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The original post can be found at the following URL: A quick sale or a better sale. The original post can be found at the following URL: A quick sale or a better sale. Featured Ross Wilson a quick sale or a better sale cleanliness curb appeal showings MORE
A new report from Redfin revealed that condo sales rose 22.7% Single-family home sales grew 23.3% Condos sales are rebounding because buyers are finding great deals,” said Redfin’s Chief Economist Daryl Fairweather. year over year, while condo sale prices rose 9.9%. MORE
After a near decade high in January, new home sales for single-family houses plummeted 18.2% However, continued demand by homebuyers did manage to push new home sales 8.2% As for the West, new sales dropped 9.3% months at the current sales rate. MORE
For the first time since February, July’s existing single-family home sales totaled 437,890 in July, up 28.8% Homes prices below $500,000 made up 40% of all sales in July, while sales of million-dollar properties were 20.4% MORE
Today the Census Bureau reported that in February 2021, new single-family home sales were at a seasonally adjusted annual rate of 775,000. Although sales were up 716,000 compared to sales in February 2020, they were 18.2% (±13.9%) below the revised sales in January 2021 of 948,000. MORE
Existing home sales rose in December, and total home sales in 2020 reached the highest level in 13 years, according to the National Association of Realtors. Sales also rose 0.7% Experts project low mortgage rates to continue driving home sales in 2021. MORE
Today, existing home sales blew out estimates , coming in at 5,860,000. With new home sales, pending home sales, housing starts, housing permits, and purchase applications already in v-shape recovery mode, this last metric completes the v-shaped recovery across the board for housing. MORE
The recent new home sales data is at levels last seen in 2006, with monthly supply data back down to the low levels when new home sales data was really good. No, this is not a new home sales housing bubble as we are far from total new home sales being where they were in 2005. MORE
From the sale of a sprawling ranch in Texas to that of the highest priced island sale in the Florida Keys and more, here are five Significant Sales from February 2021 represented by the Sotheby’s International Realty® global network. MORE
From facing uncertainty in March from COVID-19-related shutdowns, to seeing home sales skyrocket through the summer into fall, it looks like homebuyers won’t be slowing down anytime soon, despite the holiday season approaching. Real estate agents across the U.S. MORE
million home sales in the U.S. Keller Williams also claimed $407 billion in 2020 sales volume in Canada and the U.S., onset in March only to surge to its highest sale volume since the mid-2000s. MORE
Existing home sales rose for the second consecutive month , as January saw a seasonally-adjusted annual rate of 6.69 Sales easily could have been even 20% higher if there had been more inventory and more choices,” Yun said. Yun predicts existing-home sales will reach at least 6.5 MORE
pending home sales dipped to the tune of 0.3% “Greater participation of sellers and builders in the months ahead will make home sales possible while easing some of the pressure on price growth, which is currently rising at a double-digit percent rate and has been for almost six months.” MORE
The one economic sector that has blown away my estimates this year has been the new home sales market. Today new home sales are up 32.1% The median sales price of new houses sold in September 2020 was $326,800. The average sales price was $405,400. MORE
pending home sales fell 1.1% Year over year, pending sales are showing promise in every region of the U.S, As talk of an urban exodus continues, the Northeast’s pending home sales slid 5.9% months at the current sales rates as builders attempt to keep up. MORE
pending home sales slid for the third consecutive month in November, dropping 2.6% “It is important to keep in mind that the current sales and prices are far stronger than a year ago.” New home sales and existing home sales both also ticked down last month. MORE
pending home sales rose 5.9% We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun. All four regions of the country also saw month-over-month and year-over-year gains in pending home sales. MORE
Sales of existing homes rose to a 14-year high of 6 million in August, the National Association of Realtors said in a report on Tuesday. Combined sales of single-family houses, townhomes, condominiums and cooperatively owned apartments rose 2.4% MORE
Extreme increases in lumber prices have caused some people to go bearish on new home sales. Mortgage rates have a much more significant influence on the new home sales market than lumber prices, even at their current highs. MORE
In recent articles, I have written that although current sales data for the U.S. Growth in home sales in recent months, I proposed, was primarily due to the catch-up demand from the stalled sales during the worst weeks of COVID-19. Sales in total rose year-over-year, up 25.8% MORE
The National Association of Realtors reported that existing home sales for January were at 6,669,000, which beat estimates. The median sales price also jumped 14.1% The last report on new home sales shows that housing data moderates and moves back to the trend. MORE
pending home sales dipped – this time, down 2.8% Pending home sales fell in January because there are simply not enough homes to match the demand on the market,” said Lawrence Yun, NAR chief economist. In the last few years, the number of existing single-family homes for sale has decreased. And even with another month-to-month drop, pending home sales were 13% higher in January 2021 than they were in January 2020. MORE
Sales of existing homes took off in September, jumping 9.4% Compared to a year ago, sales are up 20.9%. The primary constraint to even more sales is the plummeting inventory of homes on the market, which is leading to bidding wars and spikes in home prices across the country. MORE
Riddle me this: How can home sales grow when we have no homes to buy? When a monthly home sales print fails to meet expectations the excuse often used is that inventory is too low to meet the demand. We are steadily working our way toward a positive year for existing home sales. MORE
Existing home sales grew for the fifth consecutive month in October, up 4.3% Compared to last October, sales are up 26.6%. “The surge in sales in recent months has now offset the spring market losses,” NAR Chief Economist Lawrence Yun said. MORE
Sales of newly built homes occurred at a seasonally-adjusted annual rate of 841,000 in November – 11% below October’s 945,000 revised rate , the Census Bureau reported on Wednesday. “Prior to the data revision, the month’s supply of homes for sale at the current pace was only 3.3, MORE
Existing home sales decreased 2.5% Compared to last November, home sales are still up 25.8%. Home sales in November took a marginal step back, but sales for all of 2020 are already on pace to surpass last year’s levels,” said Lawrence Yun, NAR’s chief economist. MORE
Sales of new homes rose to an annualized rate of 999,000 in October – 0.3% With October’s data in, new home sales have had the strongest three-month stretch since mid-2006, with each month falling just short of 1 million. months at the current sales rate. MORE
But, we hadn’t seen that moderation in any meaningful way until today’s new home sales data. The new home sales marketplace has been showing abnormally fast growth for the last several months. months at the current sales rate.” MORE
The median home sale price increased 16% year-over-year to $331,590 – an all-time high, per a report this week from Redfin. The average sale-to-list price ratio, which measures how close homes are selling to their asking prices, increased to 100.2%. MORE
Rising home prices, limited inventory and the uptick in mortgage rates continued to deter some homebuyers last month as sales of existing homes fell 6.6% In the last few years, the number of existing single-family homes for sale has decreased. higher existing home sales than a year ago. MORE
Only then would we see enough demand from the new home sales market to warrant that much construction. This hasn’t happened yet, but the recent hew home sales report indicates we are getting there. months at the current sales rate.” Now, new home sales are 41.5% MORE
Real estate technology company Knock has announced the launch of Knock Nest, a standalone sale-leaseback solution that allows homeowners to access the cash they’ve built up in their home while continuing to live in it. MORE
If the February trend continued, total existing home sales would have been higher: we probably would have ended the year with sales between 5,7100,000 and 5,8400,000, a noticeable jump from last year’s number of roughly 5.3 million total home sales by the end of the year. MORE
We already saw much of this movement in 2020, as home sales surged over 20% this fall, but many homeowners were nervous about listing during the pandemic and will be ready to sell in droves next year. This will send home sales to highs not seen since before the Great Recession of 2008. MORE
According to The National Association of Realtors, February’s existing home sales missed estimates , coming in at 6.2 Because February 2020 sales were strong, the year-over-year growth in sales for February 2021 is impressive at 9.1%. MORE
Sales Related Topics Housing Wire
FEBRUARY 19, 2021
The National Association of Realtors reported that existing home sales for January were at 6,669,000, which beat estimates. The median sales price also jumped 14.1% The last report on new home sales shows that housing data moderates and moves back to the trend.
Housing Wire
FEBRUARY 19, 2021
Existing home sales rose for the second consecutive month , as January saw a seasonally-adjusted annual rate of 6.69 Sales easily could have been even 20% higher if there had been more inventory and more choices,” Yun said. Yun predicts existing-home sales will reach at least 6.5
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Housing Wire
MARCH 23, 2021
After a near decade high in January, new home sales for single-family houses plummeted 18.2% However, continued demand by homebuyers did manage to push new home sales 8.2% As for the West, new sales dropped 9.3% months at the current sales rate.
Housing Wire
NOVEMBER 25, 2020
Sales of new homes rose to an annualized rate of 999,000 in October – 0.3% With October’s data in, new home sales have had the strongest three-month stretch since mid-2006, with each month falling just short of 1 million. months at the current sales rate.
Housing Wire
MARCH 22, 2021
According to The National Association of Realtors, February’s existing home sales missed estimates , coming in at 6.2 Because February 2020 sales were strong, the year-over-year growth in sales for February 2021 is impressive at 9.1%.
Housing Wire
DECEMBER 23, 2020
But, we hadn’t seen that moderation in any meaningful way until today’s new home sales data. The new home sales marketplace has been showing abnormally fast growth for the last several months. months at the current sales rate.”
Housing Wire
MARCH 26, 2021
The median home sale price increased 16% year-over-year to $331,590 – an all-time high, per a report this week from Redfin. The average sale-to-list price ratio, which measures how close homes are selling to their asking prices, increased to 100.2%.
Housing Wire
DECEMBER 30, 2020
pending home sales slid for the third consecutive month in November, dropping 2.6% “It is important to keep in mind that the current sales and prices are far stronger than a year ago.” New home sales and existing home sales both also ticked down last month.
Housing Wire
NOVEMBER 25, 2020
Only then would we see enough demand from the new home sales market to warrant that much construction. This hasn’t happened yet, but the recent hew home sales report indicates we are getting there. months at the current sales rate.” Now, new home sales are 41.5%
Housing Wire
FEBRUARY 24, 2021
Extreme increases in lumber prices have caused some people to go bearish on new home sales. Mortgage rates have a much more significant influence on the new home sales market than lumber prices, even at their current highs.
Housing Wire
MARCH 22, 2021
Rising home prices, limited inventory and the uptick in mortgage rates continued to deter some homebuyers last month as sales of existing homes fell 6.6% In the last few years, the number of existing single-family homes for sale has decreased. higher existing home sales than a year ago.
Housing Wire
AUGUST 27, 2020
pending home sales rose 5.9% We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun. All four regions of the country also saw month-over-month and year-over-year gains in pending home sales.
Housing Wire
OCTOBER 22, 2020
Sales of existing homes took off in September, jumping 9.4% Compared to a year ago, sales are up 20.9%. The primary constraint to even more sales is the plummeting inventory of homes on the market, which is leading to bidding wars and spikes in home prices across the country.
Housing Wire
SEPTEMBER 28, 2020
The recent new home sales data is at levels last seen in 2006, with monthly supply data back down to the low levels when new home sales data was really good. No, this is not a new home sales housing bubble as we are far from total new home sales being where they were in 2005.
Housing Wire
MARCH 23, 2021
Today the Census Bureau reported that in February 2021, new single-family home sales were at a seasonally adjusted annual rate of 775,000. Although sales were up 716,000 compared to sales in February 2020, they were 18.2% (±13.9%) below the revised sales in January 2021 of 948,000.
Housing Wire
NOVEMBER 30, 2020
A new report from Redfin revealed that condo sales rose 22.7% Single-family home sales grew 23.3% Condos sales are rebounding because buyers are finding great deals,” said Redfin’s Chief Economist Daryl Fairweather. year over year, while condo sale prices rose 9.9%.
Housing Wire
FEBRUARY 25, 2021
pending home sales dipped – this time, down 2.8% Pending home sales fell in January because there are simply not enough homes to match the demand on the market,” said Lawrence Yun, NAR chief economist. In the last few years, the number of existing single-family homes for sale has decreased. And even with another month-to-month drop, pending home sales were 13% higher in January 2021 than they were in January 2020.
Housing Wire
DECEMBER 25, 2020
From facing uncertainty in March from COVID-19-related shutdowns, to seeing home sales skyrocket through the summer into fall, it looks like homebuyers won’t be slowing down anytime soon, despite the holiday season approaching. Real estate agents across the U.S.
Housing Wire
FEBRUARY 16, 2021
million home sales in the U.S. Keller Williams also claimed $407 billion in 2020 sales volume in Canada and the U.S., onset in March only to surge to its highest sale volume since the mid-2000s.
Housing Wire
NOVEMBER 30, 2020
pending home sales fell 1.1% Year over year, pending sales are showing promise in every region of the U.S, As talk of an urban exodus continues, the Northeast’s pending home sales slid 5.9% months at the current sales rates as builders attempt to keep up.
Housing Wire
DECEMBER 22, 2020
Existing home sales decreased 2.5% Compared to last November, home sales are still up 25.8%. Home sales in November took a marginal step back, but sales for all of 2020 are already on pace to surpass last year’s levels,” said Lawrence Yun, NAR’s chief economist.
Housing Wire
JANUARY 22, 2021
Existing home sales rose in December, and total home sales in 2020 reached the highest level in 13 years, according to the National Association of Realtors. Sales also rose 0.7% Experts project low mortgage rates to continue driving home sales in 2021.
Housing Wire
DECEMBER 9, 2020
We already saw much of this movement in 2020, as home sales surged over 20% this fall, but many homeowners were nervous about listing during the pandemic and will be ready to sell in droves next year. This will send home sales to highs not seen since before the Great Recession of 2008.
Housing Wire
SEPTEMBER 30, 2020
Riddle me this: How can home sales grow when we have no homes to buy? When a monthly home sales print fails to meet expectations the excuse often used is that inventory is too low to meet the demand. We are steadily working our way toward a positive year for existing home sales.
Housing Wire
SEPTEMBER 22, 2020
Sales of existing homes rose to a 14-year high of 6 million in August, the National Association of Realtors said in a report on Tuesday. Combined sales of single-family houses, townhomes, condominiums and cooperatively owned apartments rose 2.4%
REM Online
OCTOBER 15, 2020
The original post can be found at the following URL: A quick sale or a better sale. The original post can be found at the following URL: A quick sale or a better sale. Featured Ross Wilson a quick sale or a better sale cleanliness curb appeal showings
Housing Wire
DECEMBER 22, 2020
In recent articles, I have written that although current sales data for the U.S. Growth in home sales in recent months, I proposed, was primarily due to the catch-up demand from the stalled sales during the worst weeks of COVID-19. Sales in total rose year-over-year, up 25.8%
Housing Wire
DECEMBER 23, 2020
Sales of newly built homes occurred at a seasonally-adjusted annual rate of 841,000 in November – 11% below October’s 945,000 revised rate , the Census Bureau reported on Wednesday. “Prior to the data revision, the month’s supply of homes for sale at the current pace was only 3.3,
Housing Wire
AUGUST 21, 2020
Today, existing home sales blew out estimates , coming in at 5,860,000. With new home sales, pending home sales, housing starts, housing permits, and purchase applications already in v-shape recovery mode, this last metric completes the v-shaped recovery across the board for housing.
Housing Wire
AUGUST 17, 2020
For the first time since February, July’s existing single-family home sales totaled 437,890 in July, up 28.8% Homes prices below $500,000 made up 40% of all sales in July, while sales of million-dollar properties were 20.4%
Housing Wire
DECEMBER 9, 2020
Real estate technology company Knock has announced the launch of Knock Nest, a standalone sale-leaseback solution that allows homeowners to access the cash they’ve built up in their home while continuing to live in it.
Sotheby's International Real Estate
MARCH 25, 2021
From the sale of a sprawling ranch in Texas to that of the highest priced island sale in the Florida Keys and more, here are five Significant Sales from February 2021 represented by the Sotheby’s International Realty® global network.
Housing Wire
NOVEMBER 19, 2020
Existing home sales grew for the fifth consecutive month in October, up 4.3% Compared to last October, sales are up 26.6%. “The surge in sales in recent months has now offset the spring market losses,” NAR Chief Economist Lawrence Yun said.
Housing Wire
OCTOBER 26, 2020
The one economic sector that has blown away my estimates this year has been the new home sales market. Today new home sales are up 32.1% The median sales price of new houses sold in September 2020 was $326,800. The average sales price was $405,400.
Housing Wire
SEPTEMBER 22, 2020
If the February trend continued, total existing home sales would have been higher: we probably would have ended the year with sales between 5,7100,000 and 5,8400,000, a noticeable jump from last year’s number of roughly 5.3 million total home sales by the end of the year.
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