Tag Archives: sales
January saw a slight increase in home sales, but now we’re back down, thanks in large part to the winter weather. After all, who likes to go shopping for their dream home when it’s icy and snowy outside? While the weather obviously affects the real estate market, the fact that there is limited available inventory
November was the first time in 29 months that we saw a decline in home sales both on a monthly and annual basis. The National Association of Realtors (NAR) calculated a drop to 4.9 million existing homes last month on an annualized basis, from 5.1 million in October 2013 and 5.0 million in November 2012.
The National Association of Realtors recently published a report showing that in October 2013, residential home sales slipped for the second straight month. The report revealed that completed transactions of condominiums, co-ops, townhomes and single family dwellings fell 3.2 percent between the months of September and October. Low inventory has been cited as the biggest reason
Shadow inventory dropped nearly 15 percent year-over-year in April and is at about a four-month supply—reaching its lowest level in nearly three years, real estate data provider CoreLogic reports. Shadow inventory, as defined by CoreLogic, refers to properties that are seriously delinquent by 90 days or more, in the foreclosure process, and properties that have
Although selling in a recovering market can be a challenging task, there are still steps sellers can take to entice buyers to bite. If you’ve already followed the usual protocol for staging and curb appeal, try the following: Get a professional opinion. Knowing what a professional appraiser deems your house to be worth will help