Despite the devastation of Hurricane Sandy, sales of existing homes increased in October and prices continue their climb, according to the National Association of Realtors.
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NAR: Home Sales Down in September, But Prices On The Rise
The total sales of single-family homes, townhouses, and condominiums decreased by 1.7 percent to 4.75 million in September from 4.83 million in August. The increase from September 2011 to September this year was 11 percent. Foreclosures and short sales accounted for 24 percent of the sales in September.
US Foreclosure Picture Worsens in August
Confusing signals, that’s what conflicting reports of a real estate market gaining momentum and one headed back into the doldrums are good for. According to RealtyTrac’s August forecolusure report, defaults in the US are on the rise again.
Master Suite: Make Your Lack-Luster Bedroom Buyer Ready
Certain areas of a property are more important to buyers than others. Most people want to see a spacious kitchen with good storage, an open concept floor plan for entertaining and sometimes an office or work space. But one space that is important to most any buyer is the master suite. A lackluster master can be the make-or-break room in your home.