Posts with tag home sales

This may fall under the category of "too much of a good thing," but there is growing sentiment that the historically low interest rates on mortgages are actually fueling the stagnation of the housing market. By keeping rates low, the hope was that more people would be motivated to buy homes. And when that didn't happen,... Continue Reading »

WASHINGTON -- The number of Americans who bought previously occupied homes fell in September. Home sales are on pace to match last year's dismal figures -- the worst in 13 years. The National Association of Realtors said Thursday that home sales fell 3 percent last month to a seasonally adjusted annual rate of 4.91... Continue Reading »

Sellers should list their home on a Friday for the best chance of selling it, according to Seattle-based brokerage Redfin. Redfin analyzed data for 1.2 million listings in 16 markets nationwide over the past 21 months. The brokerage found that of all listed homes in those 16 markets, those listed on a Friday were 12... Continue Reading »

National home sales and median price listings in September went up from a year ago with the home inventory down about 20 percent, according to multiple reports Thursday. These positive signals were offset by a continued slight downward trend in home sales prices, down 3.3 percent from a year ago according to RE/MAX. But... Continue Reading »

WASHINGTON -- The homebuying season was a bust. March through August are typically the peak buying months. But this year, Americans bought fewer new homes in that stretch than in any other six-month period since record-keeping began a half-century ago. And sales of previously occupied homes didn't fare much better.... Continue Reading »