Remove articles why-did-existing-home-sales-beat-expectations
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Why are existing home prices rising when sales are still so low?

Housing Wire

Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. From NAR : The median existing home price for all housing types in March was $393,500, an increase of 4.8%

Sales 487
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Pending home sales shock 2021 housing crash bears

Housing Wire

Today, pending home sales came in as a big beat of estimates — up 7.5% This is a big reason why I always have my two staple sayings. From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5%

Sales 530
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Have we already reached peak home sales for the year?

Housing Wire

Today’s existing home sales report was a massive beat , similar to what happened last year in this month. Will this mark the high point for sales this year like it did in 2023? Unless mortgage rates go lower, that’s what we should expect, because that’s what happened last year.

Sales 478
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Are People Really Lining Up Outside Pre-Con Sales Centres?

Toronto Realty Blog

But how in the world did Riff get all those tickets to The Ramones’ concert? Well, I know what I’m watching this Saturday night… Sleeping in the street to beat the line is not an event reserved for 1979, it would seem, since this is happening in 2023. So what does Riff do? Remember this clip? Nestled in nature.

Sales 87
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Existing home sales lay the path for the 2024 housing market

Housing Wire

Did today’s existing home sales report give us a playbook for housing in 2024? From the National Association of Realtors (NAR): Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – elevated 0.8% million in November.

Sales 451
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16 Tips to Win a Bidding War on a House

The Close

I once had a client who wanted to put in an offer on a home with a pool. I’ve compiled a list of my top tips on how to win a bidding war on a house to help you outsmart your competition and get your clients into their dream homes. Example: I had some clients move from another state where they had just sold their previous home.

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Existing home sales now outperforming

Housing Wire

The National Association of Realtors ‘ existing home sales report for October came in at a solid beat of estimates at 6.34 This number is above my trend sales peak of 6.2 million and that means we have had back-to-back existing home sales prints of over 6.2 million and 6.2 million in 2020.

Sales 524