July
Existing-Home Sales Advanced 1.3% in July, Ending Four-Month Skid
Consumers are seeing more choices, and affordability is improving due to lower interest rates. www.nar.realtor – Research
July 2024 Foot Traffic
Nationally, Sentrilock home showings were up 1% year-over-year. Showings increased in the Northeast and the South regions of the U.S., and declined in the Midwest and West regions. www.nar.realtor – Research
Pending Home Sales Dropped 5.5% in July
Compared to one year ago, pending home sales increased in the Northeast but decreased in the Midwest, South and West. www.nar.realtor – Research
Instant Reaction: Mortgage Rates, July 25, 2024
The 30-year fixed mortgage rate from Freddie Mac was nearly unchanged at 6.78% this week vs 6.77% last week. www.nar.realtor – Research
Instant Reaction: Mortgage Rates, July 03, 2024
The 30-year fixed mortgage rate from Freddie Mac increased to 6.95% over the last week from 6.86%. www.nar.realtor – Research
Housing Affordability Challenges Persist in July 2023
At the national level, housing affordability was flat in July 2023 compared to the previous month. www.nar.realtor – Research
Instant Reaction: Jobs, July 7, 2023
Jobs have been added continuously since the lifting of the lockdown, but the latest monthly net gain of 209,000 is the smallest in 2.5 years. www.nar.realtor – Research
Thoughts on Leadership: Hamilton, July 4th and a $4 Frame
Did you know Alexander Hamilton was born in Nevis? Hamilton grew up in poverty, was abandoned by his father and around the age of 13, his mother died, leaving him to fend for himself as an orphan. Despite these hardships, he persevered, and through a penchant for learning and an ambitious spirit, eventually moved to… […]
Monday Minute: Week of July 25, 2022
Issues this week: Racism/discrimination in banking. www.nar.realtor – Fair Housing
Existing-Home Sales Fall for the Sixth Straight Month, Decline 5.9% in July 2022
In July 2022, existing-home sales fell month-over-month for the sixth consecutive time, reaching a 4.81 million seasonally adjusted annual rate, and fell 20.2% from July 2021. www.nar.realtor – Research