Home Sales
Hopes that home sales would really pick up next year alongside a steady decrease in mortgage rates are growing more sober following another revised forecast by Fannie Mae. For the second month in a row, the government-backed lender’s economic research group toned down its expectations for home sale activity in 2026. In September, a 9.2%…
Staff Report Amid the backdrop of high inflation, elevated mortgage rates, and slowing sales activity, severely limited housing inventory will prevent large home price drops for most of the country next year, according to NAR Chief Economist Lawrence Yun. Yun analyzed the current state of the residential real estate market and shared his 2023 outlook…
From Staff Reports American homeowners looking to cash in on the hot real estate market are making money like crazy. But, according to a report from ATTOM Data Solutions, the market is less crazy than it was in the final quarter of 2020. The winter months that make up the first quarter are usually quieter,…
The home housing market in Dallas-Fort Worth recorded record home sales in 2020 and has shown no signing of slowing during the first month of 2021. In particular, Dallas County had the largest number of home sales in North Texas, moving 1,733 houses — an increase of 13.9 percent from a year earlier, according to…
The National Association of Realtors released a report showing strong growth for existing home sales in December despite economic worries and a pandemic. Total existing-home sales increased 0.7 percent from November to a seasonally adjusted annual rate of 6.76 million in December, the report stated. Sales in total rose year-over-year, up 22.2 percent from 5.53…
