months supply of homes in June 2011.

Housing supplies continued to dwindle with the average monthly inventory of homes for sale declining by 5.0 percent from May and 27.4 percent from June 2011. It was the 24th consecutive month that the supply of homes for sale has declined.

Margaret Kelly, CEO of RE/MAX, LLC., stated, “Although the housing market has a long way to go to make a full recovery, all signs now show that it’s on the right path and has improved every month so far this year. This selling season is the best in years, and those who thought that the positive trends would quickly correct have been proven wrong, because many consumers again feel comfortable buying or selling a home.”

Tags: home sales, home prices, seasonal trends, closed transactions, median sales price

Source:
RE/MAX

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.
Information You Can Use

LoanRateNetwork

LoanRateNetwork is an independent marketing leads generator. We are not a loan broker or lender. LoanRateNetwork is an advertising supported publisher and loan rate comparison service that is compensated by third party affiliates for the information you provide to us through the featured placement of sponsored products and services or by clicking on links posted on this website. Not all companies or products are represented through this website. Usage of this site is only available to persons in the continental United States, Alaska and Hawaii.
Copyright 2010 - 2021 LoanRateNetwork.com | All Rights Reserved
The information contained in this website is for general information purposes only. We make no representations or warranties of any kind, expressed or implied, about the completeness, accuracy, or reliability of the information, products, or services contained on the website. Any reliance you place on such information is therefore strictly at your own risk.