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Tag: existing home sales

30-Year Rates Inch Back Down This Week, Average 2.73%

January 30, 2021 Chris B. Georgakopoulos

“As the market reacts to a new administration in Washington and COVID-19-driven economic malaise, mortgage rates continued to decrease this…

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Posted in: Daily News Filed under: Buyer Demand, Coronavirus Pandemic, COVID-19, daily news, EHS, existing home sales, Federal Reserve, Freddie Mac, housing inventory, Mortgage Applications, mortgage rates, NAR Weekly Recovery Report

2020’s Existing-home Sales Attain 14-Year Peak

January 28, 2021 Chris B. Georgakopoulos

“This momentum is likely to carry into the new year with more buyers expected to enter the market,” says NAR’s chief…

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Posted in: Daily News Filed under: 2020, daily news, distressed properties, EHS, existing home sales, First-time Homebuyers, housing inventory, investors, NAR Existing Home Sales Report, second homes

New-Home Sales Are 41.5% Higher Than a Year Ago

December 1, 2020 Chris B. Georgakopoulos

Buyers continue to shift from city centers to the suburbs, the home builder’s trade group says. Buyers are increasingly are…

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Posted in: Daily News Filed under: existing home sales, homebuilding, Homebuying, Inventory Shortage, NAHB, new home sales

July Home Sales Show Recovery Is Sticking

August 22, 2020 Chris B. Georgakopoulos

Extending record gains from June, “the housing market is now booming,” NAR Chief Economist Lawrence Yun says. Existing-home sales soared…

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Posted in: Daily News Filed under: Buyer Demand, Coronavirus Pandemic, COVID-19, daily news, EHS, existing home sales, Housing Market, housing snapshot, Inventory Shortage, Lawrence Yun, NAR, real estate news, Realtor.com, Recovery Index

Existing Home Sales Up 8.7% Versus A Year Ago

Chris B. Georgakopoulos

The latest existing home sales numbers. Source: Diana Olick, CNBC, August 21, 2020

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Posted in: Daily News Filed under: Buyer Demand, CNBC, daily news, Diana Olick, existing home sales, Housing Market, mortgage rates, real estate news

Existing-Home Sales Surge to Record Pace in June

July 23, 2020 Chris B. Georgakopoulos

“This revitalization looks to be sustainable for many months ahead as long as mortgage rates remain low and job gains…

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Posted in: Daily News Filed under: 2020, existing home sales, housing, housing snapshot, Inventory Shortage, NAR

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