Home Sales Data

Information related to Home Sales both local and nationwide provided by CU Mortgage Division. Visit our website at www.cumortgagedivision.com for more details or other articles located within this daily mortgage blog.

Sagging Homebuilder Confidence Opens The Door For Good Deals

Sagging Homebuilder Confidence Opens The Door For Good Deals

Remember, it wasn't too long ago that most builders were flush with home inventory, unable to find willing buyers. To help move product at that time, builders dropped prices and offered incentives including free upgrades. If confidence continues to sag going forward, home purchase deals of that nature may return -- especially as the...
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Foreclosure Activity Slows Again In June 2010

Foreclosure Activity Slows Again In June 2010

June marks the 16th straight month the filings topped 300,000. 1 in every 411 U.S. homes received some form of notice last month with foreclosure density varying wildly from state-to-state. Like everything else in real estate, it seems, foreclosures are a local phenomenon.
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Pending Home Sales Data Shows Great Deals On Homes Are Getting Harder To Find

Pending Home Sales Data Shows Great Deals On Homes Are Getting Harder To Find

April marks the third straight month that pending home sales are up and today's buyers should take note. This is because, according to the National Association of Realtors®, 80% of homes under contract close within 60 days.
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