October 2019 Existing & Pending Home Sales
on December 5, 2019 at 10:40 pm
Both home sales and prices rose in October. Inventory is down and has been falling for four months, leading to higher prices. Student debt is holding back the buyer potential of millennials.
October 2019 Pending Home Sales
on December 4, 2019 at 6:03 pm
October’s pending home sales pace was down 1.7% last month, but rose 4.4% from a year ago.
South and Midwest Regions are Gaining Larger Share of Homebuyers
on December 3, 2019 at 4:20 pm
The South and Midwest regions have accounted for an increasing fraction of existing home sales since 2012 while the shares of the North and West regions have declined, according to the October 2019 existing home sales estimates of the National Association of REALTORS®.
Pending Home Sales Decline 1.7% in October
on November 27, 2019 at 1:54 pm
The Northeast experienced a minor uptick last month, but the other three major U.S. regions reported declines in month-over-month contract activity.
Thanksgiving 2019 How Friends and Family Can Influence the Home Purchase
on November 26, 2019 at 10:45 pm
Based on data from the recently released 2019 Profile of Home Buyers and Sellers, we can see how multi-generation homes are becoming more common and living close to friends and family is more and more important to home buyers.