Home Sales, US Real Estate

New home sales fall slightly in October

By Mike Wheatley | December 2, 2019
The number of new home sales in the U.S. fell slightly last month, but they remain almost 10% higher than they were this time last year, according to data released by the Commerce Department this week. In addition, the last two months in new home sales represent the highest monthly sales rate since October 2007, […]
Real Estate, Residential

Home sales fall again as low inventory leaves buyers with fewer options

By Mike Wheatley | May 30, 2018
Existing home sales have failed to gain much traction in the past month, according to a new report from the National Association of Realtors released last week.
Home Buying, Residential, US Real Estate

Existing-home sales rise 2% in October, NAR reports

By Mike Wheatley | November 23, 2016
Existing-home sales ascended in October for the second straight month and eclipsed June's cyclical sales peak to become the highest annualized pace in nearly a decade, according to the National Association of Realtors.
Featured News, Real Estate, US Real Estate

Sales of existing-homes slump in July, lack of inventory to blame

By Mike Wheatley | August 25, 2016
Slowed by frustratingly low inventory levels in many parts of the country, existing-home sales lost momentum in July and decreased year-over-year for the first time since November 2015, according to the National Association of Realtors (NAR).
Featured News, Real Estate, US Real Estate

What's the Real Cause of the Housing Market Slump?

By Mike Wheatley | May 26, 2014
Rising mortgage rates are the main culprit for the weakening in home resales this year, and they could further dampen existing home sales, according to a new paper published by John Krainer, an economist at the Federal Reserve Bank of San Francisco.
Mortgage, US Real Estate

Foreclosure Crisis Slowly Coming To An End

By Mike Wheatley | February 3, 2014
The foreclosure crisis is ebbing away – but only in some parts of the country. Whilst most of the rest of the nation is slowly getting back on its feet, there are still five states that account for almost fifty percent of all completed foreclosures in the country.
Featured News, US Real Estate

Four Factors Driving The Housing Recovery Today

By Mike Wheatley | May 26, 2013
Last week, The Wall Street Journal published a detailed report on the current state of housing in the US, noting that existing home sales rose by just 0.6% in April, compared to the month before. This statistic seems unremarkable, yet it understates just how solid things are looking at the moment.
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