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They accounted for just 30% of all homes sold last month. That’s up from 27% in October, but down from 31% in November last year. First-time buyers have accounted for 40% of sales historically.
Homes.com, Inc. is the second-largest real estate portal by traffic market share in the USA in 2023. Headquartered at 501 S. 5th Street Richmond, Virginia , United States , Homes.com maintains additional offices in Boca Raton, Florida ; Tallahassee, Florida and San Diego , California .
Average mortgage rates inch higher across popular terms as of Tuesday, December 24, 2024, pushing the 30-year fixed rate to 7.00% nearly a week after the Federal Reserve announced a third ...
Compass, Inc. operates a residential real estate brokerage in the United States. [4] [5] It has approximately 29,000 agents, who are generally independent contractors, on its platform. [2] In 2023, the company completed 178,848 transactions for a gross dollar value of $186.1 billion. It had a market share in the U.S. of 4.5%. [2]
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
Prices for previously owned homes rose from last month’s levels. From the NAR : "The median existing-home price for all housing types in October was $407,200, up 4.0% from one year ago ($391,600).
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