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Home | Tag Archives: Home Sales

Tag Archives: Home Sales

Healthier Market Welcome Sight for Spring Home Buyers

Healthier Market Welcome Sight for Spring Home Buyers

The National Housing Trend Report for March was just released by Realtor.com, and it offers some great news for spring home buyers. The market is much healthier this year, with growth in inventory and days on the market. With modest price increases present, the overall outlook is good.

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California Home Sales Jump Higher in March

California Home Sales Jump Higher in March

The California Association of Realtors (CAR) reported 367,000 closed escrow sales of existing single-family detached homes, seasonally adjusted at an annualized rate. March marked the fifth straight month with sales below the 400,000 level, and the eighth month of declining sales on a year-over-year basis.

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SoCal Home Sales Stuck at 6-Year Low

SoCal Home Sales Stuck at 6-Year Low

Southern California home sales quickened slightly in March compared to February but are far below average, according to a new report issued by DataQuick. The company reported that home sales were at the lowest levels for a March in six years.

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Builders Remain in a Holding Pattern, Expect Improvement

Builders Remain in a Holding Pattern, Expect Improvement

The National Association of Home Builders (NAHB) reported a one-point increase in its monthly Housing Market Index (HMI), a measure of builders’ confidence in the market for newly constructed single-family homes. Registering 47 as of the latest release, the index has now spent three straight months below 50, the threshold between a market viewed largely as “good” and one viewed as “bad.”

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Spring Thaw Expected to Help Minnesota Homeowners

Spring Thaw Expected to Help Minnesota Homeowners

After a long, dreary winter, the Minneapolis Area Association of Realtors (MAAR) pointed towards signs of renewed optimism in the 13-county Minneapolis-St. Paul metropolitan area. Seller activity rose 5.5 percent to roughly 6,500 newly listed homes in March. Although inventory remains near a 10-year low, the group believes consumers should have more options this year compared to recent years.

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Single-Family Sales Increase in Connecticut

Single-Family Sales Increase in Connecticut

According to a new report from the Warren Group, single-family home sales are up 2.6 percent overall this year in Connecticut, with a 2.8 percent increase in February of this year from last year. Fighting a low inventory this month, the month represents ten straight months of increases in a row, easing fears.

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Decline in Mortgage Rates Helps Spring Buying Season

Decline in Mortgage Rates Helps Spring Buying Season

Good news for homebuyers—Freddie Mac reported the 30-year fixed-rate mortgage (FRM) averaging a rate of 4.34 percent (0.7 point) for the week ending April 10, a decline from 4.41 percent last week. A year ago at this time, the 30-year fixed was down nearly a full percentage point: 3.43 percent.

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Financial Education Paramount for Texas Homebuyers

Financial Education Paramount for Texas Homebuyers

Through a partnership between the Texas State Affordable Housing Corporation (TSAHC) and the Texas Association of Realtors (TAR), the joint campaign "Get Ready: Making Texans Homeowners for Life" will work to increase awareness of educational programs among potential home buyers.

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Home Prices Expected to Thaw in Spring Months

Home Prices Expected to Thaw in Spring Months

Homevestors of America expects home prices to surge in the coming months, recovering from the winter storms that plagued large swaths of the country, limiting home prices and home sales. Three Texas cities led the list—Homevestors noted Fort Worth, Houston, and Austin as prime metros for home price growth.

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