“The housing market appears to be bouncing along a ‘sloppy bottom.’ Month-to-month volatility makes it difficult to see a clear direction for the industry,” said Mike Inselmann, president of Metrostudy, a national housing market research firm. “The annualized rate of existing single-family home sales has moved up slightly to 4.2 million for April and May from 4.1 million in the first quarter.Read more
More state and national mortgage news and mortgage press releases:
- Metrostudy: Charlotte’s housing market awaits job growth Charlotte’s new-home industry continues to struggle because of several...
- Housing affordability hits record-high level for third consecutive quarter Nationwide housing affordability, bolstered by affordable interest rates and...
- NLIHC report: Housing market stabilizing Housing markets in many metropolitan areas appear to be...
- New home sales rise 11 percent in June Sales of newly built, single-family homes rose 11 percent...
- Nissenbaum elecetd chairman of National Housing Conference Dan Nissenbaum, a widely-respected affordable housing expert, has been...
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