Andrew LePage - CoreLogic
Last quote by Andrew LePage
But this summer's year-over-year gains each month averaged 8 percent, an increase from an average gain of 6 percent last summer. The 7.5 percent year-over-year gain in the August 2017 median sale price understates the rise in the cost of homeownership over the past year because a roughly 0.5 percentage point gain in mortgage rates over that period has caused the mortgage payment – principal and interest – on that median-priced home to increase nearly 14 percent.feedback
Sep 25 2017
Andrew LePage has been quoted in 4 different articles. Most recently, Andrew LePage has been quoted saying, “The San Francisco Bay Area posted modest year-over-year gains in home sales this May and June, but a tight inventory and waning affordability have taken a toll, and July 2017 sales fell to the lowest level for a July in six years.” in an article called Home sales drop-again-and will continue ‘unless supply miraculously improves’. This is only one of 4 quotes from Andrew LePage. To see more examples Andrew LePage’s views and opinions, check out the section below. You can filter Andrew LePage's quotes by date and by topic to see, for example, what Andrew LePage said about home recently and in the past.
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Quotes by Andrew LePage
Aug 31 2017
The San Francisco Bay Area posted modest year-over-year gains in home sales this May and June, but a tight inventory and waning affordability have taken a toll, and July 2017 sales fell to the lowest level for a July in six years.feedback
Mar 23 2017
Activity continues to be constrained by the decline in affordability and the relatively thin inventory of homes for sale. San Bernardino County, which has the region's lowest median sale price and entices many first-time buyers and others priced out of coastal markets, was the only Southern California county to post a year-over-year increase in sales this February.feedback
Jun 23 2016
The tight supply of homes on the market continues to constrain sales, while low mortgage rates and job growth help fuel healthy demand. This results in a pressure cooker effect, and the market's traditional pressure release valve – new home construction – isn't helping much, given that new home sales are running more than 40 percent below historically normal levels.feedback
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