Category Archives: Home sales

New home sales rose in October, boosted by more expensive homes

New home sales rose in October from the previous month, driven by sales of more expensive homes, offering some relief to a housing market that has been rattled by rapidly doubling mortgage rates. New home sales rose 7.5% in October from September to a seasonally adjusted annual rate of 632,000, the Commerce Department said Wednesday. […]

Home Sales Plunge, Investors Also Pull Back, Prices Drop 8.4% in 4 Months, Active Listings and Price Drops Increase Further

Sellers struggle with denial: at the “right price” a house will sell, but the “right” is where the buyers are, and they are much lower. By Wolf Richter for WOLF STREET. Sales of all types of previously owned homes – houses, condos and co-ops – fell 5.9% in October from September, the ninth straight month […]

US Existing Home Sales Fall in October; prices still high – World

WASHINGTON: Existing home sales in the United States fell for a ninth consecutive month in October as the 30-year fixed mortgage rate hit a 20-year high and prices remained high, putting homeownership on the property beyond the reach of many Americans. Sales of existing homes fell 5.9% to a seasonally adjusted annual rate of 4.43 […]

New home sales are down – and buyers who want one might now have an advantage

Image source: Getty Images Given the U.S. housing market has been sorely short of inventory since the end of 2020, you’d think buyers would be clamoring to buy homes. But in fact, the demand for new construction seems to be waning. New home sales fell 10.9% in September from August. And new construction sales were […]

Logan Mohtashami: Where is the bottom of new home sales?

September new home sales beat expectations, but don’t get too excited. While monthly supply has increased in this report, previous reports have all been revised down and sell levels are still historically low. New home sales are now below recession 2000 levels and have fallen to 1996 levels when interest rates were near 8%. As […]

Dayton-area home sales fall as mortgage rates and prices rise

She said she had worked with clients who had been looking for a home for several months and had seen mortgage rates go up, but noted that there were still many advantages to owning a home over renting, including including building net worth with payments. The hyperactive market over the past two years has been […]

6 Florida Cities Where Home Sales Are Plummeting

Nadezda Murmakova / Shutterstock.com Housing markets across the country are cooling rapidly, and perhaps nowhere is the freeze more apparent than in Florida. The Sunshine State was one of the hottest destinations for homebuyers during the flurry of real estate activity that swept the country as the COVID-19 pandemic raged. But now home sales are […]

Mortgage rates and prices rise, home sales fall in Washington County

As mortgage rates and average prices rose, home sales fell in the region and state in September. “We are seeing a downturn in the market right now,” Heather Weeks, realtor at Exit Preferred Realty and 2022 president of Pen-Mar Realtors, wrote in an email. “Some of that is seasonal, as we head into the winter […]

U.S. home sales and listings fell more than 20% in September — the biggest drop since the pandemic began. But houses are always getting more expensive. here’s how

U.S. home sales and listings fell more than 20% in September — the biggest drop since the pandemic began. But houses are always getting more expensive. here’s how The slowdown in the housing market continued significantly into September, according to the latest data from real estate brokerage Redfin. Home sales and listings fell during the […]

Mortgage applications fall with home sales

Source: Shutterstock. Mortgage applications fell for the fourth consecutive week as sales of existing homes continued to decline and interest rates hit new records. The National Association of Realtors (NAR) reported Thursday that existing homes sold at a seasonally adjusted annual rate of 4.71 million in September, down 24% from a year earlier and 1. […]

Existing Home Sales September 2022 | The bank rate

Existing home sales — that is, sales of used homes, not new construction — have trended lower all year. And with mortgage rates and prices remaining high, homebuyers are unlikely to be in a rush to make that purchase. A new report from the National Association of Realtors (NAR) indicates that more buyers are taking […]

Real estate bubble woes: home sales plummet, prices drop 7% in 3 months, price cuts surge. Soaring mortgage rates

Investors are also pulling back. By Wolf Richter for WOLF STREET. According to the National Association of Realtors in its report. Compared to the October 2020 peak, sales are down 30%. Beyond the two months of confinement of April and May 2020, this is the lowest sales rate since March 2014, and since the summer […]

Home sales in Singapore doubled in September 2022

Home sales in Singapore continue to rise (Getty Images) In today’s roundup of regional headlines, home sales in Singapore have rebounded to the second highest level this year, as Sweden’s EQT completes the acquisition of Baring Private Equity Asia, based in Hong Kong. Meanwhile, Chinese junk bonds hit an all-time high as the mainland housing […]

Industry leaders speak out on what’s next

For the third month in a row, pending home sales in the United States have fallen, the National Association of Realtors (NAR) recently reported. At the end of August, three of the four major regions recorded month-over-month declines in real estate transactions, with only the West registering a slight gain. Year-over-year, all four regions posted […]

Home sales plummet in Sioux Falls as prices rise – SiouxFalls.Business

October 7, 2022 Sales of gated homes in the city of Sioux Falls fell sharply in September as the average price of a home sold hit a record low. According to the Realtor Association of the Sioux Empire Inc., 269 sales were completed for the month. This represents a 24% year-over-year decline. Combined with a […]

The Daily Chase: Home sales drop in Toronto; Focus on OPEC+ production cuts

No surprise here: The slowdown in Canada’s largest housing market continued last month as rising interest rates dampened demand. Sales in the Greater Toronto Area fell nearly 11% in September and 44% from a year earlier, according to the Toronto Regional Real Estate Board. The average sale price was little changed at $1,086,762 (though down […]

The Daily Chase: Home sales drop in Toronto; Focus on OPEC+ production cuts

No surprise here: The slowdown in Canada’s largest housing market continued last month as rising interest rates dampened demand. Sales in the Greater Toronto Area fell nearly 11% in September and 44% from a year earlier, according to the Toronto Regional Real Estate Board. The average sale price was little changed at $1,086,762 (though down […]

Second worst September in two decades for home sales in Greater Victoria

Property sales in the area represented by the Victoria Real Estate Board (VREB) have fallen to numbers not seen in decades. A total of 410 properties sold in the VREB area, which includes Greater Victoria as well as Salt Spring Island and the Malahat area. This figure represents a decrease of 46.1% compared to the […]

Sales of high-end homes have doubled during the pandemic, but are expected to fall as the real estate market weakens

“Melbourne has been a bit slower because prices haven’t moved as fast…because of the lockdowns, but now it looks like there’s a lot of catching up going on,” she said. Victoria’s house price record was broken twice in one week last month. A rebuilt mansion in Toorak sold for over $80 million, while another sold […]

Rising interest rates dampen home sales in Virginia

RICHMOND, Va. (WRIC) – Rising interest rates appear to be cooling Virginia’s housing market. On Wednesday, the Federal Reserve approved a third consecutive hike of three-quarters of a percentage point, an effort to bring down stubbornly high inflation and falling consumer demand. But rapidly rising interest rates are also increasing monthly mortgage payments for potential […]

Luxury home sales plunge amid soaring rates and economic jitters

America’s long-running property party has come to a screeching halt. Luxury home sales fell a record 28% in the three months to August 31, compared to the same period last year, according to a new Redfin report. Amid exploding interest rates and growing economic uncertainty, affluent buyers are now turning away from the most expensive […]

Rising Interest Rates Cool Virginia Home Sales | WJHL

RICHMOND, Va. (WRIC) – Rising interest rates appear to be cooling the housing market in Virginia. On Wednesday, the Federal Reserve approved a third consecutive hike of three-quarters of a percentage point, an effort to bring down stubbornly high inflation and falling consumer demand. But rapidly rising interest rates are also increasing monthly mortgage payments […]

Rising mortgage costs dampen home sales as Fed raises interest rates

Signs of a struggling economy persist. And the level of interest rates and what that means for the nation remains difficult to predict. Estimates of this quarter’s gross domestic product, the measure of the country’s economic activity, fall at 0.3% after the housing news this week. A falling GDP can signal a shrinking economy or […]

Rising interest rates dampen home sales in Virginia

RICHMOND, Va. (WRIC) – Rising interest rates appear to be cooling Virginia’s housing market. On Wednesday, the Federal Reserve approved a third consecutive hike of three-quarters of a percentage point, an effort to bring down stubbornly high inflation and falling consumer demand. But rapidly rising interest rates are also increasing monthly mortgage payments for potential […]

Costco, FedEx Earnings, Fed Decision, Best Existing Home Sales Next Week

The founder of Satori Fun reacts to FedEx’s warning of a global recession, telling “The Claman Countdown” that our economic situation is due in part to the Fed initially ignoring the worst inflation in 40 years. Investors will be watching the Federal Reserve closely this week as the central bank releases its latest interest rate […]

Cape Cod real estate deals: Barnstable County’s most expensive home sales for the week ending September 10

A home in Dennis that sold for $3.9 million tops the list of Barnstable County’s most expensive home sales between Sept. 4-10. A total of 96 real estate sales were recorded in the area over the past week, with an average price of $725,084. The average price per square foot was $503. The prices in […]

Nursing home sales, closures and admissions halts come as staff shortages continue

As staffing shortages continue to plague nursing homes, sales, closures and admission halts are becoming more common, according to respondents to a survey conducted by Long-Term Care Imperative, a collaboration between LeadingAge Minnesota and Care Providers of Minnesota, the state affiliate of the American Healthcare Association. Sixty of 100 survey respondents said that due to […]

Holiday incentives to ensure home sales grow despite rate hikes

The recent 50 basis point increase in the repo rate has brought interest rates back to pre-pandemic levels, making home loans expensive. Following the rate hikes in May, June and August of this year, the banks have revised upwards the rates for mortgage loans. The era of low interest rates, which fueled strong demand for […]

3 stocks to avoid as existing home sales decline

The housing market has been hit hard by rising interest rates and inflation, which are eating away at buyers’ budgets. In addition, high home prices and rising mortgage rates have had a significant impact on homebuyer affordability. According to the National Association of Realtors monthly report, sales of existing homes fell nearly 6% sequentially and […]

China’s second-hand home sales begin to rise faster than new homes in some cities

(Yicai Global) Aug 31 — Second-hand apartment sales in China have risen for three straight weeks this month, outpacing sales of new properties in some places as local governments begin to put more emphasis on the pre owned market and as credit eases. Some 14,859 second-hand units changed hands in 10 Chinese cities last week, […]

Higher Interest Rates May Be Behind Slowing Home Sales in Yakima County | Company

A limited supply of Yakima County homes and continued demand to buy them has kept home prices up, but the number of sales so far this year is down from 2021. And interest rates higher may be one of the reasons. After falling below 3% for a 30-year fixed rate mortgage in 2021, interest rates […]

The recession in new home sales continues

Tuesday’s new home sales report missed expectations and saw negative revisions, which is unsurprising given that this sector of our economy simply cannot sustain higher mortgage rates. . The housing market is in a recession, which homebuilders and National Association of Realtors now agree with me, as this recent clip from CNBC shows. This means […]

New home sales fall 12.6% in July as rising prices take their toll

New home sales fell 12.6% in July from June and 29.6% from a year ago, according to a joint report by the US Department of Housing and Urban Development and the US Census Desk. This is the second consecutive month of decline. Just 511,000 new homes were sold last month, at a seasonally adjusted annualized […]

July home sales in Dayton continue to slow

Prices continued their upward trajectory as supply was reduced, with the average July selling price reaching $250,226, 11% above last year’s average, the organization said. The median price also rose, reaching $223,500, up more than 17% from a year ago, the group said. Despite the drop in the number of sales, the 1,551 transactions recorded […]

Home sales slow slightly amid rising interest rates | Immovable

Home sales have slowed in the Houston area due to higher interest rates, but that has done little locally to stem interest in buying in the area, according to several real estate agents. Sales of single-family homes fell about 17% in July, compared to the same month in 2021, according to an August report from […]

Queens’ second-quarter most expensive home sales

Kirsten Jordan of Douglas Elliman and 2728 Thomson Avenue in Queens (Corcoran, Douglas Elliman, Getty) The following is an overview of one of the hundreds of datasets that will be available on TRD Pro – the one stop real estate terminal that provides all the market data and information you need. Sustained demand for homes […]

Nearly a third of home sales are cash transactions. Should you pay cash for a house?

Image source: Getty Images When most people buy a house, they don’t pay for it directly. Mortgages are very common because they are an affordable type of debt and because most people don’t have the money to pay cash for a property. But this is not the case in all situations. In fact, the National […]

Long Island home sales have fallen more than 20% in the past year

Long Island home sales fell more than 20% in July from a year earlier, with the effects of rising mortgage rates becoming more evident even as prices hit all-time highs. There were 1,386 sales completed in Suffolk County last month, down 22.2% from July 2021. In Nassau, 1,104 transactions were completed in July, down 23.6% […]

Slowing home sales in the Valley create an interesting time for homebuyers

LAS VEGAS (KTNV) – For the first time since April, interest rates have fallen below 5%, but home prices are still too high for many. With home sales slowing in the Valley, many new home builders are offering up to $50,000 in purchase incentives. Jennifer Graff, the founder of New Homes Experts, thinks the sudden […]

Home sales plunge as mortgage rates and inflation soar

Image source: Getty Images Will house prices start to become more affordable? That’s the question many potential buyers ask, and recent data from the National Association of Realtors (NAR) may shed some light on the matter. NAR reports that while the median existing home price rose to $416,000, the percentage increase was down from the […]

Home sales plunge as mortgage rates and inflation soar

Image source: Getty Images Demand for mortgages falls to its lowest level in 22 years as consumers struggle to find an affordable price. Key points Sales of existing homes fell 5.4% from May to June, marking five months of decline. Mortgage applications fell for the third straight week, hitting the lowest level since 2000. The […]

Austin tops luxury home sales

AUSTIN – (By Dale King, Realty News Report) – Most sectors of the Texas housing market have spent at least two years enduring the vicissitudes of COVID-19, at the expense of soaring prices for single-family home buyers , supply shortages that delayed construction and building material inventories clogged with deliveries before inflation and soaring mortgage […]

Wintrust Business Luncheon 08/01/22: Declining New Home Sales, Rising Credit Card Debt and Upcoming Matrix Club Opening in Naperville | Radio WGN 720

Segment 1: Ilyce Glinkowner of Think Glink Media and Best Money Movesjoins John to talk about the amount of credit card debt people are carrying, how millennials’ net worth has increased dramatically during the pandemic, new home sales have fallen and a new survey from Lending Tree that shows how stressed parents are about going […]

China home sales plummet in July, exposing fragile market

NEWYou can now listen to Fox News articles! China’s housing market saw a sharp decline in home sales throughout July as underlying economic turmoil became more apparent. Sales fell 39.7% in July from the same period last year, marking a drop of around $77.6 billion – or 523.14 billion yuan. From June to July alone, […]

Home sales pending at lowest level since 2011. Should you sell your income properties ASAP?

Jhe housing market is showing various signs of slowing. And this is something that income property owners need to be aware of. In June, contracts signed for the purchase of existing homes fell 20% on an annual basis, according to the National Association of Realtors (NAR). This represents the slowest pace of sales since September […]

weak buyer sentiment drives clearance rates down

The number of successful auctions declined in the June quarter as rising interest rates, runaway inflation and weak consumer confidence create a difficult selling environment. According to CoreLogic, 31,439 auctions took place across Australia in the three months to June. Despite being the busiest second quarter of June on record in terms of volume, the […]

Pending home sales plunge in June as demand weighed down by soaring mortgage rates

Topline Pending home sales – a leading indicator of housing market activity – fell 20% more than expected in June from a year ago, according to new data from the National Association of Realtors on Wednesday, with experts warning that rising mortgage rates will continue to negatively impact demand. Soaring borrowing costs continued to hurt […]

New home sales in June fell 8.1% as mortgage rates rise and buyer demand wanes

Sales of new homes slowed through June to an annual pace of 590,000 units, the US Census Bureau said. The June number was the lowest since April 2020. Fewer Americans are buying homes and rising mortgage rates are making it even more expensive. Loading Something is loading. Housing costs continue to rise – and that’s […]

Decline in potential home sales

Potential is defined as the latent ability of something to develop into something greater in the future. Currently, the housing market is trying to find a new “post-pandemic normal” in an environment of rising interest rates, record inflation and seemingly never-ending house prices. First American financial company latest report, Potential home sale model covering June […]

Challenges ahead as home sales, mortgages and refinances continue to fall

Source: Adobe Stock. Mortgage applications fell for the third week in a row, hitting their lowest level since 2000, the Mortgage Bankers Association reported on Wednesday. Meanwhile, the National Association of Realtors reported Wednesday that the streak of declining existing home sales extended into a fifth month in June. The MBA Market Composite Index of […]

Existing home sales fall again in June as prices hit record high

Properties generally remained on the market for 14 days in June, compared to 16 days in May. Copyright 2017 The Associated Press. All rights reserved. Sales of existing homes fell for the fifth consecutive month in June, according to the National Association of Realtors. Three of the four major US regions saw lower month-over-month sales […]

San Francisco Bay Area, Southern California home sales crater, prices start to drop. California pending 40% sales collapse

The first year-over-year price declines come as California’s crazy housing market “normalizes” amid St. Moly mortgage rates. By Wolf Richter for WOLF STREET. Pending sales in California fell 40.6% in June from a year ago, according to the California Association of Realtors (CAR). Pending listings in June should turn into closed sales in July, or […]

Home sales down for the first half of 2022: “If people absolutely must not move, they are waiting to see what happens” | Company

The number of homes sold in the Baton Rouge metro in the first half was down 8.4% from the first six months of 2021 as rising interest rates caused a slowdown in activity. There were 6,529 homes sold through the end of June, according to figures released Monday by the Multiple Listings Service of the […]

Year-over-year home sales plummet across N.Va. during the first semester | news/arlington

Blame a lack of inventory, blame rising prices and interest rates, or credit the very hot home sales market at the start of 2021, but home sales in Northern Virginia’s top five jurisdictions posted a cumulative decline of 15.5% in the first six months of 2022 compared to a year before. A total of 18,372 […]

10 markets with the most canceled home sales

fizkes / Shutterstock.com Temperatures are rising, but the housing market appears to be cooling. About 60,000 people walked away from home-buying contracts in June, according to property service Redfin. That figure represents nearly 15% of homes listed for sale that month, and it’s the highest rate since the start of the COVID-19 pandemic. Here are […]

While home sales are down, why are home prices still up?

Looking at the housing market in the years 2020-2024, a risk that I identified early on was that house prices could accelerate more during this period than during the previous expansion if the channels of inventory were at historically low levels. I talked about having a 23% price growth model for the housing market in […]

Home sales finally picked up in May, but don’t pay too much attention…

“Perhaps the biggest problem is the persistent lack of housing supply,” she said. “Existing homes make up about 90% of the inventory, but existing owners are staying put. The average tenure in the United States is over 10.5 years. Fewer existing homeowners selling means fewer homes for sale and ultimately fewer sales. As mortgage rates […]

Vancouver home sales in June down 35% from a year ago, 16% from May: advice

Home sales in the Greater Vancouver area last month fell about 35% from last June and 16% from May 2022 as homes remained on the market longer and interest rates rose, a announced Tuesday the real estate board of the region. The continued easing that the Real Estate Board of Greater Vancouver detected last month […]

New Home Sales Surpass Estimates, But What Does That Mean? – Housing wire

New home sales beat overall estimates and had positive revisions. How the hell did this happen? Additionally, monthly supply data has been revised down from nine months to 8.3 months for the previous report. Let me tell you, we had a lot of shocked faces in economic land this morning. First, we must never forget […]

Are we headed for a real estate crash? What Home Sales Data Reveals

New home sales rose less than expected in the United States last month, following a slump in April, according to data released today by the Census Bureau. Sales of new single-family homes in May were 10.7 percentage points higher than April’s revised total of 629,000, when new home sales plunged 16.6% month-on-month to their most […]

New home sales rise unexpectedly, but the housing market continues to ‘crater’ – here’s when experts predict prices will plummet

Topline New home sales unexpectedly snapped a four-month losing streak and climbed more than economists expected in May, data showed Friday, but experts note the reprieve may not last long, citing the rising mortgage interest rates that should continue to dampen demand—likely to lower prices to record lows as early as the end of this […]

KB Home Joins Lennar With Earnings Pace, But Both Note Slowing Home Sales | Investor’s Business Daily

Builder Knowledge base home (KBH) on Wednesday night released second-quarter earnings and a full-year outlook that beat expectations, even as rising house prices and rising mortgage rates reduced demand for homes. X Shares of the company rose 3.7% ahead of Thursday’s open. KB Home earned $2.32 per share, above estimates of $2.04 per share. Sales […]

Los Angeles home sales down nearly 25% from last year: report

The competitive housing market in the United States continues to be a major obstacle for people looking to buy a home. In many places, homes are put on the market and within days they are sold for thousands of dollars above the asking price. Perhaps nowhere has this problem been seemingly more prevalent than in […]

Fitch sees China home sales drop up to 30% this year

Customers at a Qingdao property fair in happier times for the Chinese property market (Source: Getty Images) Fitch Ratings has downgraded its 2022 forecast for China home sales to a 25-30% drop as COVID-19 lockdowns, developer failures and consumer confidence erode. consumers continue to suppress buyer demand. Sales in the world’s largest housing market have […]

Stock market Swoon pulls the rug back from luxury home sales

The June liquidation did some work on them. By Wolf Richter for WOLF STREET. Manhattan luxury real estate versus the stock market’s downward spiral in June: In the week of June 19, only 12 sales contracts were signed for condos, co-ops and townhouses with prices Asked for $4 million and above, the worst week since […]

Home sales post rare drop in May as mortgage rates rise

Home buyers face mortgage rates close to 6%. Getty Home prices rose 1.5% month-over-month in May, their lowest increase for any May in Redfin’s records, which date back to 2012, according to a new Redfin report. a technology-driven real estate brokerage firm. The housing market cooled significantly as mortgage rates hit their highest levels since […]

Fannie Mae predicts a drop in home sales and creations in 2022-2023

Price, Market equilibrium, Economy, Law of supply, Equilibrium scale According to a new report from At Fannie Mae’s Economic and Strategic Group (ESR), a combination of rising interest rates and high inflation will continue to weigh on the housing market and now forecasts market growth of 1.2% for the full year. The ESR still predicts […]

US new home sales just plunged to pandemic-era lows

Image source: Getty Images After a banner year for home prices, home sales are beginning to slow as rising mortgage rates and high home prices impact demand. Sales of new single-family homes fell at a seasonally-adjusted annual rate of 591,000 units in April, according to a report from the US Census Bureau and the Department […]

Slowing home sales could mean a return to contingencies – Orange County Register

Change is inevitable. Just as we all held our breath (sometimes literally) at the start of the pandemic waiting to see what would happen to our jobs, our children, our savings and our home values. To our surprise, home sales and values ​​jumped. And whether you hold your breath for the good times to drag […]

Lake County Association of Realtors Updates Home Sales for April 23-May 23 – Lake County Record-Bee

LAKE COUNTY—Last Month in Real Estate: Total Sales through the Multiple Listing Service in the last month: 101, compared to 117 the previous month and 68 sales the previous month. These include traditionally built ‘wooden’ houses as well as prefabricated houses on earth. There were eight sales of mobile homes in parks (compared to seven […]

New home sales fall in 2022 as prices and mortgage rates rise

Many businesses featured on Money advertise with us. The opinions are our own, but the compensation and extensive research determines where and how businesses can appear. Learn more about how we earn money. Soaring mortgage rates and high house prices finally seem to be weighing on the housing market. New home sales fell 16.6% in […]

The housing market boom is ‘over’ as new home sales implode – here’s what to expect from prices this year

Topline Sales of new homes plunged unexpectedly much more than economists expected – and for the fourth consecutive month – in April, data showed on Tuesday, adding to signs that the once-booming housing market may be due to a sudden reversal. The monthly payment required to buy a home has increased by about 50% since […]

Best Memorial Day Home Sales: Pottery Barn From $1 & Up – E! On line

We’ve independently selected these products because we love them, and we hope you do too at these prices. Shop with E! has affiliate relationships, so we may receive a commission if you purchase something through our links. Prices are correct at time of publication. Items are sold by the retailer, not by E!. Memorial Day […]

Home sales and home construction heading for slowdown, says Fannie Mae

After the biggest mortgage rate hike in 40 years, homes are now less affordable than they were at the height of the housing bubble in 2006, which is expected to lower home sales and slow the pace of growth. home construction this year, Fannie Mae economists said Thursday. In their latest economic and housing outlook, […]

As supply rises and mortgage rates rise, U.S. home sales fall to lowest since June 2020, plunge in coastal California metros

Sales at the top are strong. The bottom falls in the rest of the market. “Rising interest rates and rising house prices have lowered demand for housing.” By Wolf Richter for WOLF STREET. In the United States, sales of used homes – houses, condominiums and townhouses – fell 2.4% in April from March, based on […]

Home sales fall again as mortgage rates rise | app

Sales of previously occupied U.S. homes slowed for the third consecutive month in April as mortgage rates jumped, pushing up borrowing costs for potential buyers as home prices hit new highs. Sales of existing homes fell 2.4% last month from March to a seasonally adjusted annual rate of 5.61 million, the National Association of Realtors […]

Institutional investors have a big impact on home sales, SFR

Institutional purchases of US homes are on the rise according to data from the National Association of Realtors. Consistent with other data sources, the analysis suggests that institutional investors, reacting to macroeconomic forces, are taking a large share of existing home sales likely emphasizing lower-priced units that would otherwise be available for sale. first-time buyers […]

Austin April home sales plunge amid record home prices

The classes, which were announced by the new unaccredited university when it launched in November 2021, will be attended by 80 students who are “cultivating the habits of civil discourse”. The university said it would seek to investigate a different question each week, starting with “Who am I as an individual?” as he encourages seminar […]

Denver Home Sales Seller’s Market May 2022 Update

The latest statistics from the Colorado Association of Realtors echo much of the data from the Denver Metro Association of Realtors, which recently released all-time highs for single-detached single-family homes, measured by both average and median prices. But many real estate agents quoted in the April CAR report offer at least a glimmer of hope […]