U.S. New-Home Sales Rise 4.4% in July
Getty ImagesThe numbers: Sales of newly built homes in the U.S. rose in July, as home buyers continued to turn to home builders for inventory.Home buyers are finding few listings of previously-owned homes, and are turning to builders, who have scaled up efforts to build more homes.U.S. new home sale
July New-Home Sales Reach 17-Month High
In a seasonally adjusted month-to-month comparison, July sales were 4.4% higher than June sales. Year-to-year sales were up 31.5%.
Forbearance? Down in July and Drop Continues
The Mortgage Bankers Association says the number of homeowners getting forbearance mortgage help dropped 5 basis points in July and is now only 0.39%.
Categories
Recent Posts
Disgraced Purdue Pharma Exec Richard Sackler Must Forfeit His $63 Million Mansion To Settle Opioid Claims, Judge Rules
Beloved ‘Star Trek’ Actor Patrick Stewart Dies at Home in Los Angeles
Floyd Mayweather Jr. Ordered To Pay $340K After Failing To Settle Rent Dispute Over $100K-a-Month NYC Condo
MLB Legend Matt Holliday Lists Stunning Arizona Estate for $11.6M Just Months After Buying It
Passengers Who Sold Their Homes for a $120K ‘Perpetual Cruise’ Are Now Stranded in Cambodia
Homeowners Face Foreclosure After Developer-Run HOA Raised Monthly Fees to $2.5K
Stevie Wonder’s Ex-Fiancée Calls Him a ‘Manipulator’ as He Moves To Evict Her From L.A. Home of Nearly 40 Years
Down Payment Programs You Can Use Now To Get a Foot Into the Housing Market
Mortgage Rates Drop to 1-Month Low, Offering Buyers Relief Ahead of Midterm Elections
Jennifer Lopez Channels Empty-Nest ‘Devastation’ Into New Music After Twins Leave California Home for College