Two new data reports pointed to an increase in U.S. single-family home sales and a decline in home prices. The U.S. Census Bureau and Department of Housing and Urban Development reported sales of new single‐family houses during May were at a seasonally adjusted annual...
The Empire State’s housing market had another enervated month in May, according to data from the New York State Association of Realtors. Closed sales fell from 11,075 homes in May 2022 to 8,819 sales last month, a 20.4% plummet. Pending sales were down 4.1% from...
Existing home sales during May recorded a scant 0.2% uptick from the previous month and a significant 20.4% year-over-year decline, according to data from the National Association of Realtors (NAR). A total of 4.30 million completed took place last month – one year...
A total of 72,960 single-family homes and condominiums were flipped in the first quarter of this year, according to new data from ATTOM. This represented 9% of all sales, compared to 9.4% in the first quarter of 2022 and 8% in the fourth quarter of last year. Among...
Realtor.com has updated its housing forecast for the second half of the year, with predictions for a less onerous mortgage rate level and fewer home sales. The revised forecast points to mortgage rates averaging 6.4% throughout the year before sliding to 6.1% by...
Glover Agency Goes Independent After 17 Years With Keller Williams
