Category Archives: Home sales

Top 10 home sales of the week | Jax Daily Record | Jacksonville Daily Record

DUVAL $4,800,000 900 Brookwood Road, Jacksonville Type: Single-family lot Land area: 2.94 acres Purchaser: Francis R. Sanchez Revocable Trust Seller: Kennard Investors Corp. Inc. Previous sale: $1,000,000 in 2016 About the Property: The St. Johns Riverside corner lot features 305 feet of water frontage along with an adjacent canal, two docks, a boathouse and boat […]

15 cities with the most luxury home sales

EpicStockMedia / Shutterstock.com Editor’s Note: This story originally appeared on Inspection Support Network. One of the dominant economic stories since the start of the COVID-19 pandemic has been the fiercely competitive housing market. The median sale price of a home in the United States topped $400,000 for the first time in 2021 amid aggressive bids […]

Crater in Toronto new home sales, single-family home prices drop and condos rise

Greater Toronto real estate is doing some soul-searching after soaring mortgage costs. Data from Altus Group and developer group BILD GTA show new home sales soared in March. Demand fell in all segments, but so did inventory. Despite the scarcity of inventory, prices for single-family homes still saw the benchmark price drop. Single-family home prices […]

What’s next for home sales: ‘Buyers will likely see rates in the mid to high 5% range as the market evolves’ | Jax Daily Record | Jacksonville Daily Record

By Eric Spottswood | Regional Market Manager, Prosperity Home Mortgage LLC With interest rates expected to rise several times this year, what is currently happening in the mortgage industry? Rates have risen rapidly and dramatically this year, from an average of over 2.75% in November to over 5% in April. This has caused an already […]

Pending home sales down for fifth straight month

According to the last Pending Home Sales Index (PHSI) According to the National Association of Realtors (NAR), pending home sales fell 4.1% month-over-month in March, marking the fifth consecutive month of declining transactions. Year-over-year, pending home sales fell 8.2% in March, marking the tenth consecutive month of annual decline. “The decline in contract signings implies […]

Financial capacity limits pending home sales

According to the latest information from the National Association of Realtors (NAR), pending home sales fell 4.1% month over month in March, marking the fifth consecutive month of declining transactions. Year-over-year, pending home sales fell 8.2% in March, marking the tenth consecutive month of annual decline. “The decline in contract signings implies that multiple offers […]

Mortgage volume crushed by rate spikes: What it means for home sales and consumer spending

xijian/E+ via Getty Images The boom is over. And there are wider effects. Soaring mortgage rates are multiplying the effects of exploding house prices on mortgage payments, and it’s taken layer after layer of homebuyers out of the market for the last four months. And we can see that. Mortgage applications to buy a home […]

Pending home sales slip as rising mortgage rates impact affordability

What the data shows: Contract signings for existing homes fell for the fifth straight month in March, falling 1.2%. Mortgage rates rose from 3.76% at the start of the month to 4.67% at the end, pushing monthly payments on a median price home $400 higher than they would have been around the same time last […]

Cities with the highest percentage of luxury home sales | Immovable

Photo credit: Breadmaker / Shutterstock One of the dominant economic stories since the start of the COVID-19 pandemic has been the fiercely competitive housing market. The median sale price of a home in the United States topped $400,000 for the first time in 2021 amid aggressive bids and bidding wars in markets across the country. […]

Cities with the highest percentage of luxury home sales

Photo credit: Breadmaker / Shutterstock One of the dominant economic stories since the start of the COVID-19 pandemic has been the fiercely competitive housing market. The median sale price of a home in the United States topped $400,000 for the first time in 2021 amid aggressive bids and bidding wars in markets across the country. […]

US home sales up in March; Blackstone buys American Campus for $13 billion

S&P Global Market Intelligence offers our top picks of real estate news released throughout the week. The average number of home sales rose 32.2% month-over-month in March amid strong demand, according to real estate franchisor RE/MAX’s National Housing Report. The median sale price was $360,000, 4.7% higher than the $344,000 recorded in February. Of the […]

Cities with the highest percentage of luxury home sales | Immovable

Photo credit: Breadmaker / Shutterstock One of the dominant economic stories since the start of the COVID-19 pandemic has been the fiercely competitive housing market. The median sale price of a home in the United States topped $400,000 for the first time in 2021 amid aggressive bids and bidding wars in markets across the country. […]

CMHC expects home sales and price growth to remain strong, but to ease from highs

OTTAWA- The Canada Mortgage and Housing Corporation says it expects home sales and the pace of their price growth to remain strong this year, but to ease from their 2021 highs. The national housing agency says improving employment and immigration levels should be a key factor as the impact of pandemic-related restrictions continues to ease. […]

As mortgage rates start to bite, home sales fall to lowest since June 2020, supply increases for second month

But wait… I haven’t seen anything yet. The impact of today’s Holy-Moly mortgage rates won’t show up in sales data for a few months. Here’s why. By Wolf Richter for WOLF STREET. Soaring mortgage rates – the result of the Fed’s future telegraphed crackdown on inflation – should sooner or later have an impact on […]

US existing home sales fall further as house prices hit record high | Investment News

WASHINGTON (Reuters) – U.S. home sales fell to their lowest level in nearly two years in March as house prices hit a record high, and could fall further with mortgage rates reaching 5%. Wednesday’s National Association of Realtors report also showed that February’s sales decline was much steeper than initially thought. Even as home sales […]

(Bloomberg) – New home sales in China fell 29% last month, the most since July,…

(Bloomberg) – Sales of new homes in China fell 29% last month, the most since July, as the latest Covid-19 outbreak threatened to prolong a real estate crisis. Bloomberg’s Most Read A Bloomberg index that tracks shares of Chinese developers fell 0.6% on Monday morning. High-yield dollar bonds, dominated by real estate companies, halted a […]

Lake County Association of Realtors Announces Last Month’s Home Sales – Lake County Record-Bee

LAKE COUNTY—Last month in real estate: Total homes sold through the multiple listings service last month: 68. These include traditionally built homes as well as manufactured homes on land. There were 7sales of mobile homes in parks and 60 sales of bare land (lots and areas). Total percentage of homes purchased with cash: 28%; while […]

Lake County Association of Realtors Announces Last Month’s Home Sales – Lake County Record-Bee

LAKE COUNTY—Last month in real estate: Total homes sold through the multiple listings service last month: 68. These include traditionally built homes as well as manufactured homes on land. There were 7sales of mobile homes in parks and 60 sales of bare land (lots and areas). Total percentage of homes purchased with cash: 28%; while […]

Home sales fell in February. Will house prices follow?

Image source: Getty Images Lower sales figures do not automatically mean lower prices. Key points Home sales fell 7.2% in February from January. The rise in mortgage rates largely contributed to this decline. It remains to be seen whether a drop in demand will lead to lower prices. Since 2020, potential home buyers have been […]

Expected home sales decline for 4th straight month

Pending home sales fell 4.1% in February from the previous month and 5.4% from the same period last year, according to the National’s Pending Home Sales Index. Association of Realtors. Pending home sales fell in February, marking the fourth consecutive month of depressed contract signings, according to the National Association of Realtors’ Pending Home Sales […]

Mortgage rates rise and home sales are affected

Image source: Getty Images Will your ability to buy a home be affected by rising mortgage rates? Mortgage rates rose faster than expected. Today’s rates have risen significantly since the start of the year and have climbed since yesterday, in line with recent trends. See today’s average mortgage rates here. Type of mortgage Today’s interest […]

US New Home Sales Fall Further as Mortgage Rates Rise; prices push higher

A house under construction stands behind a ‘sold’ sign at a new development in York County, South Carolina, U.S., February 29, 2020. REUTERS/Lucas Jackson Join now for FREE unlimited access to Reuters.com Register Sales of new homes fell 2.0% in February; January revised down Median home prices rise 10.7% from a year ago The supply […]

New home sales fell in February as falling affordability poses a ‘tough year’ for the housing market

Topline New home sales unexpectedly fell last month to the lowest level since November, continuing a recent slowdown in the scorching housing market, but economists are not convinced the deceleration will help lower home prices This year. The average price of a new home jumped above $500,000 for the first time in February, and the […]

Why an analyst thinks home sales could drop 25% by the end of summer and credit reports will soon stop counting most medical debt

Hi, MarketWatchers. Don’t miss these top stories. If you are concerned about the markets and investments, make sure your financial advisor understands Advisors don’t necessarily appreciate clients’ money worries. Read more Husband-wife ‘crypto couple’ discuss plea deal with prosecutors in $4.5 billion bitcoin heist case: court filing Ilya Lichtenstein and Heather Morgan face up to […]

Mortgage rates soar, home sales plummet for the 7th month and suddenly here are the new listings

But that still doesn’t reflect the recent spike in mortgage rates to 4.5%. By Wolf Richter for WOLF STREET. OK, the “existing home sales” data released today by the National Association of Realtors was for February, and in February average mortgage rates were much lower than today. In mid-February, the average 30-year conforming fixed mortgage […]

Fannie Mae updates home sales drop to 4.1% after Fed hikes rates

LifestyleVisuals/Getty Images/iStockphoto Fannie Mae’s Economics and Strategy Research (ESR) Group predicts lower home sales as interest rates rise and economic growth slows, according to a press release and related comments issued by Fannie Mae on March 17. See: Millennials are asking to buy homes more often than Baby Boomers and Gen Xers in the hot […]

Crumbling concrete affects home sales in western and central Massachusetts

HOLLAND, Mass. (WWLP) — Crumbling foundations caused by pyrrhotite are impacting buyers and sellers in this boiling real estate market. 22News’ I-Team visited a house in Holland that was recently sold after testing positive for pyrrhotite. The house in Holland was built by its owner in the early 1990s. Last year the owner decided it […]

This week: Fed statement, FedEx wins, US home sales

A look at some of the major trade events and economic indicators to come this week: AN EYE ON THE FEDERATION The Federal Reserve wraps up a two-day meeting of policymakers with an economic policy and interest rate update on Wednesday. Most analysts expect Fed officials to announce the first of several expected increases in […]

Sacramento is No. 2 on the auction war list for home sales

(NEXSTAR) – The pandemic may be waning, but the real estate market is hotter than ever. As more Americans compete to own a limited number of homes, bidding wars are becoming a common part of the home buying experience. A bidding war occurs when multiple potential buyers are interested in a property, so parties bid […]

Minnesota home sales decline in February amid inventory reduction

article Dwindling inventory and rising prices pushed Minnesota closed-home sales down 12.9% from the previous February. (FOX 9) – Dwindling inventory and rising prices pushed Minnesota closed-home sales down 12.9% from the previous February. According to Minnesota Realtors, a membership organization supporting the state’s 22,000 real estate agents, new listings were down 8.5% from a […]

Turnaround Financing: Your Guide to the Best Options | door-to-door sales

Photo by Jessica Furtney on Unsplash Flipping houses can be a lucrative business, but it can also be expensive. This is due to the initial investment required to get started and the various costs associated with renovating and repairing a property. However, if you decide to flip houses for a living, the very first thing […]

Houston home sales set records as average price nears $400,000

Home prices in Houston topped last year’s highs in February as a lack of homes on the market, especially in the more affordable price ranges, continued to push buyers to increase their budgets. The median price of single-family homes rose 19.3% over the year to a record high of $328,000 in February, eclipsing the previous […]

Home sales $100,000 above rising demand amid supply, rate: Redfin

(iStock/Photo Illustration by Steven Dilakian for The Real Deal) Buyers aren’t just opening their wallets to buy homes this year — they’re also emptying their pockets and car cup holders. Nearly 6,000 homes have sold for at least $100,000 above asking price through Feb. 15, according to Redfin. The figure is well over double those […]

Home Buying Mistakes That Could Cost You | door-to-door sales

Photo by Sieuwert Otterloo on Unsplash The concept of the “American Dream” has evolved as the needs and desires of citizens have evolved. Although everyone has a different idea of ​​what a successful life looks like, buying a home is always high on the list. Owning property is more than a status symbol; it has […]

Buyer-seller stalemate leads to ‘lowest home sales since GFC fallout’ – CoreLogic

A buyer-seller stalemate led to monthly house sales in January falling to the lowest since the fallout from the global financial crisis, said Nick Goodall, head of research at CoreLogic. There were 4,113 residential property sales in the first month of the year, the lowest number in over a decade, except for April 2020 when […]

Low-cost home sales plummet in Palm Beach County, high-priced home sales climb

Douglas Elliman’s report reveals that it’s all about supply and demand… BY: STAFF REPORT | BocaNewsNow.com BOCA RATON, FL (BocaNewsNow.com) (Copyright © 2022 MetroDesk Media, LLC) – There has been a huge drop in low-cost home sales in Palm Beach County, but home sales valued at $1 million dollars or more continue to be robust. […]

Federal National Mortgage Association: Consumption and existing home sales improved in January, but headwinds for the economy and housing have intensified since then

Key points to remember: Gross Domestic Product (GDP), adjusted for inflation, rose at a seasonally adjusted annualized rate (SAR) of 7.0% in the fourth quarter of 2021, according to the second estimate from the Bureau of Economic Analysis (BEA), an increase of one tenth from the preliminary […]

New home sales fell 4.5% in January – NMP

New home sales fell in January, with analysts linking the decline to higher interest rates, the omicron COVID-19 variant and colder weather. The U.S. Census Bureau and Department of Housing and Urban Development released their monthly data on Thursday, showing that sales of new single-family homes in January were at a seasonally-adjusted annual rate of […]

Pent-up demand could support home sales as mortgage rates rise

Rising mortgage rates and house prices should mean fewer bidding wars in the months ahead, but there’s still plenty of pent-up buyer demand to support home sales this year. That’s according to the latest forecast from economists at Fannie Mae, who expect a “significant” drop in quarter-on-quarter home sales following a year-end spike that appears […]

Pending or Contingent Home Sales: What’s the Difference?

Pending or contingent home sales The difference between pending and contingent is that a pending house is under contract. There is an accepted offer, all contingencies have been met and all parties are confident that it is close to completion. There’s no law stopping you from bidding on a home listed as pending, but that’s […]

Sales of homes over $700,000 have tripled locally from 2019 to 2021

To exploreCheck how many homes in your area have sold recently To underscore this low inventory, Duncan-Hart cites a client who sold his luxury home five years ago for around $650,000 before leaving the area. Now looking to move back to the area on a budget of $850,000, they continue to fail when it comes […]

Despite the lack of supply, sales of existing homes increase by 6.7%

Homebuyers flocked to what little existing inventory there was in January, as sales of existing homes rose 6.7% from the previous month to a seasonally adjusted annual rate of 6.5 million. January sales fell 2.3% from a year earlier, although the median price of existing homes rose 15.4% annually to $350,000, according to Friday’s report […]

Knoxville sees an increase in mega-home sales

Don’t bother trying to nab one of these East Tennessee mansions for sale on the market. Most trade is done strictly by word of mouth. Knoxville, Tenn. – Knoxville isn’t the first place that comes to mind when you think of fabulous homes in a “Town & Country” setting. East Tennessee’s affordability, growing local wealth, […]

More mixed results for Forsyth home sales in opportunity areas | Local

“We really hope this will help prime the pump to create new investment and jobs for our residents.” There are 12 zones in Guilford County, as well as four in Alamance, three in Randolph, Rockingham, Surry and Wilkes, two in Davidson and one in Alleghany, Ashe, Davie, Stokes, Watauga and Yadkin. North Carolina’s list of […]

Oakland Co. home sales continue to smash records, despite seasonal decline – The Oakland Press

According to the report you read, January residential home sales in Oakland County slowed 8.8% for closed and pending sales according to RealComp, or 13.4% according to South Re/MAX -eastern Michigan. The differences, said Jeanette Schneider, president of Troy-based RE/MAX in southeastern Michigan, depend on the day the numbers are counted for each report’s month, […]

The budget misses the long-term demands of the real estate sector; Rebound in home sales: Niranjan Hiranandani

While the budget focuses on promoting infrastructure and affordable housing, the middle class has been left behind, says Niranjan Hiranandani, co-founder and managing director of the Hiranandani Group and vice president of NAREDCO. In an interview with B. businessLine, The 71-year-old Indian billionaire pointed out that institutional investors’ interest in real estate, especially new asset […]

Coca-Cola says its out-of-home sales are rising again after plunging at the start of the pandemic

But the world’s biggest soft drink maker also warned that inflation was clouding its outlook for 2022 as supply chain issues and other factors drove up costs for businesses and consumers. That concern was underscored in the Bureau of Labor Statistics’ monthly inflation snapshot on Thursday, which showed the US consumer price index rose 7.5% […]

Top 10 Most Expensive Home Sales of 2021

We’ve told you about the most expensive sales on both the South Fork and the North Fork, now let’s take a look at the biggest sales on Shelter Island in 2021. The 16,000 square foot home at 10 Lari Lane on Shelter Island overlooks Coecles Harbor.Brian Bailey for Gary DePersia/Corcoran 1) 10 Lari Lane, Shelter […]

Will the Doorsey open offers platform change home sales? It could, yes

Do you receive Agent Edge from Inman? Be sure to subscribe here for the latest real estate tech from Inman expert Craig Rowe. Doorsey is an open offer platform for buying a home. Platforms: Navigator Ideal for: All agents and home buyers Main Selling Points: Very detailed listing pages Full transparency of current offers Free […]

Hamptons home sales fell by a third in the fourth quarter

Buyers looking for property in the Hamptons ahead of summer have faced fewer options for at least 15 years, while the median sale price in the North Fork hit an all-time high, according to new data from the real estate broker Douglas Elliman and appraisal firm Miller Samuel. The median sale price fell 2.9% in […]

Landed home sales hit record $8.9 billion in 2021: Knight Frank

Credit: Samuel Isaac Chua/The Edge Singapore SINGAPORE (EDGEPROP) – According to a Knight Frank research report, $4.3 billion worth of landed houses were traded as of 2H2021 with 421 units changing hands, representing a 6.2% drop in the total value of landed houses. sales on a semi-annual basis. Nonetheless, this brings the total value of […]

New home sales rose 12% in December

Sales of new homes rose 12% last month, according to data released Wednesday by the Census Bureau and the Department of Housing and Urban Development, but fell sharply from December 2020 levels. The seasonally adjusted annualized rate of new homes sold rose to 811,000 in December from a downwardly revised rate of 725,000 in November. […]

2021 has been a ‘fantastic year’ for home sales despite low inventory and high prices: RE/MAX

The housing market in 2021 was the busiest ever, according to a new RE/MAX report, with a record number of homes being sold at a blistering pace. (iStock) According to RE/MAX’s latest National Housing Report, the past year has presented significant headwinds for homebuyers between record home prices and record housing inventory. But motivated buyers […]

Sales of fast-moving homes hit a 15-year high last year

Existing home sales hit a 15-year high in 2021, according to the National Association of Realtors. Last year, about 6.1 million homes were sold, an 8.5% jump from the previous year. Despite the high volume of sales, inventories remained tight in many markets as demand was high and sales closed so quickly. On the popular […]

Home sales increased in November. Will this trend continue in 2022?

In 2021, the housing market was very difficult for buyers to navigate. That’s because home values ​​have skyrocketed nationwide, putting many potential buyers in a tough spot. One would think that rising house prices would have put buyers off and forced a pullback in the housing market. But the November sales figures say otherwise. In […]

Luxury home sales jump in 2021

Overall, 18 of 19 markets saw impressive sales increases, with the biggest increases in smaller urban markets like Barrie, London, Kitchener-Waterloo and Hamilton — all in Ontario — where sales of homes priced exceeds $1 million soared approximately 518%, 255%, 208%, and 200%, respectively. Canada’s largest markets for luxury homes — Metro Vancouver and the […]

Home sales in Canada set a new record in 2021, surpassing the previous record by 20%: ACI – National

The Canadian Real Estate Association says annual home sales hit a new high in 2021, eclipsing the previous record set in 2020 by about 20%. The association said Monday that about 667,000 residential properties changed hands in 2021, about 30% more than the 10-year average. However, home sales in December were little changed from November […]

Home sales post biggest monthly decline since pandemic began

Nassau County, New York, saw the biggest drop in sales since last year, down 22.3% Newsday via Getty Images Fewer homes than ever were for sale in December, leading to a 3.6% decline in seasonally adjusted home sales, according to a new report from Redfin, the tech-focused real estate brokerage. This is the largest month-over-month […]

Home sales in the United States register the largest drop since the start of the pandemic

Record high inventories drove seasonally-adjusted home sales down 3.6% nationwide in December, according to a new Redfin report released Friday. Record inventories caused seasonally-adjusted home sales to fall 3.6% nationwide in December, according to a Redfin report. This is the largest month-over-month decline since the start of the pandemic. But it’s not because buyers have […]

In Mumbai alone, over 2,000 home sales recorded in the first 12 days of January

Bombay: Over 2,000 house registrations were registered in the first 12 days of January, according to data available from the Maharashtra Government Registration and Stamps Department, generating Rs 121.49 crore in revenue from the duty stamp. Shravan Hardikar, Inspector General of Revenue (IGR), whose office is in Pune, blames the growing demand for housing, especially […]

What are as-is home sales

Selling a home can be a long process. From hiring a real estate agent to reaching a final agreement, selling a home is full of paperwork and detailed requirements. Yet, while most buyers want a home that can be lived in immediately and needs few repairs, these days more and more sellers are setting up […]

Experts divided on whether home sales will rise or fall in 2022

A panel of economists and housing experts is also split on whether sales will rise or fall in 2022, as worries about deteriorating affordability collide with expectations of rising inventories. Surveyed, 41% of respondents to the latest Zillow survey on house price expectations (ZHPES) said sales will increase, 41% predict a slowdown and 18% believe […]

Rural home sales see major surge during pandemic in Poconos

New research shows home sales rose significantly from 2019 to 2020, and Newswatch 16’s Courtney Harrison spoke to a real estate agent about the trend. WAYNE COUNTY, Pa. — Sale signs don’t last long in front of homes near Lake Wallenpaupack, where the real estate market has been hot. Will Clauss is a realtor working […]

Home prices in Australia hit record high in 2021 amid 40% rise in home sales

[ad_1] Australian home prices suffered a bumper in 2021 as lower interest rates pushed values ​​higher, with values ​​in Sydney alone rising on average by $ 4,200 each week. Figures from real estate consultant CoreLogic released on Tuesday showed some heat exiting the market as national home prices rose 1.0% in December, down from 1.3% […]

Record year for home sales | Local news

[ad_1] Home sales in the Golden Islands continued to hit new highs in 2021 in what continues to be a seller’s market. Home prices have increased 17% in the past year, with the median home price rising to $ 310,000, according to the Georgia Association of Realtors. The increase is due to a 5% drop […]

Imminent drop in the home sales index

A gauge of U.S. pending home sales dropped unexpectedly in November as high prices and low inventory capped home buying. The National Association of Realtors’ pending home sales index fell 2.2% from the previous month to 122.4, data showed Wednesday, more than all estimates for a Bloomberg survey. An index of 100 equals the level […]

$105million Hamptons mansion tops biggest home sales of 2021

Henry Ford II and the sprawling 42-acre Ford Estate at Jule Pond in Southampton, Long Island (Bespoke Real Estate, Motorcities National Heritage Area) Tracking the biggest sales in the Hamptons is no small feat. The area has seen a post-lockdown boom thanks to the pandemic, as well-heeled New Yorkers have fled the city. So many […]

New York home sales could slow in 2022

Bess Freedman, CEO of Brown Harris Stevens (Brown Harris Stevens, iStock) After 2021 marked a banner year for housing markets in Manhattan and Brooklyn, New York home sales could slow in 2022, BHS CEO Bess Freedman said. Freedman told Bloomberg TV’s Surveillance that rising interest rates and housing supply issues could spur the city’s change […]

New home sales increase in the United States in November

[ad_1] Numbers: New home sales in the United States jumped 12.4% to a seasonally adjusted annual rate of 744,000 in November, from 662,000 revised the previous month, the government reported Thursday. The revised October sales total was the lowest since the worst pandemic period in April 2020. Despite the jump, the pace of sales was […]

Home sales continue to climb in November as prices rise

[ad_1] The median selling price of existing homes rose 13.9% year-over-year to $ 353,900. Getty Existing home sales rose a modest 1.9% in November, once again pushing prices up and reducing inventory, according to the National Association of Realtors. The median price of existing homes for all housing types in November was $ 353,900, up […]

How rising rates affect potential home sales – NMP

[ad_1] First American’s proprietary Home Sales Potential Model measures what the healthy level of the home sales market should be based on economic, demographic and housing market fundamentals. For the month of November, the main takeaways were as follows: Potential sales of existing homes declined to 6.26 million annualized rate (SAAR), which is a 79.5% […]

Rising Rates May Not Slow Home Sales, Says First U.S. Model of Potential Home Sales

[ad_1] SANTA ANA, Calif .– (COMMERCIAL THREAD) –America’s leading financial company (NYSE: FAF), a leading global provider of title insurance, settlement services and risk management solutions for real estate transactions, today released First American’s exclusive home sales potential sales model for the month of November 2021 The potential home sales model measures what the healthy […]

Luxury home sales hit record year

Rupert Murdoch recently spent $200 million on a 340,000 acre ranch. (Getty) The US luxury housing market has boomed this year like never before, with at least 40 homes selling for at least $50 million. Sales of homes worth at least $50 million are up 35% year over year, according to data from expert Miller […]

US Existing Home Sales Rise in November; Supply remains tight | Investment News

WASHINGTON (Reuters) – U.S. home sales rose for a third straight month in November, but supply remained tight, keeping home prices high and crowding out first-time buyers. Sales of existing homes rose 1.9% to a seasonally adjusted annual rate of 6.46 million units last month, the National Association of Realtors said Wednesday. Sales increased in […]

Existing home sales data continues to outperform

However, before getting into this report, I need to explain why so many people missed out on this surge in demand in the second half of 2021. It’s the same reason I’ve given for many years: American bears hosting generally addicts can I do not read the data correctly, and the mortgage purchase application data […]

U.S. Home Sales Will Rise 7.1% in 2021, Fall in Next Two Years – Fannie Mae | Investment News

CHICAGO (Reuters) – U.S. home sales are expected to end 2021 up 7.1% but are expected to decline over the next two years as limited supply, as well as rising mortgage rates and prices , are cooling the residential real estate market, Fannie Mae said on Monday. The government-sponsored firm’s Economics and Strategy Research Group […]

Toms River plans to require pre-sale home inspections – Lavallette-Seaside Shorebeat

For sale/awaiting sale sign. (Credit: Dan Moyle/Flickr) Council for the Township of Toms River introduced an order late Tuesday that would require code inspections prior to deed transfers, including the sale of a residential home. The township currently requires inspections when a landlord applies for a rental occupancy certificate, but no municipal inspection is required […]

15 cities with the most home sales per capita

[ad_1] sirtravelalot / Shutterstock.com Editor’s Note: This story originally appeared on Porch. Unusually high demand in the real estate market has been a constant fact throughout the COVID-19 pandemic. While real estate sales – like most aspects of the economy – came to a halt in March and April 2020, buyers have since bought homes […]

Half of single-family home sales in the Santa Rosa-Petaluma area during the pandemic have cost more than the asking price

As the North Bay housing market boomed during the pandemic, more than half of single-family homes sold in the Santa Rosa-Petaluma area exceeded asking price, according to a new report. A study by Porch Group, a website for finding home insurance and other services, reported that 53% of home sales in the area between January […]

RSAR Releases November 2021 Existing Home Sales Report

The Reno / Sparks Association of REALTORS® (RSAR) today released its November 2021 report on existing home sales in Reno / Sparks and Fernley, including the median sale price and number of home sales in the region. region. RSAR obtains its information from the Northern Nevada Regional Multiple Listing Service. During the month of November, […]

Real estate company makes $ 3 billion in home sales

[ad_1] Wilmington-based residential real estate firm Coldwell Banker Sea Coast Advantage surpassed $ 3 billion in closed sales for 2021 on Monday, officials said. The milestone includes sales outside of the Cape Fear Tri-County area in New Hanover, Brunswick and Pender counties, with Onslow, Carteret and Craven counties sales also being part of the mix. […]

Most Expensive Evergreen Castle, Gold Record – The Denver Post

[ad_1] After five years in the market, a limestone castle in Evergreen finally crowned a buyer last month. The 21,692-square-foot mansion sits on 35 acres at 600 Chateau V Road and sold for $ 9.5 million on November 17, taking first place among local home sales in November. Evergreen Castle was listed in 2016 for […]

Spanish market records highest home sales since 2008 ‘credit crunch’

[ad_1] A trend that seems to continue as long as their prices increase with inflation, explain the experts. Of course, with the uncertainty of how the new housing law will affect the market, which includes price control mechanisms, penalties for empty apartments, rent cuts for large landlords in new contracts and surcharges for second homes. […]

Calgary home sales in November are up 47% from last year, real estate board says

[ad_1] EDMONTON – CWB Financial Group raised its dividend as it announced its fourth quarter profit increased from a year ago, beating expectations. The Edmonton bank said it will now pay a quarterly dividend of 30 cents per share, down from 29 cents. The increase in payment to shareholders came as the CWB said it […]

Housing Snapshot: 2022 Will See Continued Increase In Home Sales And Prices, Report Says

[ad_1] kali9 / Getty Images Anyone looking for a new home should have a better chance of finding one in the next year, as the supply of new homes approaches demand, but you can still expect historically high prices to drop. everywhere, according to a new report from Realtor. com. See: Buying A Home Is […]

US home sales could hit their highest level since 2006

Image source: Getty Images Despite the high prices, home buyers are not backing down. Key points Existing home sales rose 0.8% in October from September. They are now on track to reach their highest level in 15 years. Home sales often peak in the spring and summer, then begin to decline as the year draws […]

While waiting for the shock of home sales, the real estate crash of 2021 carries

[ad_1] As we can see below, housing moderated, found a base and increased around the second half of 2021. I emphasize this point because many people had sent me sample YouTube videos. with people touting a real estate crash in the second half of the year. I can tell you that these people do not […]

Greater Fort Lauderdale area breaks annual home sales record in 2021

[ad_1] E-mail Sign up for our free weekly newsletter Broward County in Florida broke its record for the most annual home sales in just 10 months, as total sales for October 2021 pushed the market to the bottom, according to new data from the Miami Association of Realtors. above the old standard. Total Broward County […]

Cities with the most home sales per capita

[ad_1] Photo credit: Konstantin L / Shutterstock Unusually high demand in the real estate market has been a constant fact throughout the COVID-19 pandemic. While real estate sales, like most aspects of the economy, came to a halt in March and April 2020, buyers have since bought homes quickly, often offering to pay above asking […]

U.S. home sales edged up in October, as prices continue to rise

[ad_1] Existing home sales, which include single-family homes, townhouses, condominiums and co-ops, were up 0.8% month over month. After slowing down during the summer, sales revived in September, which saw a monthly increase of 7%. Year over year, home sales were down 5.8% from October 2020, marking the cyclical peak of the pandemic spike in […]

LIVE MARKETS Sales of existing homes: everything old becomes new again

[ad_1] Three major US stock indexes green, but the Nasdaq is far from the peaks Energy leads the gains among S&P sectors; lone loser comm svcs Euro STOXX 600 index up 0.2% Dollar, rise in crude; gold bitcoin down The 10-year US Treasury yield is ~ 1.60% November 22 – Welcome home for real-time market […]

Housing market potential grows modestly, according to first US model of potential home sales

[ad_1] SANTA ANA, Calif .– (COMMERCIAL THREAD) –America’s leading financial company (NYSE: FAF), one of the world’s leading providers of title insurance, settlement services and risk management solutions for real estate transactions, today released First American’s exclusive home sales potential sales model for the month of October 2021. The potential home sales model measures what […]

US home sales peak in nine months

[ad_1] Home sales in the United States unexpectedly surged in October, reaching their highest level in nine months, although higher prices amid tight supply continued to exclude first-time buyers from the market . The National Association of Realtors report released on Monday also showed an increase in the share of investors buying homes last month, […]

Existing home sales increase slightly, but inventories are tightening again

[ad_1] Sales of existing homes increased in October, second consecutive month of growth. The National Association of Realtors® (NAR) said sales of used single-family homes, townhouses, condos and co-op apartments were at a seasonally adjusted annual rate of 6.34 million units. That rate was 0.8% higher than the 6.290 million rate in September, but 5.8% […]