January’s existing home sales fell 4.9 percent in January. Quicken Loans Vice President Bill Banfield offers the following comments on the report.
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.
Home values in January rebounded from a decrease in December.
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 […]
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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|2013-2014 Loan Volume:||$140B|
|Residential Lender Rank:||2|
Detroit-based Quicken Loans Inc. is the nation’s second largest retail home mortgage lender. The company closed $140 billion of mortgage volume across all 50 states in 2013-2014.