Tag Archives: Existing Home Sales

September Existing Home Sales Hit the High-Water Mark of 2014 at 5.17 Million on an Annualized Basis — Median Price Up 5.6 Percent Year-Over-Year to $209,700

September existing home sales rose to the highest level seen thus far in 2014, reaching a seasonally adjusted annualized rate (SAAR) of 5.17 million according to the National Association of Realtors (NAR). While sales rose 2.4 percent sequentially from August, they were 1.7 percent less than the 5.26 million SAAR seen a year ago. The …Read more

August 2014 Existing Home Sales – Dipping 1.8 Percent Sequentially from July and Down 5.3 Percent Year-Over-Year from August 2013 — Not Necessarily Bad News

Sales of existing homes in August were on track at a seasonally adjusted annualized rate (SAAR) of 5.05 million homes, down 1.8 percent from July 2014 and off 5.3 percent from August 2013 according to the National Association of Realtors® (NAR). Median home prices rose 4.82 percent to $219,800 in August 2014 versus a year …Read more

July Existing Housing Sales Hit Highest Annualized Level of 2014

July 2014 saw existing housing sales post the greatest seasonally adjusted annualized rate (SAAR) thus far this year at 5.15 million units according to the National Association of Realtors® (NAR). Sales increased 2.4 percent sequentially from June (revised), though they were off 4.3 percent from July 2013. Median price increased 4.9 percent from a year …Read more

Portland, Oregon — An Award Winning Rose of an Economy

This week I had the opportunity to speak to the Oregon Mortgage Bankers Association in Portland, Oregon. It was a fun trip to catch up with colleagues, friends, customers and for the first time, see a new granddaughter as my daughter, son-in-law and children live there. The Portland-Vancouver-Hillsboro Metropolitan Statistical Area (MSA) created 28,900 net …Read more

May 2014 Existing Home Sales Post Largest Sequential Monthly Gain Since August 2011 — But Still Remain Down 5 Percent from a Year Ago

As the summer weather warms, so is the housing market. May 2014 existing home sales rose 4.9 percent from April to a seasonally adjusted annualized rate (SAAR) of 4.89 million sales according to the National Association of Realtors®. With April’s 4.66 million sales on a SAAR basis (revised upwards), that made the largest sequential monthly …Read more

Another Top-10 List — Best Beach Town Housing Markets

As the summer kicks off, many renew the dream of buying and owning a property on or near a beach. After all, what is more mesmerizing than watching, being in or on the water. RealtryTrac® analyzed 100 beach towns in the U.S. They examined the average daily temperature, percentage of sunny days, percentage of days …Read more