U.S. Home Sales to Dip in January – NMP Skip to main content U.S. Home Sales to Dip in January
Feb 02, 2015 LLC has released a revised January Real Estate Nowcast projecting that existing home sales for the month will fall between seasonally adjusted annual rates (SAAR) of 4.83 and 5.19 million, with a targeted number of 5.01 million.

Based on the latest Google Trends data and updated housing market data tracked by—which together indicate a shift in January home sales—the adjusted Nowcast projections fall slightly below those released on Jan. 26 (between 4.90 and 5.21 million annual sales, with a targeted number of 5.06 million).

“Our January Nowcast, like the recent Pending Home Sales report from the National Association of Realtors (NAR), is pointing towards weaker demand by homebuyers as we enter 2015,” said Executive Vice President Rick Sharga. “In light of near record-low interest rates and slowing home price appreciation, it's troubling to see demand slow down from an already-lackluster level of activity. Hopefully as more inventory comes online in the spring selling season, buyers will return as well.”

Feb 02, 2015
Manufactured Housing: The New Affordable Alternative

While the housing market is grappling with widespread affordability and supply, manufactured homes are gaining ground as a new alternative. 

Industry News
Dec 03, 2021
Angel Oak Home Loans Opens 3 New Branches

Continues expansion in Western U.S. with new branches in California, Nevada & Utah.

Industry News
Dec 02, 2021
Open Mortgage Names New President

Joe Stephenson, formerly of American Advisors Group, to lead daily operations.

Industry News
Dec 01, 2021
Homepoint Expands Refinance Program Offerings

Now offers Freddie Mac’s new refinance option, Refi Possible, making it easier for many homeowners with a Freddie Mac-owned mortgage to reduce their interest rate.

Industry News
Nov 30, 2021
Non-QM Lender Deephaven Hires Business Development VP

Dallas-based Tim Fisher charged with growing Deephaven’s correspondent business In Texas and surrounding states

Industry News
Nov 30, 2021
Biden Reappoints Powell As Federal Reserve Chairman

A signal that The Fed will continue its policies as inflation surges and economic uncertainty spikes due to an emerging variant of the coronavirus. 

Industry News
Nov 29, 2021