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Americans sold 4.06 million previously-owned homes in the year, the lowest since 1995, the National Association of Realtors said Friday. 2024 marked the third consecutive year in which sales were ...
Prospective homebuyers that exited the market in 2023 due to high home prices and mortgage rates may fare better in 2024. A new Realtor.com report predicts that the average mortgage rate in 2024 ...
New home sales in the South were 411,000 in 2024, roughly flat with 2023 levels and up slightly from 2022. Redy sees supply increasing in areas like the Sunbelt, but demand is climbing faster than ...
That led existing home sales to fall 0.7% last year to 4.06 million — the weakest showing for home sales since 1995 and edging out the terrible year for sales in 2023, the National Association ...
The housing market, which has been grappling with affordability challenges not seen since the early 1980s, may begin to ease later this year – but not enough to make a real impact for most ...
This year has been an interesting one for real estate. After a boom in buying during the COVID-19 pandemic, things slowed down as home prices remained high amid soaring mortgage rates. I'm a Real...
Around the time that mortgage rates hit 8%, existing-home sales plummeted a stunning 15% in September on a year-over-year basis to a seasonally adjusted annual rate of 3.96 million transactions ...
Read Next: The Minimum Salary You Need To Buy a Home in 2024 in All 50 States. Housing Prices Won’t Drop. While real estate prices could finally stabilize, it doesn’t look like they’ll drop ...