Existing-Home Prices and Sales Both up in May

After a slight dip in April, existing-home sales rose again in May. The latest National Association of RealtorsⓇ’ (NAR) monthly report showed a small rebound in national sales last month in every region except the Midwest. Stubbornly low supply levels continued to push up the median home price around the country, while the median time […]

Existing-Home Sales Dip in April, but So did Days on Market

The housing market has seen a few fits and starts so far this spring, and April saw the same slight volatility. The latest National Association of RealtorsⓇ’ (NAR) monthly report speaks of another national sales slip last month. Stubbornly low supply levels held down existing-home sales while pushing the median time a home was on […]

Existing-Home Sales Spring Forward in March

The housing market started 2017 at a running pace, but then dropped back in February. The latest National Association of RealtorsⓇ’ (NAR) monthly report speaks of another significant jump forward in March. Existing-home sales reached their highest pace in 10 years, and severe housing shortages meant shorter times on market compared to both the last […]

February Existing-Home Sales Couldn’t Keep Pace

After the housing market started 2017 at a running pace in January, February spelled a different story, according to the latest National Association of RealtorsⓇ’ (NAR) monthly report. Existing-home sales slid considerably from the month prior, but remained above levels from one year ago. The South was the only region to see a modest sales […]

Existing-Homes Sales Begin 2017 at a Strong Pace

The housing market started 2017 at a running pace, according to the latest National Association of RealtorsⓇ’ (NAR) monthly report. Existing-home sales not only surpassed a recent cyclical high, but increased in January to the fastest pace in nearly 10 years. All regions except the Midwest saw significant increases. Existing-Home Sales Sales across the nation […]

Press Release: Home Buyers are Able to Cash in on Big Savings—if They Act Quickly!

Beverly-Hanks & Associates 300 EXECUTIVE PARK ASHEVILLE, NC 28801 (828) 254-7221 beverly-hanks.com   FOR IMMEDIATE RELEASE:   Home Buyers are Able to Cash in on Big Savings—if They Act Quickly! Buyers would be wise to purchase a home in February before competition and mortgage rates increase.   February 10, 2017, Asheville, NC—January study results from […]

National Home Sales down in December, up for 2016

Ongoing affordability issues and low supplies brought down December 2016 existing-home sales, according to the National Association of RealtorsⓇ’ (NAR) monthly report. This was the case in three of the four regions of the U.S.; sales in the South remained flat. Existing-Home Sales Sales across the nation averaged a 2.8% decrease from November. This December’s […]

The South Continued to See Home Sale Gains in November

For the third straight month, November 2016 existing-home sales continued to climb up in the South and Northeast, bringing a positive rise to the national average. Small declines in the Midwest and West were not enough to push the nation into the red, according to the National Association of RealtorsⓇ’ (NAR) monthly report. Existing-Home Sales […]

National Home Sales Continued to Climb in October

For the second straight month, October 2016 existing-home sales continued their climb across in all four regions of the U.S. The sales increase “eclipsed” the sales peak in June to become the highest annualized sales pace in years, according to the National Association of RealtorsⓇ’ (NAR) monthly report. Existing-Home Sales Sales rose across the nation […]

Home Sales Rebounded in September, Thanks to First-time Buyers

After two months of decreases, September 2016 existing-home sales rebounded strongly in all four regions of the U.S. First-time homebuyers reached a 34% share, the highest rate in more than four years, according to the National Association of RealtorsⓇ’ (NAR) monthly report. Sales rose across the nation to reflect a national 3.2% increase from August. […]