Tweet Processing delays are taking a toll on first-time home buyer interest in short sales, which now account for more than one of every six house sales, according to an Inside Mortgage Finance tracking survey. First-time home buyer purchases of short sales dropped to 39.7 percent of short sale transactions in August. That represented a …
Monthly Archive: September 2011
Permanent link to this article: http://www.househunt.com/news-realestate/2011/09/first-time-home-buyers-short-sal/
Existing-home sales up across all regions in August
Tweet Existing-home sales increased in August, providing some good news for the struggling housing market. Monthly gains were seen in all regions, according to the National Association of Realtors. Total existing-home sales, which are completed transactions that include single-family, townhouses, condominiums and co-ops, rose 7.7 percent to a seasonally adjusted annual rate of 5.03 million …
Permanent link to this article: http://www.househunt.com/news-realestate/2011/09/existing-home-sales-up-across-all-regions-in-august/
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