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Dennis Norman By: Dennis Norman According to the latest report released today from the National Association of REALTORS(R), existing home sales in August dropped 2.7 percent to a seasonally adjusted rate of 5.1 million units down from a level of 5.24 million units in July. This drop follows four-consecutive months of increases in the pace of [...] Dennis Norman By: Dennis Norman More good news on housing-house buyers are coming back and the housing market is setting records! According to the latest report released today from the National Association of REALTORS(R), existing home sales in July rose 7.2 percent to a seasonally adjusted rate of 5.24 million units up from a level of 4.89 [...] Dennis Norman The good news about the real estate market keeps coming! Don’t get too excited yet, I don’t know that the worst of it is over yet, not sure if the “fat lady has sang” yet or not, but at least the reports lately on the market have been encouraging. According to the latest report [...] Lawrence Yun, Chief Economist, NAR By: Dennis Norman Today the National Association of REALTORS(R) issued their Pending Home Sales Index Report for June showing pending sales were up for the fifth consecutive month, the first time in six-years for such a streak. This along, with other recent good reports on housing, indicate the strong possibility that [...] Dennis Norman By: Dennis Norman Today the National Association of REALTORS(R) released its existing home sales report for June showing an increase in sales for the 3rd month in a row and home prices declining less sharply. Existing home sales, including single-family, town-homes, condominiums and co-ops increased 3.6% in June to a seasonally adjusted annual rate of [...] By: Dennis Norman Lawrence Yun, Chief Economist, NAR The National Association of REALTORS(R) issued their Pending Home Sales Index Report for May which showed a very modest increase of 0.1% on the index, over April, however May marks the fourth month in a row the index has increased. It was almost five years ago (October, 2004) the last [...] |
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