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Pending Home Sales Shrunk 2.7% in May
Pending Home Sales Shrunk 2.7% in May May 2023 pending sales surged in the Northeast; the other three U.S. regions posted month-over-month losses. All regions saw year-over-year declines. Media Contact: Lauren Cozzi 202-383-1178
Emerging Design Trends for Staging a Home in 2023
Staging a home can be one of the most effective ways to attract potential buyers to a property. As we take on the spring selling season, understanding and implementing new design trends to include in your home staging can give your sellers a competitive edge and help them achieve a faster, more successful sale. But… […]
Baby Boomers Overtake Millennials as Largest Generation of Home Buyers
Baby Boomers Now the Largest Generation of Home Buyers Most baby boomers are repeat buyers who have housing equity to propel them into their dream home and who are making housing trades later in life. Media Contact: Spencer High 202-383-1051 Working With Buyers, Working With Sellers, Working With First-Time Homebuyers, Working With Single Home Buyers, […]
7 Affordable Places to Buy a Vacation Home
Home prices are skyrocketing, but these locations aren’t pricing out second-home buyers. www.nar.realtor – Vacation, Resort, and Second Homes
Mountain-West Region Sees Increased Home Equity
The region had been growing for decades but the pandemic appears to have accelerated that trend. www.nar.realtor – Vacation, Resort, and Second Homes
Existing Home Sales Dropped 1.5% in December
Existing-home sales retreated for the eleventh consecutive month in December, according to the National Association of REALTORS®’ (NAR) recent existing home sales report. NAR’s latest data on existing homes found that total existing-home sales decreased 1.5% to 4.02 million, and YoY sales were down 34% from the 6.09 million last year. Three of the four… […]
Pending Home Sales Slid 4.0% in November
Pending Home Sales Slid 4.0% in November With mortgage rates falling throughout December, home-buying activity should inevitably rebound in the coming months and help economic growth. Media Contact: Lauren Cozzi 202-383-1178
Pending Home Sales Declined 4.6% in October
Pending Home Sales Declined 4.6% in October Month-over-month, contract signings fell in three of four major U.S. regions in October 2022, while the Midwest registered an increase. Media Contact: Lauren Cozzi 202-383-1178
U.S. Home Equity Increases Again in Q2 2022
U.S. homeowners with mortgages (which account for roughly 63% of all properties) saw equity increase by 27.8% year over year, representing a collective gain of $ 3.6 trillion, for an average of $ 60,200 per borrower, since the second quarter of 2021. This is according to the latest Homeowner Equity Report (HER) for the second […]