Tag Archives: Home Sales

The National Housing Report from RE/MAX found that for the third month in a row, home sales in May rose higher than sales in the previous month. May sales were 11.5 percent higher than in April, but stubbornly remained below the same period last year by 9.9 percent.

The housing market took an unexpected dip in May, with home sales dropping year-over-year despite a surge in new listings. A report published by Redfin's Research Center indicated that home inventory was up 9.1 percent in May. That number represents the highest number of new listings to come onto the market in the last four years.

Freddie Mac announced the company is teaming up with the Veterans Association of Real Estate Professionals and the Kingdom Community Development Corporation to hold the American Heroes Housing Fair and Open House on June 21 in Fayetteville, North Carolina.

Home sellers in Southwestern Pennsylvania may have more to cheer about this summer than just the Pittsburgh Pirates. According to the May 2014 residential real estate report from the West Penn Multi-List, Inc., the outlook for the Southwestern Pennsylvania home market is steadily increasing as demand continues to rise and inventory works to keep up.

April sales of Massachusetts single-family homes dropped 2.3 percent compared with the same month last year, according to the latest from the Warren Group. The percentage decline represents a decrease from 3,508 last year to 3,427 in April.

U.S. residential properties sold at an estimated annual pace of 5.2 million in April, according to RealtyTrac's April 2014 Residential & Foreclosure Sales Report. April's sales pace is a decrease of less than 1 percent from March, but an increase of 4 percent from April 2013.

According to estimates released Friday by the Commerce Department, sales of new single-family homes last month were at a seasonally adjusted annual rate of 433,000, a 6.4 percent improvement over March’s upwardly revised rate of 407,000. March sales were originally reported at 384,000.

Homes are selling faster and at higher prices in the metropolitan Chicago real estate market in April, according to a recent analysis of market activity by RE/MAX. However, sales of distressed homes, either through foreclosure or short sales, fell off steeply for the month as the housing market continued to work through the foreclosure process.

In a recent ranking of the best beach town's by RealtyTrac, Hawaii held a slim majority over California and Florida with 11 of the top 20 beach markets in the nation. The company based its selections on four criteria: average temperature, percentage of sunny days, percentage of days with good air quality, and crime rates.

In a new report from PropertyRadar on California single-family home sales, the company found that sales were up 20 percent in April from March. However, sales fell on a yearly basis for the month, declining 13.3 percent. Despite the gains in April, year-to-date sales volume is the lowest it has been since 2008.