Category Archives: Home sales

California home sales continue to slow in July

E-mail Sign up for our free weekly newsletter According to the California Association of Realtors, the California housing market slowed for the third consecutive month in July 2021, with home sales and prices tempering from last year’s stormy market conditions, while remaining above pre-pandemic levels. Closed escrow sales of existing single-family homes in California totaled […]

RSAR Releases August 2021 Existing Home Sales Report

Better market information RENO, Nevada – The Reno / Sparks Association of REALTORS® (RSAR) today released its August 2021 report on existing home sales in Reno / Sparks and Fernley, including median sale price and number of sales of homes in the area. RSAR obtains its information from the Northern Nevada Regional Multiple Listing Service. […]

Pending home sales drop for second consecutive month

Pending home sales fell in July, according to data released Monday by the National Association of Realtors (NAR), down for the second month in a row amid a record spike in house prices. The NAR’s pending home sales index fell 1.8% in July after falling 1.9% in June. Sales were down 8.5% on an annual […]

Fall in pending home sales for a second consecutive month

Pending home sales edged down in July, falling 1.8% to a Pending Home Sales Index (PHSI) of 110.7, according to the National Association of Realtors (NAR) Pending Home Sales Report. The drop marks the second consecutive month that PHSI has declined. The only region that did not decline month over month was the West. Contract […]

Baldwin County home sales fell 2% year-on-year in July

Sales: According to Baldwin’s real estate agents, July residential sales were down 2.4% year-on-year (Y / Y), from 895 to 874 closed deals. Contrary to seasonal trends, sales were down 17.8% from June. Sales are now up 27.9% year-to-date. Two other resources to consult: Quarterly report and Annual Report. For all housing data for Baldwin […]

July home sales drop in Wisconsin, but that doesn’t mean the market has softened

A 14.2 percent drop in home sales may seem worrisome at first glance, but there is more to be said. There were about 8,510 sales of existing homes in the state last month, according to the last report from the Association of Wisconsin Realtors. This is a decrease from the 9,915 sales reported in July […]

NAFCU expects home sales to remain stable

Source: Shutterstock. NAFCU chief economist Curt Long said Monday he expects existing home sales to remain stable this year, mostly limited by supply. His comments came after the National Association of Realtors (NAR) reported that existing home sales rose 2% from June through July to a seasonally adjusted annual rate of 5.99 million homes. “Sales […]

How Capital Gains Taxes Affect Home Sales and How to Avoid Them

Homeowners in the Greater Phoenix have seen their property value rise rapidly over the past two years. S&P CoreLogic Case-Shiller Index data shows that in May 2021, Phoenix saw a 25.9% year-over-year increase in house prices, leading the country for the 24th.e consecutive month. The impressive growth has led some to sell and capture the […]