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Market update: Existing home sales drop 4.9% in January

January’s existing home sales fell 4.9 percent in January. Quicken Loans Vice President Bill Banfield offers the following comments on the report.

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Market Update: Housing starts decrease 2% in January

This morning’s Census Bureau report showed that housing starts in January decreased 2 percent to an annual rate of 1.07 million units. Quicken Loans Vice President Bill Banfield offers the following comment on the report.

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Quicken Loans Study Shows Appraiser and Homeowner Opinions in January Nearly Equal

Home values in January rebounded from a decrease in December.

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Market Update: Home prices continue yearly gains

According to the Case-Shiller 20-City Home Price Index for November, home prices fell 0.2 percent month-over-month, but rose 4.3 percent year-over-year. Quicken Loans Vice President Bill Banfield offers the following comments on the report: “Home prices continue to show modest increases on a year over year basis. This is encouraging on several fronts including homeowners […]

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Market Update: Housing starts rise 4.4% in December

This morning’s housing starts report showed a 4.4 percent increase in new home construction and permits for single-family homes rose 4.5 percent. Quicken Loans Vice President Bill Banfield offers the following comment on the report. “2014 ended on a high note for home builders, with construction on new homes rising significantly in December. This, paired […]

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