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 […]

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 […]

3 Real Estate Predictions You Need to Know for 2017

Annual real estate market predictions are often about as useful as the Old Farmer’s Almanac for predicting the weather: When looked at broadly, it demonstrates the trends well enough, but it’s hard to get an accurate forecast for your neighborhood. Metros like New York City make for national news for their blistering real estate pace […]

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. […]

Home Sales Continued to Slow through August

Despite mortgage rates near record lows, August 2016 existing-home sales decreased for the second consecutive month in August. Frustratingly low inventory of affordable homes, coupled with higher home prices, are keeping home sales from picking back up, according to the National Association of RealtorsⓇ’ (NAR) monthly report. Sales fell in three of the four major […]

Home Prices Up, Sales Down this July

Existing-home sales decreased in July for the first time year over year since November 2015. Frustratingly low inventory of affordable homes, coupled with appraisal complications and lagging construction contributed to the slowdown, according to the National Association of RealtorsⓇ’ (NAR) monthly report. Sales fell in three of the four major regions of the U.S. to […]

First-time Homebuyers Add Spark to June Home Sales

June 2016 existing-home sales maintained their upward trajectory thanks to a boost from first-time homebuyers, according to the National Association of RealtorsⓇ’ (NAR) monthly report. First-time homebuyers made up a greater share of sales than has been seen in nearly four years. Sales rose in three of the four major regions of the U.S. to […]