Weekly Home Sales and Prices Drop
Weekly Home Sales and Prices Drop
Weekly Home Sales and Prices Drop
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September 13, 2011 (Chris Moore)

Weekly home sales volume dropped last week for the first time after four consecutive weeks of rising sales, while weekly home prices continued to drop for the fourth consecutive week according to the National Home Sales Snapshot released by DataQuick.

The number of homes sold over the previous thirty day period ending September 8 was 187,688 properties, down from the previous week’s total sales of 190,688 properties.

Despite the decline in sales, the number of homes sold was still 5.8 percent higher than the same period a year ago. Home sales for the period were down 12.0 percent from the same period three years ago.

The median price of a home sold over the previous thirty day period ending September 8 was $182,000, down from $183,000 for the period ending the previous week. Home prices were 6.7 percent lower than the same period a year ago and down 20.9 percent from the same period three years ago.

During the same time period last year, the median price of a home in the U.S. was $195,000. Three years ago the median price during this same period was $230,000.

Over the last five years, median home prices have ranged from a high of $275,000 to a low of $170,000.

Sales volume for a thirty day period within the last five years has ranged from a high of 339,669 properties sold to a low of 119,636.

The National Home Sales Snapshot includes 98 out of the top 100 metropolitan statistical areas covering 66.25 percent of U.S. home sales.

Tags: DataQuick, home sales, median home price, sales volume

Source:
DataQuick

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September 13, 2011 (Chris Moore)

Weekly home sales volume dropped last week for the first time after four consecutive weeks of rising sales, while weekly home prices continued to drop for the fourth consecutive week according to the National Home Sales Snapshot released by DataQuick.

The number of homes sold over the previous thirty day period ending September 8 was 187,688 properties, down from the previous week’s total sales of 190,688 properties.

Despite the decline in sales, the number of homes sold was still 5.8 percent higher than the same period a year ago. Home sales for the period were down 12.0 percent from the same period three years ago.

The median price of a home sold over the previous thirty day period ending September 8 was $182,000, down from $183,000 for the period ending the previous week. Home prices were 6.7 percent lower than the same period a year ago and down 20.9 percent from the same period three years ago.

During the same time period last year, the median price of a home in the U.S. was $195,000. Three years ago the median price during this same period was $230,000.

Over the last five years, median home prices have ranged from a high of $275,000 to a low of $170,000.

Sales volume for a thirty day period within the last five years has ranged from a high of 339,669 properties sold to a low of 119,636.

The National Home Sales Snapshot includes 98 out of the top 100 metropolitan statistical areas covering 66.25 percent of U.S. home sales.

Tags: DataQuick, home sales, median home price, sales volume

Source:
DataQuick

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

September 13, 2011 (Chris Moore)

Weekly home sales volume dropped last week for the first time after four consecutive weeks of rising sales, while weekly home prices continued to drop for the fourth consecutive week according to the National Home Sales Snapshot released by DataQuick.

The number of homes sold over the previous thirty day period ending September 8 was 187,688 properties, down from the previous week’s total sales of 190,688 properties.

Despite the decline in sales, the number of homes sold was still 5.8 percent higher than the same period a year ago. Home sales for the period were down 12.0 percent from the same period three years ago.

The median price of a home sold over the previous thirty day period ending September 8 was $182,000, down from $183,000 for the period ending the previous week. Home prices were 6.7 percent lower than the same period a year ago and down 20.9 percent from the same period three years ago.

During the same time period last year, the median price of a home in the U.S. was $195,000. Three years ago the median price during this same period was $230,000.

Over the last five years, median home prices have ranged from a high of $275,000 to a low of $170,000.

Sales volume for a thirty day period within the last five years has ranged from a high of 339,669 properties sold to a low of 119,636.

The National Home Sales Snapshot includes 98 out of the top 100 metropolitan statistical areas covering 66.25 percent of U.S. home sales.

Tags: DataQuick, home sales, median home price, sales volume

Source:
DataQuick

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.