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  • Ocwen6.50-0.17 -2.55%
  • Zillow98.24-4.18 -4.08%
  • Trulia43.21-1.89 -4.19%
  • NationStar25.36-0.97 -3.68%
  • CoreLogic33.31-0.99 -2.89%
  • RE/MAX35.24-3.06 -7.99%
  • Fannie Mae2.27+0.13 +6.07%
  • Freddie Mac2.15+0.04 +1.90%
  • Wells Fargo52.16-0.81 -1.53%
  • CitiMortgage47.11-1.20 -2.48%
  • Bank of America15.20-0.43 -2.75%
  • Fidelity National Financial35.70-0.04 -0.11%
  • First American34.31-0.58 -1.66%
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  • USDJPY=X117.6525N/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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