July 28, 2007

Housing Market News

KC housing market bucks national trend as sales increase - Kansas City Star

27 Jul 2007 at 11:18pm

Boston Globe KC housing market bucks national trend as sales increase
Kansas City Star, MO - 13 hours ago
The average new- home sales price in the Kansas City area in June was $296779, about 5.5 percent higher than a year earlier, the regional Realtors reported. ….
Maine Home Sales Down In June WCSH-TV
US housing gloom darkens; sales tumbled in June INQ7.net
US home sales slip; prices edge up Detroit Free Press
CNNMoney.com - Washington Post
all 147 news articles

New-Home Sales Sink, As Does the Forecast - Washington Post

27 Jul 2007 at 1:50am

Philadelphia Inquirer New- Home Sales Sink, As Does the Forecast
Washington Post, United States - Jul 26, 2007
Sales fell in June though the median price dropped from a year ago. (By Danny Johnston — Associated Press) The fall in new- home sales was the latest piece ….
US New- Home Sales Decreased 6.6% in June to an 834000 Pace Bloomberg
New- home sales drop 6.6% to 834000 MarketWatch
US June new home sales down 6.6 pct to 834000 units vs 905000 expected Forbes
Forbes - Reuters
all 169 news articles

Home sales sink; 2 builders lose - Chicago Tribune

27 Jul 2007 at 3:02am

Philadelphia Daily News Home sales sink; 2 builders lose
Chicago Tribune, United States - Jul 27, 2007
The bad news for the housing industry continued Thursday, when the government said new- home sales in June fell more than expected and two major home ….
Things go from bad to worse for US home builders Washington Post
Things go from bad to worse for US home builders Reuters
UPDATE: US Home Builders Further Darken Housing Outlook CNNMoney.com
CNNMoney.com - News & Observer
all 112 news articles

HOME SALES, published July 28 - San Jose Mercury News

28 Jul 2007 at 4:56am

HOME SALES , published July 28
San Jose Mercury News,  USA - 8 hours ago
Real estate sales information is from public county records listed three to four weeks ago and provided by California REsource. Listings change weekly. ….

Sales, home values continue to drop - Bizjournals.com

26 Jul 2007 at 6:26pm

Sales , home values continue to drop
Bizjournals.com, NC - Jul 26, 2007
But sales in the Orlando area saw a steeper decline. The Orlando market saw existing single-family home sales drop by 43 percent, from 2800 in June 2006 to ….
Existing- home sales decline again Seattle Times
June sales of Valley homes reach 24-year low as median price rises Los Angeles Daily News
Home sales market still shrinking, but prices bottom out Bizjournals.com
Bizjournals.com - Orlando Sentinel
all 52 news articles

HOME SALES (Dallas Morning News)

28 Jul 2007 at 4:11am

This list of recent home sales in Mesquite and Balch Springs was compiled by MasterFiles Inc. from county deed records. The amount listed is the mortgage, not the total price. In each ZIP code, sales are organized alphabetically by street and include the date recorded.

Area home sales decline over '06 (The News & Advance)

27 Jul 2007 at 10:07pm

Home sales for the first half of the year are down in greater Lynchburg compared to the first half of 2006, but the region is not experiencing the same decline as other regions that experienced the run up in prices in the last five years, according to a report by the Virginia Association of Realtors released Friday.

Existing home sales fall locally (Asheville Citizen-Times)

27 Jul 2007 at 5:39pm

ASHEVILLE - The Buncombe County home market fell even further in June as existing home sales were down 19.2 percent over June 2006, according to figures from the N.C. Association of Realtors.

New-home sales down 6.6 percent (BizJournals)

27 Jul 2007 at 11:35am

The federal government reported new home sales dipped a hefty 6.6 percent in June. That was more than economists expected, which showed the continued sluggishness in the U.S. housing market and led to Thursday's decline in stocks.

Existing-home sales drop in Charlotte (BizJournals)

27 Jul 2007 at 10:44am

Existing-home sales in the Charlotte area fell 13 percent in June.

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Filed under Housing Market News by John W.
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Offering can help you to broaden your base of the potential buyers and may help you to in a buyer’s market. You can offer on your home in a number of ways. You can do 100% owner financing or partial owner financing depending on your financial situations and existing loan balance.
 
In 100% seller financing, you finance the entire amount of the sale price. You will not receive your entire proceed of the sales until the buyer’s loan is paid off. You can do 100% financing whether you own a house free and clear or a house with an existing loan.
In partial seller financing, you finance some amount of agreed certain percentage of the sale price, you will not receive that portion of the sale proceeds until the buyer pays off the total amount you financed.
 
However, if you need cash now, you can also sell the to other investors at a discount and cash out.

Then, what are the advantages to do owner financing?

Read more

Filed under Selling home owner financing by John W.
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