US Homes Prices Report – July 2018

July 2018 US Homes Prices Report

  • US Home prices and % change for West Census Region
  • US Home Prices and % change for Midwest Census Region
  • US Home Prices and % change for North Census Region
  • US Home Prices and % change for South Census Region

 

  • Median Sales Price of Existing Homes in US decreased to $269,600 with a 1.5% decrease from month ago
  • Median Sales Price in West decreased to $392,700 with a 2.1% decrease in June 2018 compared to last month
  • Midwest median sales price decreased to $210,500 with a 2.5% decrease compared to last month and South is at $233,400 reflecting a 1.6% decrease from month ago
  • Northeast median sales price has increased to $309,700 reflecting a 1.0% increase from month ago

 

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US Homes Sales Report – July 2018

July 2018 US Homes Sales Report

  • Number of Homes Sold and % change for West Census Region
  • Number of Homes Sold and % change for Midwest Census Region
  • Number of Homes Sold and % change for North Census Region
  • Number of Homes Sold and % change for South Census Region

 

  • Number of units of existing home sales for month of July 2018 is at 5,340,000 and is at a 0.7% decrease compared to last month
  • West census region is at 1,190,000 number of units and is at a 4.4% increase for July 2018 compared to last month. Midwest region for July 2018 is at 1,250,000 number of units, a 1.6% decrease compared to last month
  • South region for July 2018 is at 2,240,000 number of units and is at a 0.4% decrease from month ago
  • Northeast region for July 2018 is at 70,000 number of units and is 6.7% lower than last month

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Economic Indicators – July 2018

July 2018 Economic Indicators

  • Dollars per Barrel and % change for Crude Oil Prices: Brent -Europe
  • Percent of GDP and % change for Federal Surplus or Deficit as Percent Gross Domestic Product
  • Total U.S Dollars per troy ounce and % change for Gold Fixing Price: London Bullion Market Based in US Dollars
  • Index March 1973=100 and % change for Major Currencies: Trade Weighted US Dollars Index
  • Millions of Dollars increase and % change for Mortgage backed Securities Held by the Federal Reserve: All maturities
  • Billions of chained 2009 dollars and % change for Real Gross Domestic Product
  • Percent of GDP and % change for Total Public Debt as Percentage of GDP
  • Millions of Units Sold and % change for Total Vehicles Sales
  • Average % and % change for  Leading Index for the US and California

 

  • Homeownership Rate for US is 63.9% in January 2017. US Leading Index is at 1.17% in July 2018 reflecting a 5.6% decrease compared to last year and California Leading Index is at 1.28% in July 2018 reflecting a 44.8 decrease from year ago
  • Major Currencies increased to 103.672 reflecting a 1.4% increase from year ago. Gold Fixing Price increased to 1,238.525 reflecting 0.2% increase from year ago. Crude Oil prices increased to 74.22 Dollars in July 2018 reflecting a 53.7% increase from year ago. Federal Deficit was at -3.41472% in July 2018 reflecting a 9.3% increase from year ago. Total Vehicles sales is 17.2 Million in July 2018 reflecting a 0.6% increase from year ago
  • Mortgage backed securities for all maturities is $1,742,845 Mn in May 2018 reflecting a 1.7% decrease from year ago
  • Real Gross Domestic Product increased 18,514.595 Bn reflecting 2.9% change from year ago. Federal Debt Total Public Debt as Percentage of GDP increased 105.23224 reflecting 1.6% change from year ago

 

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Economic Indicators – June 2018

June 2018 Economic Indicators

  • Dollars per Barrel and % change for Crude Oil Prices: Brent -Europe
  • Percent of GDP and % change for Federal Surplus or Deficit as Percent Gross Domestic Product
  • Total U.S Dollars per troy ounce and % change for Gold Fixing Price: London Bullion Market Based in US Dollars
  • Index March 1973=100 and % change for Major Currencies: Trade Weighted US Dollars Index
  • Millions of Dollars increase and % change for Mortgage backed Securities Held by the Federal Reserve: All maturities
  • Billions of chained 2009 dollars and % change for Real Gross Domestic Product
  • Percent of GDP and % change for Total Public Debt as Percentage of GDP
  • Millions of Units Sold and % change for Total Vehicles Sales
  • Average % and % change for  Leading Index for the US and California

 

 

  • Homeownership Rate for US is 63.9% in January 2017. US Leading Index is at 1.42% in June 2018 reflecting a 1.4% decrease compared to last year and California Leading Index is at 0.64% in June 2018 reflecting a 73.4% decrease from year ago
  • Major Currencies decreased to 103.484 reflecting a 1.3% decrease from year ago. Gold Fixing Price increased to 1,281.567 reflecting 1.7% increase from year ago. Crude Oil prices increased to 74.59 Dollars in June 2018 reflecting a 59.1% increase from year ago. Federal Deficit was at -3.41472% in June 2018 reflecting a 9.3% increase from year ago. Total Vehicles sales is 17.7 Million in June 2018 reflecting a 2.9% increase from year ago
  • Mortgage backed securities for all maturities is $1,742,845 Mn in May 2018 reflecting a 1.7% decrease from year ago
  • Real Gross Domestic Product increased 18,507.200 Bn reflecting 2.8% change from year ago. Federal Debt Total Public Debt as Percentage of GDP increased 105.23224 reflecting 1.6% change from year ago

 

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Weekly Mortgage Applications – 09-26-2018

September 26 2018 Weekly Mortgage Applications

  • Percent Change for Weekly Residential Mortgage Application

 

  • Mortgage applications increased by 2.9% for the week ended September 26, 2018
  • Mortgage apps generally move in the inverse direction of rates
  • Rate are still low. If already on a fixed 30 year rate, change to a 15 year fixed loan and cut your term!
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Weekly Mortgage Watch – September 27, 2018

September 27, 2018 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates

 

  • 30 Year Mortgage Rate increased to 4.72% compared to 4.65% last week. The 30 year rock bottom rate touched in last 10 years is 3.4%
  • 15 Year Mortgage Rate increased to 4.16% compared to 4.11% last last week. The 15 year rock bottom rate touched in last 10 years is 2.73%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.97% compared to 3.92% last week. The 5 year rock bottom rate touched in last 10 years is 2.71%
  • Rates are still low. Purchase or Refinance before rates move up further

 

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US Homes Prices Report – June 2018

June 2018 US Homes Prices Report

  • US Home prices and % change for West Census Region
  • US Home Prices and % change for Midwest Census Region
  • US Home Prices and % change for North Census Region
  • US Home Prices and % change for South Census Region

 

  • Median Sales Price of Existing Homes in US increased to $276,900 with a 4.5% increase from month ago
  • Median Sales Price in West increased to $417,400 with a 6.2% increase in June 2018 compared to last month
  • Midwest median sales price increased to $218,800 with a 4.8% increase compared to last month and South is at $237,500 reflecting a 2.1% increase from month ago
  • Northeast median sales price has increased to $305,900 reflecting a 7.2% increase from month ago

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US Homes Sales Report – June 2018

June 2018 US Homes Sales Report

  • Number of Homes Sold and % change for West Census Region
  • Number of Homes Sold and % change for Midwest Census Region
  • Number of Homes Sold and % change for North Census Region
  • Number of Homes Sold and % change for South Census Region

 

  • Number of units of existing home sales for month of June 2018 is at 5,380,000 and is at a 0.6% decrease compared to last month
  • West census region is at 1,140,000 number of units and is at a 2.6% decrease for June 2018 compared to last month. Midwest region for June 2018 is at 1,270,000 number of units, a 0.8% increase compared to last month
  • South region for June 2018 is at 2,3250,000 number of units and is at a 2.2% decrease from month ago
  • Northeast region for June 2018 is at 75,000 number of units and is 15.4% higher than last month

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Economic Indicators – May 2018

May 2018 Economic Indicators

  • Dollars per Barrel and % change for Crude Oil Prices: Brent -Europe
  • Percent of GDP and % change for Federal Surplus or Deficit as Percent Gross Domestic Product
  • Total U.S Dollars per troy ounce and % change for Gold Fixing Price: London Bullion Market Based in US Dollars
  • Index March 1973=100 and % change for Major Currencies: Trade Weighted US Dollars Index
  • Millions of Dollars increase and % change for Mortgage backed Securities Held by the Federal Reserve: All maturities
  • Billions of chained 2009 dollars and % change for Real Gross Domestic Product
  • Percent of GDP and % change for Total Public Debt as Percentage of GDP
  • Millions of Units Sold and % change for Total Vehicles Sales
  • Average % and % change for  Leading Index for the US and California

 

  • Homeownership Rate for US is 63.9% in January 2017. US Leading Index is at 1.51% in May 2018 reflecting a 7.1% increase compared to last year and California Leading Index is at 1.22% in May 2018 reflecting a 46.0% decrease from year ago
  • Major Currencies decreased to 102.259 reflecting a 3.9% decrease from year ago. Gold Fixing Price increased to 1,303.026 reflecting 4.7% increase from year ago. Crude Oil prices increased to 77.11 Dollars in May 2018 reflecting a 53.4% increase from year ago. Federal Deficit was at -3.43141% in May 2018 reflecting a 9.3% increase from year ago. Total Vehicles sales is 17.3 Million in May 2018 reflecting a 1.2% increase from year ago
  • Mortgage backed securities for all maturities is $1,742,845 Mn in May 2018 reflecting a 1.7% decrease from year ago
  • Real Gross Domestic Product increased 17,371.854 Bn reflecting 2.8% change from year ago. Federal Debt Total Public Debt as Percentage of GDP increased 105.65902 reflecting 1.5% change from year ago

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US Homes Prices Report – May 2018

May 2018 US Homes Prices Report

  • US Home prices and % change for West Census Region
  • US Home Prices and % change for Midwest Census Region
  • US Home Prices and % change for North Census Region
  • US Home Prices and % change for South Census Region

 

  • Median Sales Price of Existing Homes in US decreased to $264,800 with a 2.7% increase from month ago
  • Median Sales Price in West increased to $395,800 with a 1.5% increase in April 2018 compared to last month
  • Midwest median sales price decreased to $209,900 with a 5.2% increase compared to last month and South is at $233,100 reflecting a 2.7% increase from month ago
  • Northeast median sales price has increased to $275,900 reflecting a 0.3% increase from month ago

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