Mortgage News

While 2018 home prices rose, Whatcom sales were down. Here’s what that means for 2019.

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United States Home Prices and Home Values. Skip main navigation. Homepage. Buy. Homes for Sale.. homes currently listed in the United States is $294,000 while the median price of homes that sold is $234,400.. Listings & Sales Data through Jun 30, 2019.

While it is. 7.1% of starter home listings (the bottom third of listings in a city by price) failed, up from 2.4% in the fourth quarter of 2014. In 62 of the 100 largest metropolitan areas the.

While 2018 home prices rose, Whatcom sales were down. Here’s what that means for 2019 (The Bellingham Herald) Summit addresses need for affordable workforce housing in Mason County (KMAS-iFiberOne Radio) IMMIGRATION immigration protest organizers sue SeaTac after city bills them $37,000 for event security (The Seattle Times)

Prices reached their pre-recession high in 2006. In the decade between then and Obama’s final year, home prices rose 6.1 percent, while the Consumer Price Index rose 19 percent. Home Ownership.

Housing Sales slumped 8.5% from one year ago, the lowest sales since 2015. Prices still rose another 2.8% to a median of $247,500 nationwide. The real story was the drop in lower priced homes as depicted in this graphic from NAR. With low mortgage rates, it’s believed sales will once again grow. 60,000 more homes were on the market.

FHFA HOME PRICES (April 2019)-Home prices rose 0.4% from March to April 2019-Prices rose 5.2% from April 2018 to April 2019. New home sales were down for the month of May and trending down year.

Here’s the chart of median prices compared to a year ago. The biggest increase in home prices in June was Skagit, where prices rose 12 percent. Kitsap was close behind with an 11 percent increase. Every other county was in the single digits. Closed sales were down in every county but Skagit, where they managed an increase of less than one percent.

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Real home prices were up 41 percent between 2011 to 2018 and stand within 2 percent of the 2006 peak, according to the FHA. That translates to a real median sales price of $259,300 for existing.

A new federal report found wages rose significantly across Washington state last fall. “The increase in Seattle is impressive,” Hodges said in an email. While Whatcom’s year-over-year increase was.

Three percent mortgage rates are a real possibility in 2019, and in fact, already here for some borrowers, according to The Mortgage Reports daily survey. See if you qualify for a rate in the 3s.