1% Off7 hours ago New home sales in the US jumped 1% to a seasonally adjusted annual rate of 708K in July of 2021, in line with forecasts of 700K, and following a downwardly revised 2.6% drop in the previous month. It was the first rise in 4 months with sales jumping the most in the West (14.4% to 215K) followed by the South (1.3% to 400K). Meanwhile, the sales …
6.6% Off6 hours ago Sales of new single family homes fell to an annualized rate of 676,000, 6.6% below May's rate of 724,000 and 19.4% below the June 2020 level of 839,000.
Deals8 hours ago Reading the headlines, you see that existing home sales are down.Then you turn the page and notice that purchase applications are up. Does that make any sense? But both statements are true. First
Deals2 hours ago Home Sales, Home Prices, and Mortgage Rates: Up or Down in 2019 By Sam Khater, Vice President and Chief Economist, Economic & Housing Research
69% Off7 hours ago In a Zillow research study, more than 69% of real estate gurus surveyed said they expected more houses to go up for sale in the second half of 2021 or the first half of 2022. 26 And if more homes go up for sale, home prices should cool down too.
2% Off2 hours ago Existing home sales in the US were up 2% mom to 5.99 million in July of 2021, well above market forecasts of 5.83 million. 3e of the 4 major US regions recorded modest gains and the fourth remained level. Total housing inventory was 1.32 million units, up 7.3% from June's supply and down 12.0% from one year ago. Unsold inventory sits at a 2.6-month supply at the present sales pace, up slightly
Deals2 hours ago Pent-up demand played a key role in the rebound last year. In recent months, however, tight inventory and higher home prices have slowed down home sales. Residential construction decreased in July.
Deals3 hours ago Displaced in 2018, they found their current home, but the rent was $1,100 higher — a prospect that made saving up for a down payment even harder. “Our rent was $3,800,” she said.
Deals4 hours ago January’s statewide median home price was $699,890, down 2.5 percent from December and up 21.7 percent from January 2020. Existing, single-family home sales totaled 462,720 in February 2021 on a seasonally adjusted annualized rate, down 4.5 percent from January and up 9.7 percent from February 2020.
Deals5 hours ago Include “as-is” in your listing: Selling your home as-is means that you aren’t going to be spending time making any repairs — what the buyer sees is what the buyer gets. Note that a buyer may still request an inspection, but your agent can set the expectation that no major repairs will be made. Of course, when you sell a house as-is
0.5% Off1 hours ago Here's how much home you could afford with rate fluctuations of 0.5%. and a down payment of 20% of the sales price, assuming you want to keep your payment (principal and interest) around $975. $240,000 X 80% at 4.5% interest equals a payment of $972.84. $226,260 X 80% at 5.0% interest equals a payment of $971.69.
DealsJust Now She’s receiving seven to 10 offers per listing and offers running $20,000 to $30,000 over asking for homes priced in the sweet spot of $150,000 to $250,000. Median list prices were up in Reading
7.1% OffJust Now New home sales, as reported jointly by the Census Bureau and HUD, came in at 328,000 for March (on a seasonally-adjusted annual basis). The immediate take is that the March data is down 7.1% from
Deals1 hours ago While the pandemic all but shut down home sales in March and April of last year, the market made a sharp rebound in the second half of 2020, making it the hottest year for real estate since 2006
11.3% Off2 hours ago And the number of home sales in June 2020 was 11.3% lower than it was the year before, according to new research by The Ascent into average house prices by state. This is actually very bad news
Deals5 hours ago Home sales should be surging. The economy is booming and more people are earning good-sized paychecks again. Millennials are starting to settle down and have children, so they need more space.
Deals8 hours ago Here’s how to determine the proceeds from the sale of your home: Take the target list price for your house based on comparable homes in your area and the market analysis provided by your real estate agent. Let’s use a target list price of $300,000 as an example. Add updates or features that increase the value of your home.
Deals8 hours ago Chevron Down. Nka Yakitat Rd, Benton City, WA 99320. BERKSHIRE HATHAWAY HOMESERVICES TRI-CITIES REAL ESTATE. $150,000. 16 acres lot. - Lot / Land for sale. 1 day on Zillow. Save this home. 1712 W 51st Ave, Kennewick, WA 99337.
19.9% Off8 hours ago Single-family home sales advanced 19.9% in June. While multi-family home sales shot up 29.4%, they accounted for only 9% of sales, down from the 12% that …
Deals6 hours ago Zillow has 66,372 homes for sale in NY. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place.
Deals7 hours ago The U.S. entered 2021 with pandemic fatigue, though it hadn't – and still hasn't – slowed down homebuyer activity. The first months of the year have seen rapid growth in home prices as low inventory of houses on the market combined with high buyer demand creates fierce competition in suburban areas and medium-to-small metro areas across the country.
70% Off7 hours ago Airstream, which is also a part of Thor Industries, originally predicted that sales would be down 70% in April amid stay-at-home orders. Instead, sales only dropped around 30%, according to
Deals7 hours ago For a step-by-step guide to determining whether your home sale qualifies for the maximum exclusion, see Does Your Home Sale Qualify for the Exclusion of Gain? above. If you qualify for an exclusion on your home sale, up to $250,000 ($500,00 if married and filing jointly) of your gain will be tax free.
Deals9 hours ago Home prices in the US hit another record, but sales are slowing down. Home prices in the US continued to climb in May, rising at the fastest pace on record and reaching new highs. But those high
9.4% Off9 hours ago Single-family home sales fell 9.4% month to month, while condominium sales were down 12.8%. Regionally, existing home sales in the Northeast fell 13% for the month and 29.9% from a year ago.
1% Off3 hours ago This morning's release of the July New Home Sales from the Census Bureau came in at 708K, down 1.0% month-over-month from a revised 701K in June. The Investing.com forecast was for 700K. The median home price is now at $390.5K.
2.71% OffJust Now The average interest rate as of Dec. 10 was a record low of 2.71% for a 30-year, fixed-rate mortgage, according to Freddie Mac. This isn’t the first time since the start of the pandemic that mortgage rates have set a record – the first time was on March 5, when Freddie Mac reported the average rate was 3.29%, a 50-year low for mortgage interest rates.
Deals4 hours ago Home sales are down 5 percent as baby boomers stay put. Tight housing inventory has taken a toll on home sales. Construction under way at a new housing plan in Zelienople, Pennsylvania on Feb. 26
Deals3 hours ago The homes that are for sale are relatively few and precious — that makes them more expensive and out of reach for many first-time homebuyers. New homes aren’t making up for the shortage.
Deals1 hours ago NAHB compiles annual, quarterly and monthly (not seasonally adjusted) data for new and existing homes. Additional information is also available in the U.S. Census Bureau’s most recent press release and the methodology of its data compilation.. Analyzing regional sales reports provides revealing comparisons of the number of new and existing homes sold within each of the four primary regions
7.7% Off9 hours ago 98115 Real Estate. The Seattle housing market is very competitive. Homes in Seattle receive 5 offers on average and sell in around 6 days. The average sale price of a home in Seattle was $799K last month, up 7.7% since last year. The average sale price per square foot in Seattle is $536, up 14.5% since last year. Join us.
Deals3 hours ago New home sales continued to rise for a third straight month amid a worsening economic outlook, with developers selling 1,080 non-landed private homes last month, up …
13.6% Off1 hours ago In the four weeks ending Sept. 20, home sales were up 13.6% annually in U.S. suburbs, 13% in rural areas and 8.8% in urban areas, according to a Redfin study. Home prices rose 16.6% in rural areas
10.3% OffJust Now Home prices up 10.3% statewide. Charese Gardner, the CEO and broker of Gardner & Associates, recently sat down and talked strategy with the seven agents who work for …
Deals9 hours ago With 3,605 existing homes put into escrow in the week ended June 13, pending sales are up 172 in a week but down 78 in a year. Options for house hunters remain slim.
DealsJust Now However, home prices do impact home values over time. Appraisers use recent sales of comparable homes to determine values. Values vary by long-term market trends as they affect the location, age, size and condition of homes. If prices rise constantly in a market, values will follow.
DealsJust Now Specifically, as-is homes may have unfinished basements, outdated kitchens, incomplete renovations, torn down walls, ripped up flooring or an unfinished yard or landscape. Missing appliances and light fixtures are also common in homes being sold as-is. On the other hand, an as-is home may not have any noticeable unsightly elements, but rather
Deals4 hours ago 219 Homes For Sale in Concord, NC. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia.
DealsJust Now Connecticut home purchases surged into the new year, as sales in January -- typically a slow month coming off the holidays -- reached a 15-year high for the month.
Deals8 hours ago Home buying predicted to slow down Fitch Ratings says that not only might fewer people buy homes, those who do go through with a purchase may end up paying less.
DealsJust Now Despite hopes that New York’s real estate market would spring back to life over the summer after the coronavirus lockdown was lifted in June, the number of closed sales in Manhattan was down by
Probably not. Home prices may even continue to rise, despite all the bad economic news. “We clearly saw a decline in home sales this year during the traditional spring homebuying season due to social-distancing measures, but house prices have continued to rise,” Kushi said.
Although the momentum in sales has slowed since the third quarter of last year, the housing market remains on solid footing. Pending home sales increased 8% in May, indicating that sales may rise in the next couple of months, after four months of consecutive declines.
At the same time, lockdown measures started to ease in June and buyers came back from the sidelines. Consequently, increased sales activity lowered the median sale price as a wider range of residential stock changed hands. But June and July’s declines were not only the result of increased transactional activity.
When sales are down, you know you have to make changes. As a sales person, your main job is to keep those numbers up, to keep generating revenue. You can’t afford to miss your sales targets time and time again.