Existing-home sales decline for fifth time in six months

Digital mortgage firm Qualia gets new round of funding  · LenderClose, a digital lending platform for credit unions and community banks, is ready to plot the next stage of its growth thanks to a new investment from Next Level Ventures, a venture capital firm that invests in growing companies based in Iowa. LenderClose, which was founded two years ago, is based in Des Moines, Iowa.

Existing-home sales rebounded in May, recording an increase in sales for the first time in two months, according to the National Association of Realtors. Each of the four major U.S. regions saw a growth in sales, with the Northeast experiencing the biggest surge last month.

The number of new contracts for existing home sales barely. an 0.5 percent decline. It is the second month in a row the forward-looking indicator has fallen and for the fifth straight month it lags.

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October Existing Home Sales Rise for First Time in 6 Months.. Gains in the Northeast, South and West – a reversal from last month’s steep decline or plateau in all regions – helped.

Sales of previously owned U.S. homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available.

Fiserv acquires LOS vendor PCLender February’s foreclosure inventory fell to lowest rate since 1999 The inventory of existing homes for sale fell 4.9 percent to 1.74 million, the lowest level since December 1999. At the reported sales pace, that represents a 4.2 month supply of homes for sale. · Fiserv acquired the assets of PCLender, LLC, a provider of internet-based mortgage software and mortgage lending technology solutions. This acquisition will enhance the Fiserv suite of mortgage origination services, which enable Fiserv clients to deliver the experience today’s consumers and mortgage lenders expect.

Existing Home Sales - Economic Insights The May decrease followed a 2.5% decline in April sales and leaves existing-home. month over month at 31%. For all of 2017, first-time buyers accounted for 34% of sales, down one percentage point.

U.S. Existing-Home Sales Post Fifth Decline in Six Months. Bloomberg – Reade Pickert. Sales of previously owned U.S. homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this.

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(Bloomberg) — Sales of previously owned U.S. homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available properties. Contract closings fell 0.4% from the prior month to a 5.

WASHINGTON (May 21, 2019) – Existing-home sales saw a minor decline in April, continuing March’s drop in sales, according to the National Association of Realtors.Two of the four major U.S. regions saw a slight dip in sales, while the West saw growth and the Midwest essentially bore no changes last month.

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