Tag Archives: Short Sales

March Existing Home Sales Up 1.5 Percent Year-Over-Year and Up 5.1 Percent Sequentially from February — Median Price Up 5.7 Percent from a Year Ago

March 2016 existing home sales rose 1.5 percent year-over-year on a seasonally adjusted annualized rate (SAAR) of 5.33 million, which was also up 5.1 percent sequentially from February per the National Association of Realtors® (NAR). The median price of $222,700 (for all property types) in March 2016 was up 5.7 percent versus March 2015. From …Read more

March 2015 Existing Home Sales Rocket Off the Pad — Up 10.4 Percent Versus March 2014 and Up 6.1 Percent Sequentially from February 2015

Existing home sales rocketed off the pad in March 2015, increasing 10.4 percent from March 2014 and up sequentially 6.1 percent from February 2015 as reported by the National Association of Realtors® (NAR). March sales reached a seasonally adjusted annualized rate (SAAR) of 5.19 million dwellings – the best posted number since September 2013. The …Read more

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