Existing Home Sales

Existing Home Supply Down 40% In Last 6 Months

Comments(0) By •February 24th, 2011

Home resales rose another 2.7 percent last month, according to the National Association of REALTORS® monthly Existing Home Sales report.

Home Supplies Plummet, Putting Pressure On Prices To Rise

Comments(0) By •January 21st, 2011

According to the National Association of REALTORS®, seasonally-adjusted, annualized Existing Home Sales figures climbed by more than a half-million units in December as compared to November. It’s the 3rd straight month of home resale improvement nationwide.

Home Inventory Dwindles Into The New Year

Comments(0) By •December 23rd, 2010

Existing Home Sales jumped another 6 percent in November, the report’s third month of improvement since bottoming in July.

October Existing Home Sales : Buyers And Sellers In Balance

Comments(0) By •November 24th, 2010

It’s encouraging that first-time and investment property buyers were both outnumbered by “move-up” buyers in October; buyers that have sold their respective homes in favor of larger ones.

Existing Home Sales Jump; Housing Market Shows Spark

Comments(0) By •October 26th, 2010

“Deals” were in ample supply this summer and eager home buyers snatched them up.

Existing Home Sales Rebound In August, Give Hope For Autumn

Comments(0) By •September 24th, 2010

Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.

Existing Home Sales Plummet In July; Home Buyers Gain Leverage

Comments(0) By •August 25th, 2010

The number of home resales plunged by 1.4 million units in July. Home buyers may uncover opportunities for a deal.

Existing Home Sales Drop In June But Hint At Higher Price Tier Support

Comments(0) By •July 23rd, 2010

Consistent with most post-home buyer tax credit housing news, Existing Home Sales eased lower last month. The 5 percent drop in sales was expected, but a closer look at the month’s data reveals some interesting trends.

May 2010 Existing Home Sales Is Better Than The Headline Data Suggests

Comments(0) By •June 23rd, 2010

The press is calling the May 2010 drop in Existing Home Sales “unexpected” and disappointing, but a deeper look at the data shows the news isn’t as bad as it first appears.

Home Supplies Tick Higher, Creating An Opening For Today’s Home Buyers

Comments(0) By •May 25th, 2010

According to the National Association of Realtors®, although the number of homes sold ticked higher in April, so did the supply of existing homes for sale, too. Sellers are now listing homes faster than buyers can buy them.

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The Danville Mortage Blog is your premier source for information on Danville real estate, home loans in Danville, general mortgage knowledge, real estate market updates and Danville community information. On top of all this, you will find leading Danville real estate agents showcased, making your selection of a real estate agent easier.

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Bank of Commerce Mortgage is an equal housing lender. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Terms and conditions apply. HUD Approved FHA Lender. NMLS ID #1839. Lending available in California Dept. of Real Estate Broker #01218426. The opinions expressed herein are not necessarily those of Bank of Commerce Mortgage or its affiliates.