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Number of Homes Listed for Sale Decline in November
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You're Now Reading:
Number of Homes Listed for Sale Decline in November
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Number of Homes Listed for Sale Decline in November
Mortgage Calculator
Mortgage Rates
Home Buying Tips
Home Selling Tips
About Mortgages
Mortgage Calculator
Mortgage Rates

December 8 2010 (Chris Moore)
home-for-sale-sign
According to figures compiled by ZipRealty Inc., the number of homes listed for sale declined in many metropolitan areas last month by a larger than usual amount. The supply of homes in 26 major metropolitan areas fell by 3.8 percent, marking the second straight monthly inventory decline.

The data covers all single-family homes, condos, and town houses listed on local multiple listing services (MLS) where Zip Realty operates.

Real estate analysts believe that the foreclosure suspensions may have played a critical role in the decline in listings. Typically inventories decline in November around 1.8 percent based on data collected over the last 28 years.

Inventory was still up by 11.6 percent from a year ago and it would take approximately 10.5 months at the current sales rate to clear the backlog of homes. A healthy market typically has a six month supply.

The largest month-over-month declines came in Boston (10%); Austin, Texas (9.5%); San Francisco (9.3%); and Seattle (7.4%).
Inventories fell for the first time this year in Los Angeles, whereas inventories increased in Las Vegas, Orlando, San Diego, and Tucson, Arizona. Those four cities were the only metropolitan areas to show an increase in inventories.

Tags: housing inventory, single-family homes, condominiums, town houses, foreclosure suspensions, inventories decline

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Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Home Buying
Tips
Home Selling
Tips
About
Mortgages
Mortgage
Calculator
Mortgage
Rates

December 8 2010 (Chris Moore)
home-for-sale-sign
According to figures compiled by ZipRealty Inc., the number of homes listed for sale declined in many metropolitan areas last month by a larger than usual amount. The supply of homes in 26 major metropolitan areas fell by 3.8 percent, marking the second straight monthly inventory decline.

The data covers all single-family homes, condos, and town houses listed on local multiple listing services (MLS) where Zip Realty operates.

Real estate analysts believe that the foreclosure suspensions may have played a critical role in the decline in listings. Typically inventories decline in November around 1.8 percent based on data collected over the last 28 years.

Inventory was still up by 11.6 percent from a year ago and it would take approximately 10.5 months at the current sales rate to clear the backlog of homes. A healthy market typically has a six month supply.

The largest month-over-month declines came in Boston (10%); Austin, Texas (9.5%); San Francisco (9.3%); and Seattle (7.4%).
Inventories fell for the first time this year in Los Angeles, whereas inventories increased in Las Vegas, Orlando, San Diego, and Tucson, Arizona. Those four cities were the only metropolitan areas to show an increase in inventories.

Tags: housing inventory, single-family homes, condominiums, town houses, foreclosure suspensions, inventories decline

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

December 8 2010 (Chris Moore)
home-for-sale-sign
According to figures compiled by ZipRealty Inc., the number of homes listed for sale declined in many metropolitan areas last month by a larger than usual amount. The supply of homes in 26 major metropolitan areas fell by 3.8 percent, marking the second straight monthly inventory decline.

The data covers all single-family homes, condos, and town houses listed on local multiple listing services (MLS) where Zip Realty operates.

Real estate analysts believe that the foreclosure suspensions may have played a critical role in the decline in listings. Typically inventories decline in November around 1.8 percent based on data collected over the last 28 years.

Inventory was still up by 11.6 percent from a year ago and it would take approximately 10.5 months at the current sales rate to clear the backlog of homes. A healthy market typically has a six month supply.

The largest month-over-month declines came in Boston (10%); Austin, Texas (9.5%); San Francisco (9.3%); and Seattle (7.4%).
Inventories fell for the first time this year in Los Angeles, whereas inventories increased in Las Vegas, Orlando, San Diego, and Tucson, Arizona. Those four cities were the only metropolitan areas to show an increase in inventories.

Tags: housing inventory, single-family homes, condominiums, town houses, foreclosure suspensions, inventories decline

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.