As a result of nearly four years of rising median sales prices, a shortage of affordable homes is affecting total home sales, according to the housing market report released today by the New York State Association of REALTORS®. The median sales price has risen 44 consecutive months, escalating 8.0 percent in August to $296,900 in a year-over-year comparison.
SPIG S.p.A., a subsidiary of Babcock & Wilcox Enterprises, Inc. (BW), has been awarded a contract to supply a sea water cooling tower to SEPCOIII for the Al Dur Phase II Independent Water and Power Project in the Kingdom of Bahrain. Al Dur Phase II is a 1,500-megawatt, combined cycle gas turbine plant with a desalination component capable of producing up to 50 million gallons of fresh water each day.
August was the strongest month for sales of U.S. homes in nearly a year and a half, sparking fresh hope that a protracted slump in the housing market may finally be starting to reverse. Sales of previously owned U.S. homes rose 1.3% in August from July to a seasonally adjusted annual rate of 5.49 million, the National Association of Realtors said Thursday. Economists surveyed by The Wall Street Journal expected sales to fall 1.1% last month.
COLUMBUS, Ohio, Sept. 19, 2019 Data from the latest Health of Housing Markets Report from Nationwide Economics says that, while housing fundamentals are still in good shape, existing home sales are likely in year two of a downward trend.
IRVINE, Calif. With deals totaling $30 billion, strong M&A activity created a surge in the CRE market in the second half of 2018. According to RCA, total second quarter deal volume rose 10% year-over-year and saw an increase of 24% from Q1, bringing Q2 CRE deal volume to $136.8 billion.
Sales volume remains elevated, but economic concerns may outweigh the bargain low rates offer. The numbers: Sales of previously-owned homes jumped 1.3% in August as falling mortgage rates continued to entice consumers. Existing-home sales occurred at a 5.49 million seasonally-adjusted annual pace in August, up from a 5.42 million rate in July, the National Association of Realtors said Thursday.
MAITLAND, Fla. The Maitland office marks EPM's fourth office in the state of Florida, to meet the growing need for experienced mortgage professionals in the state's housing market. Swanson and Vargas have over 16 years of experience in the mortgage industry.
Home buyers in their 20 s and 30 s are' having to be very creative' to come up with down payment money. Millennial home buyers are going to some troubling lengths to foot the bill for their first homes, according to a new survey. Millennials are more likely than their older counterparts to fund their down payment and closing costs by dipping into retirement savings, saving money by moving in with family or friends or selling personal items, a recent Bankrate survey of 2,582 U.S. adults...
MADISON, N.J. and DENVER, Sept. 18, 2019 Realogy Holdings Corp. (RLGY), the leading and most integrated provider of residential real estate services in the United States, and HomeAdvisor®, a leading digital marketplace evolving the way homeowners find, connect and purchase home services, announced today the launch of RealVitalize, a home improvement program.
DENVER and MADISON, N.J., Sept. 18, 2019 Realogy Holdings Corp. (RLGY), the leading and most integrated provider of residential real estate services in the United States, and HomeAdvisor®, a leading digital marketplace evolving the way homeowners find, connect and purchase home services, announced today the launch of RealVitalize, a home improvement program.
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