Tag Archives: NAR Report

Existing Home Sales Hiccup in July 2016 — Down 3.2 Percent Sequentially from June and Off 1.6 Percent Year-Over-Year

Existing home sales hiccupped in July 2016, falling 3.2 percent versus June and down 1.6 percent year-over-year to 5.39 million on a seasonally adjusted annualized rate (SAAR), according to the National Association of Realtors® (NAR). Median price rose 5.3 percent from a year ago to $244,100. Median prices have now risen 53 consecutive months on …Read more

June 2016 Existing Home Sales up 3.0 Percent Year-Over-Year to Greatest Level Since February 2007, Median Price Up 4.8 Percent to $247,700

U.S. existing home sales rose 3.0 percent year-over-year in June 2016 to 5.57 million on a seasonally adjusted annualized rate (SAAR) as reported by the National Association of Realtors® (NAR). This was greatest level seen since the 5.79 million reported in February 2007. Using unadjusted numbers, June residential home sales tallied 583,000. Median price was …Read more

DrTCJ’s Tweets June 17, 2016 Through July 7, 2016

For those of you that do not Tweet – you should consider doing so. If you want to talk about effective bang for the buck, the 140 total characters, letters, numbers and spaces of a Tweet on Twitter certainly qualifies. Who knew you could say so much in so little? More important perhaps, is that …Read more

Another Top-10 List — Best Housing Markets for Millennials

Millennials today make up the largest population cohort ever recorded in U.S., with an estimated 83 million in the 18 to 34 year old range. While many industry observers note that Millennials are not becoming homebuyers as did past generations, they also need to consider than their largest age group within Millennials is 24 years …Read more

Another Top-10 List — Fastest Growing Cities in 2016

There is a badge of merit for those metro areas having the greatest growth rates (both demographically as in population and economically) across the country. When It comes to population growth rates, bigger is better. Ditto the economy. What was hot last year, however, may not necessarily be so this year, and there may be …Read more