Existing Home Sales Surge Into Summer INFOGRAPHIC

Dated: 07/10/2017

Views: 46

Image title

Some Highlights:

  • Existing Home Sales reached their third highest mark this year in May.

  • Inventory of homes for sale has dropped 8.4% since last year, marking the 24th consecutive month of year-over-year declines.

  • NAR’s Chief Economist, Lawrence Yun had this to say: “Those able to close on a home last month are probably feeling both happy and relieved. Listings in the affordable price range are scarce, homes are coming off the market at an extremely fast pace and the prevalence of multiple offers in some markets are pushing prices higher.”

Blog author image

Nicholas Yannitelli

Nicholas is the company Inquiry Coordination Director. In this position he will contact anyone with an interest in learning more about properties and make sure you are directed to the appropriate Exe....

Latest Blog Posts

Low Interest Rates Will Have A Huge Impact On Your Home Purchase

Low Interest Rates Will Have A Huge Impact On Your Home PurchaseAccording to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate

Read More

Sedona AZ Whether You Rent Or BuyYou Are Paying Someones Mortgage

Whether You Rent or Buy…You Are Paying Someone's Mortgage Sedona AZ: There are some people who have not purchased homes yet because they are uncomfortable taking on

Read More

Buying Remains Cheaper Than Renting In 39 States

Buying Remains Cheaper Than Renting in 39 States!In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed

Read More

Oct 16 2017 38829 1

Real estate trends:http://www.premiersedonaproperties.com/blog/real-estate-trends?ts=blgPhilip TatumRealty Executives Northern Arizona928-274

Read More