Archives: October 2016

Market Update: Existing home sales rise 3.2 percent in September

The Existing Home Sales Report showed home resales increased 3.2% in September, to a seasonally adjusted annual rate of 5.47 million. Quicken Loans vice president Bill Banfield offers the following comments on the report:

Market Update: Housing starts decrease 9 percent for September

Housing starts dropped 9 percent in September to a seasonally adjusted rate of 1.05 million units. Quicken Loans Vice President Bill Banfield offers the following comments on the report.

Gap Between Appraisals and Perceived Home Value Narrows in September

Home values dipped 0.28% in September but rose 7.78% year-over-year, according to the National HVI.