facebooktwittergoogle plus google plusReal Estate Blog YouTube My Escrow(800) 336-3629

HomeContact UsCommunity InfoNews & EventsEn Espanol

Tag Archives: national housing report

National Housing Report : Home Sales Up

Defying the normal trend, home sales in December rose above the number of November sales by a significant 14.4%. Sales were also 3.9% above those of last December. Although home sales have generally been lower in 2014 than 2013, three of the last four months have experienced sales higher than the same month last year. Home prices in December were also higher than one year ago, rising 5.9%. Inventory continues to be constrained, with 10.7% fewer homes for sale than last December. As a result, the Months Supply of inventory rose to 5.7 on a scale where 6.0 indicates a market balanced equally between buyers and sellers.

See the full report here : http://remaxallpro.com/pdfs/REMAX-National-Housing-Report-Jan2015.pdf

National Housing Report : Home Sales Cool Off in November

REMAX-NHR-Dec2014-945x1024

After two consecutive months of home sales higher than last year, November sales fell 5.2% lower than sales in November 2013. The winter months normally see lower sales than in the summer, but sales this year have mostly been lower than what was seen in 2013. However, home prices continue to rise, but at a slower rate than last year. The November Median Sales Price was $195,151, which was 6.1% higher than the median price last November. Inventory became slightly tighter in November with a 9.2% reduction from last year. Due to slowing winter sales, the Months Supply of Inventory rose to 5.6 on a scale where 6.0 indicates a market balanced equally between buyers and sellers.

See the full report here : http://remaxallpro.com/pdfs/REMAX-National-Housing-Report_Dec 2014.pdf