Hamptons homebuyers hold off while waiting for lower prices

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Top-heavy housing market is crowding out the little guys Florida emerges to assess damage as Irma ebbs to mere storm From Bloomberg: Top-Heavy U.S. Housing Market Is Crowding Out the Little Guys. The U.S. housing market is looking a little top-heavy these days. Beneath a steady May existing home-sales number that helped put to rest fears that the busy selling season had perhaps hit a lull, the lingering supply issues haunting the industry could be making the market less stable as it continues to limit entry.

U.S. purchases of new homes fell in June to the slowest pace in eight months, while the median selling price declined to the lowest in more than a year, adding to signs the housing market is cooling, according to government data Wednesday.. New-Home Sales Drop to Eight-Month Low as Prices Fall.

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Pace of new-home sales suggests steady housing strength WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell more than expected in December, but lean inventories and steady price gains suggested the housing. strength in the economy. “It’s.

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“Resale inventory is so low, and builders can’t build houses as fast as they are selling, particularly at the lower-end prices.” Some developers. once rather than go into temporary housing while.

5 Reasons to Hold Off on Buying a Home Now. If you can’t find the house you want or your finances aren’t up to par, it might be best to wait a while to buy a home. (Getty Images) Find a Top Agent . With lower down payments, you’ll pay more with the addition of mortgage insurance, which.

Hamptons Homebuyers Hold Off While They Wait for Lower Prices-Bloomberg. LI starter homes snapped up while luxury sales slow, report shows-newsday. los Angeles Luxury Market Saw Strong Second Quarter-Mansion Global Aspen Luxury Market Cools During Off-Peak Ski Season-Mansion Global Done Deals-Big catch in Rye-Real Estate Weekly

Would-be homebuyers in New York’s Hamptons are holding off on purchases as they wait for sellers to bring prices down. Sales in the Long Island resort towns tumbled 13 percent in the second quarter.

Record issuance of non-QM securities in the first quarter Record issuance of non-QM securities in the first quarter. – Non-qualified mortgage-backed securities record issuance in the first quarter puts it on pace to top full-year volume predictions, according to a Keefe, Bruyette & Woods report. Securitized non-QM loans totaled .7 billion for the first quarter, approximately half of 2018’s total volume and "easily the most active quarter in the market since the first transaction.Citi names Chubak to head consumer retail banking and mortgage