For-Profit Home Sales at Decade High

Tight listings, record mortgage rates and extraordinary growth in home values ​​in Australia have led to the best returns for sellers in over a decade. According to the latest CoreLogic Pain and Gain report, over 90% of homes sold in the June quarter ended in profit, an increase of 9% from the first quarter of […]

Pending home sales beat projections after 2 months of decline: NAR

Pending home sales finally saw positive growth in August, after two straight months of declines in June and July, the National Association of Realtors reported. Pending home sales rose 8.1. % in August, after two consecutive months of decline in June and July, depending on the National Association of Realtors (NAR) Pending Home Sales Index […]

Pending home sales unexpectedly rise as housing market paves the way for a rebound

Numbers: The number of home buyers who signed a home purchase contract in August has jumped, far exceeding economists’ expectations. Pending home sales rose 8.1% in August from July, according to National Association of Realtors reported wednesday. Economists polled by MarketWatch had forecast a 0.4% increase in pending home sales in August. Still, compared to […]

Dubai real estate markets set new home sales record of over $ 10 million – after 54 deals

“As has been the case throughout the pandemic, current and future homeowners have their sights set on large homes, whether for more space for a home office or to access additional space, to inside or outside ”, explains Faisal Durrani, Partner – Head of Middle East Research. Image Credit: Gulf News Archives Dubai: Residential property […]

Sustained rise in mortgage rates could reduce home sales

Mortgage rates have rebounded to levels not seen since July following signals from the Federal Reserve last week that it may start cutting its purchases of long-term mortgages and Treasury bonds later this year. The Fed’s debt purchases have helped keep long-term interest rates low. But that’s not all that can scare investors off buying […]

Profitable home sales reach their highest level in 39 years

Profitability increased in 12 of the 15 capitals and the rest of the state’s markets, with the rate of sales at a loss increasing in Melbourne, Hobart and regional Tasmania, albeit from a weak base. Regional and tree-change markets posted the highest proportion of lucrative sales, with Victoria’s Ballarat regional area reaching 99.7 percent of […]

Charlotte’s luxury home market sizzles during pandemic – WSOC TV

CHARLOTTE – Luxury residential real estate in Charlotte has taken off during the pandemic, as has the local housing market in general. There were over 1,220 single-family homes, townhouses and condos for sale for $ 1 million or more in the local market from January through August of this year, according to data provided to […]

Tap into the hot second home market

You’ve probably seen the data: Second home sales have exploded. Interest in second homes was steadily increasing before COVID, but the pandemic has pushed demand to a year-over-year high of 178% in April 2021. Although the market has slowed, the probable cause is not a lack of desire for a second home, but skyrocketing prices, […]

Falling sales of existing homes due to high prices

High home prices may finally drive buyers away. There’s a reason many potential buyers have struggled to purchase a home this year. Limited inventory and low mortgage rates fueled increased demand from buyers. This, in turn, has driven home prices up to the point that many buyers simply cannot afford them. In August, the median […]