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Market Updates

Home sales rise for a second straight month

Existing-home sales were up 1.7 percent to a seasonally adjusted annual rate of 5.45 million in April from an upwardly revised 5.36 million in March, according to new data from the National Association of Realtors (NAR). Last month’s sales were six percent higher on a year-over-year basis and also marked the second consecutive month of…

Tips to Prep Your Home for the Spring Homebuying Season

If you want to sell your home during this year’s spring selling season, now is the time to get moving. Sellers can rest assured, homebuyers are already looking. Today’s buyers, particularly younger ones, have high expectations. They are looking for a home in excellent condition, with all its best features showcased. “It’s the HGTV effect,”…

Sales of new homes race to nearly a 9-year high

-Reuters 24 August 2016 New U.S. single-family home sales unexpectedly rose in July, reaching their highest level in nearly nine years as demand increased broadly, brightening the housing market outlook. The Commerce Department said on Tuesday new home sales surged 12.4 percent to a seasonally adjusted annual rate of 654,000 units last month, the highest…

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