Archives: April 2016

Market Update: New home sales fall 1.5% in March

This morning’s U.S. Census Bureau report showed that new home sales in March fell 1.5% to a seasonally-adjusted annual rate of 511,000 units. Quicken Loans vice president Bill Banfield offers the following comments on the report.

Market Update: Existing home sales soar in March

The existing home sales report showed a 5.1% increase in March. Quicken Loans Vice President Bill Banfield offers comments:

Market Update: Housing Starts Drop 8.8% in March

Housing starts in March dropped 8.8 percent to an annual rate of 1.09 million units (SAAR).

Owner Optimism Outpaces Home Appraisals In Latest Quicken Loans Study

Home values increased 0.29% in March and rose 4.77% year-over-year, according to the national HVI.