Tag Archives: for sale

Inventory Relief for Desperate Buyers?

Daily Real Estate News | Friday, August 25, 2017 If your buyers have been frantically searching for a home as the inventory crunch grows tighter, some relief may be on the way. It’s a challenging environment, with homes in July … Continue reading

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Home Prices Jump 6.2% in 2nd Quarter; Eclipse 2016 High

WASHINGTON (August 16, 2017) — The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter, according to the latest quarterly … Continue reading

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Existing-Home Sales Retreat 1.8% in June

WASHINGTON (July 24, 2017) — Existing-home sales slipped in June as low supply kept homes selling at a near record pace but ultimately ended up muting overall activity, according to the National Association of Realtors®. Only the Midwest saw an … Continue reading

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Existing Home Sales Rise 1.1% in May; Median Sales Price Ascends to New High

WASHINGTON (June 21, 2017) — Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on … Continue reading

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Lower Rates Buoy Refis, Not New Mortgages

Daily Real Estate News | Wednesday, May 24, 2017 Lower mortgage rates are prompting homeowners to refinance, but applications for home purchases aren’t rising. The Mortgage Bankers Association reported on Wednesday that total mortgage applications—including for refinances and home purchases—rose … Continue reading

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Time on Market Hits New Low in April

Daily Real Estate News | Wednesday, May 24, 2017 Low inventory pushed existing-home sales down in April and sped up the median number of days a home sat on the market to a new low of 29 days, the National … Continue reading

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Home Prices Grow Twice as Fast as Incomes

Daily Real Estate News | Monday, May 01, 2017 Strong buyer demand this spring is pushing home prices up at double the rate of increase in income growth, The Wall Street Journal reports. The median price of an existing home … Continue reading

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Lower Mortgage Rates Boost Loan Demand

Daily Real Estate News | Wednesday, April 26, 2017 Total mortgage activity—which includes applications for refinancings and home purchases—rose 2.7 percent on a seasonally adjusted basis as homeowners rushed to take advantage of lower mortgage rates. The refinance market was … Continue reading

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Home Sales Zoom to Highest Pace in Decade

Daily Real Estate News | Friday, April 21, 2017 This spring’s housing mantra: Going, going, gone! “Severe” housing shortages are prompting existing homes to sell significantly faster this year, propelling home sales to the highest pace in more than a … Continue reading

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