Sales Of US Existing Homes Slip Slightly In August
Sales of previously owned US homes fell in August, according to industry data released Thursday, but lower mortgage rates and growing supply were likely to boost the industry.
Here’s what you should know about buying a home ahead of a likely interest rate cut
On Wednesday, the Federal Reserve is widely expected to cut interest rates after keeping them at a 23-year high for more than a year, fueling hopes that America’s sluggish housing market might soon turn a corner.
Home buyers are holding their breath for rate cuts as existing home sales plunge to lowest since the pandemic
Existing home sales fell 1% in August from July, reaching their lowest level since the pandemic, according to a report from Redfin on Wednesday.
Home Sales Fall to Lowest Level in Almost a Year. A Turning Point Is Coming.
Home sales remained down in the dumps in August—but there’s reason to believe they could perk up soon. Previously owned homes were sold at a seasonally adjusted annual rate of 3.86 million in August,
Existing home sales fall in August despite lower mortgage rates
Sales of existing homes fell in August as house hunters remained on the sidelines despite mortgage rates hitting their lowest level in over a year.
Home sales ‘disappointing again’ — but Fed rate cut could be silver lining for buyers
US existing home sales fell more than expected in August as house prices remained elevated despite a continued improvement in supply. Home sales fell 2.5% last month to a seasonally adjusted annual rate of 3.
Prices still at record levels amid sluggish existing-home sales
Existing-home sales in August 2024 fell 2.5 percent from the previous month, according to the National Association of Realtors. The nationwide median sale price was $416,700, up 3.1 percent from last year and the highest August median on record.
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National Association of REALTORS® Reports Existing-August 2024 Home Sales Dipped 4.2% Year-Over-Year
Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – ...
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While New National Real Estate Rules Go Into Effect, Local Brokers Say They Expect Little Change
One month ago, the national real estate industry implemented new rules that caused changes. For some local brokers, it's ...
Ex-employee of Realtor group files sexual harassment suit against it
A woman who worked for the National Association of Realtors says she was fired after she reported instances of sexual ...
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Ex-employee's lawsuit alleges Realtors group was a toxic, hostile workplace
Roshani Sheth, who worked for an affiliate of the National Association of Realtors for five years ending in 2019, alleges ...
National Association of Realtors® Announces New “Consumer Guide” Series
Digestible, one-page resources provide clear guidance on key topics for home buyers and sellers working with agents who are Realtors®CHICAGO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- The National ...
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How Homebuyers Could Potentially Save Hundreds of Dollars a Month
According to National Association of Realtors (NAR), homebuyers could potentially save “hundreds of dollars a month” on their mortgages simply by shopping around before agreeing to any one ...
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Alabama Realtors ask NAR to decouple association memberships
Members of the Alabama Association of Realtors have expressed the desire for greater flexibility in choosing their level of affiliation.
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How are the national headlines impacting local real estate?
Since a $1.8 billion dollar class action lawsuit involving the National Association of Realtors was filed in a Missouri ...
Colorado realtors hope interest rate cut jumpstarts lackluster market
After a slower-than-average summer homebuying season, Colorado realtors hope this week’s interest rate cut will motivate ...
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Mainstreet Organization of Realtors announces new president and board of directors
Mainstreet REALTORS® announced Connie Vavra as its president for 2024-2025. Located in Round Lake Beach, and part of the RE/Max American Dream Group, Vavra has spent more than a ...
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Foreign Buyers Purchase $42 Billion of U.S. Homes in 2024, a 21 Percent Annual Decline
According to a recent report from the National Association of Realtors (NAR), foreign buyers spent $42 billion on U.S.