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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 ...
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...
The National Association of Realtors (NAR) said on Thursday its Pending Home Sales Index, based on signed contracts, fell 5.5% last month to 74.2 from a downwardly revised 78.5 in November.
The busy spring real estate season's here, and in most of the country, it's still a seller's market. According to Forbes, record-low inventory has made housing stock hard to come by -- but the...
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 ...