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 […]
Tag Archives: homes sold
11
Feb
Feb
The Hamptons have been booming since the early days of the Covid-19 pandemic, as wealthy buyers fled New York for spacious private homes on the eastern tip of Long Island. Usually a popular place to spend the summer, the beachfront enclave has become a year-round destination, and demand for Hamptons real estate shows no signs […]
28
Jan
Jan
In the first quarter of 2021, the percentage of second home mortgage rate locks hit an all-time high, with the second home share reaching 5.7%. Subsequently, the percentage of second homes locked fell to 4.6% in the second quarter and 4.5% in the third quarter. But the share of second home transactions rebounded in the […]
27
Jan
Jan
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 […]
26
Jan
Jan
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. […]
Home sales
2021 has been a ‘fantastic year’ for home sales despite low inventory and high prices: RE/MAX
25
Jan
Jan
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 […]
21
Jan
Jan
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 […]
15
Jan
Jan
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
Home sales in the United States register the largest drop since the start of the pandemic
14
Jan
Jan
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 […]
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12
Jan
Jan
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 […]
12
Jan
Jan
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 […]
09
Jan
Jan
BrianAJackson / iStock via Getty Images The US new housing market contracted in 2021. This result can be seen in the latest update of our chart plotting the last twelve month average of the new housing market capitalization in the United States, which has fallen to a low. initial estimate of $ 26.64 billion in […]
01
Jan
Jan
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 in […]
23
Dec
Dec
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 lower […]
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22
Dec
Dec
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 13.9% […]
22
Dec
Dec
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 […]
14
Dec
Dec
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 quickly, […]
Home sales
Half of single-family home sales in the Santa Rosa-Petaluma area during the pandemic have cost more than the asking price
14
Dec
Dec
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 […]
04
Dec
Dec
Austin, Texas (Photo credit: iStock) Luxury home sellers in Austin, Texas feel like they’ve found oil. That’s because prices for mansions in one of the hottest markets in the country have skyrocketed over the past year, rising almost 33% from 2020, according to the Wall Street Journal. Demand in and around the city, where the […]
01
Dec
Dec
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 […]
29
Nov
Nov
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 home […]
23
Nov
Nov
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 prices […]
22
Nov
Nov
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% lower […]
22
Nov
Nov
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, likely […]
08
Nov
Nov
The cities of Boulder Valley and northern Colorado experienced mixed results for home sales prices during the month of October. The region’s multiple listing service, Loveland-based Information and Real Estate Services LLC, released October figures on Monday. Those whose median prices increased from the previous month include Boulder and Loveland. Those down were Estes Park, […]
04
Nov
Nov
When it comes to selling a home, the process can be stressful, exciting, or in many cases, both. Listing your home in a booming market allows you to take advantage of competitive offers, quick home sales, and above-average selling prices. However, it also means that you have to deal with visits, contracts, inspections, negotiations, appraisals […]
27
Oct
Oct
Monthly durable goods orders report must come today. This means large products designed to last at least three years, such as household appliances. We recently learned that new home sales have up 14% in September from August. And new homes need new things that have been hard to come by lately. The main complaint from […]
26
Oct
Oct
(RTTNews) – New home sales in the United States soared in September, according to a report released by the Commerce Department on Tuesday. The report says new home sales climbed 14.0% to an annual rate of 800,000 in September after falling 1.4% to a downward revised rate of 702,000 in August. Economists expected new home […]
26
Oct
Oct
NEW DELHI: Home sales in Tier 1 cities of Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), National Capital Region (NCR) and Pune jumped 57% , according to a report by Liases Foras Real Estate Rating & Research shown. The top eight real estate markets sold 66,548 units in the September quarter (Q2 FY […]
22
Oct
Oct
FatCamera / iStock.com Seasonality plays an essential role in the housing market, as it has a significant impact on the supply of and demand for housing. Transactions and prices tend to be above trend in summer, while activity slows down in winter. This year, however, the housing market still looks exceptionally strong in what is […]
18
Oct
Oct
Many businesses featured on Money advertise with us. The opinions are ours, but the compensation and extensive research determines where and how companies can appear. Learn more about how we make money. Homes have often sold for thousands of dollars above asking prices during the recent housing boom. And the generation that won many of […]
18
Oct
Oct
It’s no secret that the real estate market has been booming in recent years, especially when it comes to luxury or upscale homes. In reality, according to the National Association of REALTORS® (NAR), the percentage of new homes sold above $ 750,000 has increased 40% in just one year. Suffice it to say, now is […]
11
Oct
Oct
NEWPORT – At the end of last month, the historic Miramar Estate on Bellevue Avenue sold for $ 27 million, the latest in a string of multi-million dollar mansion sales this year in Newport. The 30,982 square foot estate consists of three properties – the mansion, a shed, and a separate, vacant 1 acre beachfront […]
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04
Oct
Oct
The North Texas real estate market is having a record year for both sales and prices. But don’t be surprised if the pace of housing gains slows in 2022. While house costs in the Dallas-Fort Worth area have increased by about 17% in 2021, price increases are expected to average just under 5% over the […]
30
Sep
Sep
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 […]
Home sales
Dubai real estate markets set new home sales record of over $ 10 million – after 54 deals
29
Sep
Sep
“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 â€, explains Faisal Durrani, Partner – Head of Middle East Research. Image Credit: Gulf News Archives Dubai: Residential property […]
28
Sep
Sep
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 […]
26
Sep
Sep
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 […]
24
Sep
Sep
LIMA – Pam Daley-Jennings answered the question before it was asked. “No. Never. I’ve been doing this for 35 years and I’ve never seen a home sell like they’ve been in recent years,†said the owner of First Lima Title Agency. “We wonder how many houses are still for sale. So just today (Friday) I […]
24
Sep
Sep
Numbers: New home sales in the United States rose in August, as the market for newly built buildings continues to show signs of stabilizing after months of decline. New home sales in the United States rose 1.5% to an annual rate of 740,000, the government said on Friday. The figure is the number of homes […]
24
Sep
Sep
Sales of new single-family homes in August were up 1.5% from the previous month, to a seasonally adjusted annual rate of 740,000, according to a report of US Department of Commerce released on Friday. This is the second consecutive month of rising sales for homebuilders, although there is good reason to believe that the height […]
22
Sep
Sep
Home sales fell in August, both from July and from a year ago, breaking two straight months of increases, according to the National Association of Realtors. Home purchases have increased over the past year, which NAR chief economist Lawrence Yun says is an anomaly. The pent-up demand from potential buyers that built up during closures […]
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22
Sep
Sep
Collin County’s already tight housing inventory continued to shrink in August, according to a market report from the Collin County Association of Realtors. Only 1,710 new listings entered the market last month, down 7% from the same period last year. And 8.2% more homes were under contract in August than a year earlier, putting further […]
16
Sep
Sep
It looks like the Utah real estate market is slowing down slightly, according to the latest Salt Lake County home sales figures. But that doesn’t mean the market isn’t hot yet – only 2020, the year the pandemic shook the national housing market and spurred record home sales, especially in the West, surpasses a 2021 […]
15
Sep
Sep
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 […]
28
Aug
Aug
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 […]
16
Aug
Aug
E-mail Sign up for our free weekly newsletter Cash sales represented 52.3% of all transactions closed in Palm Beach in Q2 The Miami Real Estate Association reports that Palm Beach County continued its upward trend in total home sales in the second quarter of 2021 as pent-up demand as more US individuals and businesses relocate […]
14
Aug
Aug
Maine’s buzzing real estate market hit the national rankings on Thursday when Realtor.com placed a large Portland suburb as the 15th hottest zip code for home sales in the country. The 04062 zip code covering most of Windham, a town of just over 18,000 on Sebago Lake, was the only location in Maine to break […]
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31
Jul
Jul
CHARLOTTE, NC – Frenzied demand for housing in the Charlotte area is redefining the million dollar market here. More than 200 homes sold with a price of at least $ 1 million in June, more than double the number seen last year and in 2019, according to Canopy Realtor Association. “A million dollars is what […]
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07
Jul
Jul
The 740 residential homes sold last month through the Kitchener-Waterloo Association of Realtors set a new monthly high for June and represented an increase of more than 10% from June 2020. “The number of homes sold in the Kitchener-Waterloo area in the past six months exceeds every previous six months of activity thanks to our […]
07
Jul
Jul
The 740 residential homes sold last month through the Kitchener-Waterloo Association of Realtors set a new monthly high for June and represented an increase of more than 10% from June 2020. “The number of homes sold in the Kitchener-Waterloo area in the past six months exceeds every previous six months of activity thanks to our […]
07
Jul
Jul
The 740 residential homes sold last month through the Kitchener-Waterloo Association of Realtors set a new monthly high for June and represented an increase of more than 10% from June 2020. “The number of homes sold in the Kitchener-Waterloo area in the past six months exceeds every previous six months of activity thanks to our […]
08
May
May
In Toronto: The single-detached home market is cooling, but the condo sales slump appears to be over, with sales reaching pre-pandemic levels.
10
Apr
Apr
One of Southwest Florida’s most trusted, respected and talented home builders, Gulfshore Homes, has built a solid reputation for building new homes, whether it’s from one of their spectacular and perfectly designed models or from a luxurious private residence. Steve Watt, President of Gulfshore Homes, has nearly 30 years of experience in the luxury residential […]
02
Mar
Mar
North Las Vegas has tripled new home sales over the past two years and became the No.1 market in 2020, overtaking the Southwest Valley, which had been the dominant player in Southern Nevada for years with the former No. 2 Henderson. North Las Vegas is poised to become the dominant player in the valley this […]
26
Feb
Feb
North Las Vegas has tripled new home sales over the past two years and became the No.1 market in 2020, overtaking the Southwest Valley, which had been the dominant player in southern Nevada for years with the former No. 2 Henderson. North Las Vegas is poised to become the dominant player in the valley this […]