Tag Archives: Short Sales

Another Top-10 List — The Hottest Residential Markets

Things change. And they always will. Period. What was hot at one time may be cool at another. And Vice-versa. That encompasses from coffee to iced tea to real estate markets. From a residential real estate perspective, the relative performance of a local market is a function of current supply and demand relationships and expectations …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

March 2014 Existing Home Sales Down 7.5 Percent From a Year Ago — Median Price Up 7.9 Percent: Weather, Lending Regulations and Affordability

March existing home sales were just released by the National Association of Realtors® (NAR), showing a 7.5 percent decline in sales from March 2013. Sequentially from February, sales were essentially flat, down just 0.2 percent. The Seasonally Adjusted Annualized Rate (SAAR) as of March 2014 was 4.59 million home sales. This was the lowest rate …Read more

September 2013 Existing Home Sales Up 10.7 Percent Year-Over-Year, Median Price Gains 11.7 Percent

The just-released September 2013 existing homes by the National Association of Realtors® (NAR) is truly dichotomizing the press, investors, analysts and economists between the Glass is Half Full and the Glass is Half Empty crowds. Year-over-year comparison from September 2013 shows an increase on a seasonally-adjusted annualized basis of 10.7 percent in the number of …Read more