Did You Know Existing Home Sales Reached Highest Mark Since 2007

Dated: 02/24/2017

Views: 1352

Existing Home Sales Reach Highest Mark Since 2007 [INFOGRAPHIC] | MyKCM

Highlights:

  • Sales of existing homes reached the highest pace in a decade at a seasonally adjusted annual rate of 5.69 million.

  • January marked the 59th consecutive month of year-over-year price gains as the median home price rose 7.1% to $228,900.

  • NAR’s Chief Economist, Lawrence Yun had this to say, “Much of the country saw robust sales activity last month as strong hiring and improved consumer confidence at the end of last year appear to have sparked considerable interest in buying a home." 

Want to Advertise on this Site?

Latest Blog Posts

560 Free Online Courses From Over 200 Universities

560 Free Online Courses From Over 200 Universities***Reposted with permission of freeCodeCamp - in it's entirety with no changesIf you haven’t heard, universities around the world offering their

Read More

Expired Real Estate Listings

When a listing expires, every seller has four options. That’s whenyou’ll see the described human behavior patterns come into play. 1. Re-list with their current real estate professional;

Read More

The JOY Of Owning A HOME

If you haven't bought a home yet, you're missing out on a wonderful feeling! That moment when you walk through your doors, throw your purse or keys on the floor, plop down on your couch and breathe

Read More

Building Permits On The Rise Signals Time To Sell

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau

Read More