We’ll add more market news briefs throughout the day. Check back to read the latest.

CoreLogic’s July 2015 cash sale shares:

  • Cash sales comprised 30.8 percent of total home sales in July 2015, down from 34.2 percent in July 2014.
  • Month-over-month, the share of cash sales fell by 0.5 percentage points.
  • Prior to the housing crisis, the cash sales share of total home sales was about 25 percent; CoreLogic estimates if the share continues to fall, it should hit 25 percent by mid-2017.

 

boesel_cash_fig2_large

Black Knight Financial Services’ “first look” at September 2015 mortgage data:

  • The mortgage delinquency rate was up 1.7 percent month-over-month in September 2015.
  • Overall non-current inventory (with loans 30 or more days past due or in foreclosure) is 3.2 million.
  • Foreclosure and 90-day delinquent inventories continue to improve despite rise in delinquency rate.

BKFS_First_Look_Sep2015_Chart01

Campbell/Inside Mortgage Finance HousingPulse Tracking Survey:

  • Prices on non-distressed properties hit $296,700 in September 2015.
  • Prices on non-distressed properties were up 8.6 percent year-over-year in September.
  • The average sale-to-list price ratio for non-distressed properties was 97.8 percent in September, up from 97.5 percent in September 2014.

Mortgage rates:

[graphiq id=”b2w6fmfIyNL” title=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months” width=”600″ height=”400″ url=”https://w.graphiq.com/w/b2w6fmfIyNL” link=”http://mortgage-lenders.credio.com” link_text=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio”]

[graphiq id=”2NvK9Bl9HIF” title=”15-Year Fixed Rate Mortgage Rates for the Past 6 Months” width=”600″ height=”400″ url=”https://w.graphiq.com/w/2NvK9Bl9HIF” link=”http://mortgage-lenders.credio.com” link_text=”15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio”]

Home equity rates:

[graphiq id=”kPkTJrAnX5r” title=”Average Home Equity Loan Bank Rates by State” width=”600″ height=”465″ url=”https://w.graphiq.com/w/kPkTJrAnX5r” link=”http://mortgage-lenders.credio.com” link_text=”Average Home Equity Loan Bank Rates by State | Credio”]

[graphiq id=”dP0v3iYOnH” title=”Average Home Equity Loan Credit Union Rates by State” width=”600″ height=”465″ url=”https://w.graphiq.com/w/dP0v3iYOnH” link=”http://mortgage-lenders.credio.com” link_text=”Average Home Equity Loan Credit Union Rates by State | Credio”]

Yesterday’s most recent market news:

First American’s Existing-Home Sales Capacity (EHS-C) for September 2015:

  • The EHS-C rate decreased by 0.1 percent month-over-month in September 2015 and 3.6 percent year-over-year.
  • The seasonally adjusted annualized rate of existing-home sales capacity is up 77.1 percent from February 2009, the lowest point recorded by First American.
  • Existing-home sales spiked in July, dropped in August and rebounded in September.

capacity-home-sales-moderating-10222015

The National Association of Realtors’ existing-home sales report for September 2015:

  • Total existing-home sales increased 4.7 percent month-over-month in September 2015.
  • The median existing-home price increased 6.1 percent year-over-year.
  • Total housing inventory decreased 2.6 percent month-over-month and 3.1 percent year-over-year.
September EHS Infographic

NAR’s September existing-home sales infographic.

Freddie Mac’s Primary Mortgage Market Survey:

  • 30-year fixed-rate mortgages (FRMs) averaged 3.79 percent with an average 0.6 point for the week ending October 22, 2015; this is down from 3.82 percent the previous week and 3.92 percent the previous year.
  • 15-year FRMs averaged 2.98 percent with an average 0.5 point, down from 3.03 percent the previous week and 3.08 percent the previous year.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgages averaged 2.89 percent with an average 0.4 point, up from 2.88 percent the previous week and down from 2.91 percent the previous year.

pmms_chart

Federal Housing Finance Agency’s August 2015 House Price Index:

  • Prices for homes rose 0.3 percent month-over-month in August 2015.
  • Home prices in August 2015 were up 5.5 percent year-over-year.
  • The index is roughly the same as its December 2006 level.

fhfa-monthly-price-index-sept2015

Realtytrac U.S. Home Equity & Underwater report for Q3:

  • The number of seriously underwater homeowners dropped significantly in the third quarter of 2015 due to rising home sales volumes and prices.
  • The number of equity rich homeowners went down, at the same time, as more homeowners leveraged their equity and refinanced, traded up or cashed out completely.
  • Only one in three properties in foreclosure was seriously underwater, the lowest level since RealtyTrac began tracking in the Q1 2012 and down from a peak of 62 percent underwater in the second quarter of 2012.

image002

HOPE NOW’s August 2015 foreclosure sales report:

  • Foreclosure activity is at its lowest level since 2007, when the organization began collecting data.
  • Foreclosure sales decreased 7 percent month-over-month in August 2015.
  • Foreclosure sales decreased 23 percent year-over-year in August 2015.

 

image003

image005

The Houzz third-quarter renovation index:

  • Landscape specialty firms have reported a quarterly activity decrease of 21 percent.
  • General contractors, remodelers and design-build firms are in the shortest supply.
  • Year-over-year gains continue across all industry groups, though.

houzz-renovation-index

Send market reports to press@inman.com.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×