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Home Price Gains Contract Slightly in April
As the housing market shifted under the weight of elevated mortgage rates and inflation in April, the most recent S&P CoreLogic/Case-Shiller Indices show that price growth for single-family homes in the U.S. experienced a mild acceleration. The organization revealed that home prices climbed 20.4% in April, slightly down from March’s 20.6%. All 20 cities saw […]
Pending Home Sales Descend 3.9% in April
Pending Home Sales Descend 3.9% in April The latest contract signings mark six consecutive months of declines and are at the slowest pace in nearly a decade. Media Contact: Quintin Simmons 202-383-1178
Most Home Buyers Use Real Estate Agents
Buying a home is a significant financial transaction, and according to a new report from NAR, 87 percent of all buyers will use a real estate agent to help navigate it. www.nar.realtor – Real Estate Story Ideas
Remodeling: New Hardwood Floors and Home Offices Bring Most Joy
A new report analyzes a why people decide to remodel, the general costs of specific remodeling tasks, and the fulfillment experienced after a successful project has been completed. www.nar.realtor – Research
It’s a Hot Market. Does My Client Need a Home Inspection?
Many buyers in today’s red-hot real estate markets are tempted to skip the home inspection. Yet there are abundant reasons why a home inspection should be a necessity, even if it isn’t part of the sales contract. First, the home inspection allows the potential buyer to learn about any major defects or damage that may […]
2022 RE/MAX National Ad Campaign Celebrates Significance of Home, Champions Real Estate Agents Who Lead the Way There
Home has always been important, but since the onset of the pandemic, many people’s emotional attachment to their home has increased. For a lot of people, home the past few years has become a workplace, a school, a restaurant and a gathering place—the hub of their entire lives. Today, RE/MAX launched a new national advertising […]
Pending Home Sales Subside 2.2% in November
Pending Home Sales Subside 2.2% in November Each of the four major U.S. regions declined month-over-month. Only the Midwest saw an increase year-over-year. Media Contact: Quintin Simmons 202-383-1178
Strong New Home Sales a Moving Target Thanks to Revisions
Posted To: MND NewsWire November was another one of those months for new home sales when the topline numbers look terrific. And then you take a second look. The U.S. Census Bureau and Department of Housing and Urban Development reported on Thursday that new home sales surged 12.4 percent from October to November. However, the […]
String of Existing Home Price Increases Now Longest on Record
Existing home sales came in a little lower than expected in November, but it was still the third consecutive gain. The National Association of Realtors® (NAR) said sales of pre-owned single-family houses, townhouses, condos, and cooperative apartments were at a seasonally adjusted annual rate of 6.46 million units, a 1.9 percent increase over the 6.340 […]