Lawrence Yun
The National Association of Realtors just released a report showing existing home sales sliding by 5.9 percent in July from the previous month. That’s the sixth month in a row of declining sales numbers. Statewide statistics reflect a cooling market, too, with closed sales down 16.1 percent for July according to recently released numbers from…
From Staff Reports With supply chain issues plaguing home builders and rates forecasted to increase throughout 2022, more buyers than ever rushed to the market to buy an existing home. The statistics, which come from the November existing home sales report from the National Association of Realtors, show that existing home sales increased by 1.9…
Just as the nation was starting to catch its breath in this crazy housing market, a dip in housing starts might cause another squeeze on inventory. On Wednesday, the Commerce Department released a report showing an increase in building permits after three consecutive months of falling short. However, the sector that posted the rebound was…
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…
Dallas is one of 15 top markets poised to attract baby boomer homebuyers because of an affordable cost of living, sunny weather, and friendly business climate, according to new research by the National Association of Realtors (NAR). NAR looked at 100 metro areas with lower state taxes (or none at all, as is the case…
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