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  • Ocwen14.32-0.56 -3.76%
  • Zillow104.46-0.14 -0.13%
  • Trulia45.50-0.05 -0.11%
  • NationStar28.47-0.30 -1.04%
  • CoreLogic32.09-0.06 -0.19%
  • RE/MAX34.57+0.04 +0.12%
  • Fannie Mae2.14+0.01 +0.47%
  • Freddie Mac2.10+0.01 +0.48%
  • Wells Fargo55.28-0.06 -0.11%
  • CitiMortgage54.43-0.11 -0.20%
  • Bank of America17.980.00 0.00%
  • Fidelity National Financial35.65-0.37 -1.03%
  • First American34.15-0.15 -0.44%
  • AUDUSD=X0.8121N/A N/A
  • USDJPY=X120.455N/A N/A
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Home | Tag Archives: Home Prices

Tag Archives: Home Prices

Existing-Home Sales Decline Despite Low Interest Rates

home-for-sale-sign

Sales of pre-owned homes stalled out in November, plunging to their slowest pace in half a year only one month after hitting a 2014 high. Despite the stumble, home resales in November were still up 2.1 percent from year-ago levels, making it just the second month in 2014 to see sales rise year-over-year. It's been a year of starts and stops for home sales, which have struggled under the weight of rising mortgage rates (a trend that has reversed in recent months), a tighter lending environment, declining affordability, and a lack of housing stock available for buyers.

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