Rockland County New York Real Estate» nanuet real estate

2010 Rockland County Real Estate Residential Market Reports

admin — Fri, 26 Feb 2010 13:28:19 +0000

2010 Residential Reports

January & February

Residential Market Reports:

What you will be viewing
is a pdf.file.

The data is sorted into four (4) categories. All reports are prepared using statistics from The Greater Hudson Valley Multiple Listing Service.

.

TRENDS IN 2010
Excerpt: The The housing market in 2010 is virtually guaranteed to be better than that of 2009. Sales will improve at the upper end of the market as banks’ view of non agency backed loans as less risky spreads. But rising mortgage rates across the board may create headwinds for sales growth as the economy recovers in late 2010. Regardless, the national market will likely achieve a higher level of sales volume, well below the heady days of 2006, but at a steady, more stable level of sales.
(source: GHVmls and Bankrate.com)

ECONOMIC OUTLOOK & HOME OWNERSHIP

Check Back Often For Updates

Long Term Rates Fall to Lowest Level in Five Weeks

admin — Fri, 13 Nov 2009 16:56:11 +0000

UPDATE: Nov. 13, 2009

LONG-TERM RATES FALL TO LOWEST LEVEL IN FIVE WEEKS.
30-Year FRM Below 5 Percent For Five Of The Last Seven Weeks
.

“Mortgage rates eased further over the week, helping to promote an affordable home-purchase market and stimulate refinance,” said Frank Nothaft, Freddie Mac vice president and chief economist. “This comes at a time when house price declines are moderating and consumer demand for prime mortgages at commercial banks has picked up.“The National Association of Realtors® reported that national median sales price of existing homes
fell 11.2 percent in the third quarter relative to the same period last year,. Moreover, almost 20 percent of the top metropolitan areas experienced

The Hamlets of Nanuet Market Report

admin — Tue, 07 Apr 2009 22:24:18 +0000

The Hamlets - All Properties Listed For Sale in 2009

The Hamlets - All Properties SOLD and Closed in 2009

THE HAMLETS OF NANUET MARKET REPORT

2009 Market Update