Existing-home sales rose higher in July, while low inventory levels and rising prices are the largest factors lowering sales to first-time buyers to their lowest share since January, according to a report from the National Association of Realtors released Thursday.
Read More »Home Prices Climb in Almost all Metro Areas in Q2
Home prices rose in almost all metro areas in the U.S. mostly due to the increase in home sales, according to the latest quarterly report by the National Association of Realtors.
Read More »Pending Home Sales Drop in June After Five Months of Increases
For the first time in 2015, pending home sales declined in June, slowing momentum in the height of the homebuying summer season.
Read More »Home Prices Reach All-Time High; Existing Sales at Highest Peak in Eight Years
Due to increasing demand and limited supply of homes, the national median sales price of homes has reached a new record high. Additionally, existing-home sales increased in June to their highest pace in over eight years, according to a report from the National Association of Realtors released Wednesday.
Read More »Despite Rising Prices, Over Half of Properties Sold at a Discounted Rate in May
As home prices continue to increase and the market picks up momentum, more properties are being sold at a discounted price. In a recent blog from the National Association of Realtors (NAR), author Scholastica Cororaton, a research economist at NAR found that 63 percent of properties sold at a discount compared to the listing price in May 2015, according to the May 2015 Realtors Confidence Index Survey.
Read More »Survey Finds Like-Kind Exchanges Promote Economic & Job Growth
Like-kind exchanges in the real estate market are an important factor for property acquisition and disposal, and they also support the nation's financial growth, job creation, and economy, according to a new report from the National Association of Realtors (NAR).
Read More »Report Finds Supply & Demand Growth is Driving Housing Market to New Highs
Healthy demand and 4 percent month-over-month growth in supply are pushing housing markets to their best position since 2006, maintaining their springtime momentum and increasing sales in June 2015, according to Realtor.com’s ‘Advance Read on June Trends’ released today. Realtor.com also listed markets that receive double or triple the amount of views per listing on the site compared to national average.
Read More »Existing-Home Sales Reach Highest Peak in Six Years and Expected to Keep Rising
As first-time buyers return to the housing market, the total number of existing-home sales saw the largest increase in May than it has in nearly six years, according to a report by the National Association of Realtors (NAR). May home sales experienced a growth spurt following April's decline and are now at their highest pace since November 2009.
Read More »Pending Home Sales at Highest Level Since 2006
The National Association of Realtors (NAR) recently reported in their Pending Home Sales Index (PHSI) that, pending home sales increased in April for the fourth consecutive month and reached their highest peak in nine years. All four major regions saw growth in April, led by the Northeast and Midwest.
Read More »Salary Needed to Afford a Median-Priced Home in 27 Metro Areas
The salary consumers need to purchase a home varies from city-to-city across the country, but San Francisco remains the most unaffordable city all consumers except those with high salaries, according to a recent HSH.com survey.
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