You can write it down now, the real estate market in Hampton Roads/Northeaster North Carolina and most of the rest of the country is in a downturn. Things went south in June 2022 and haven't improved significantly since. The federal government's … [Read more...]
More than 10% of Homes Sold had a Sales Price over $500,000
Data based on May’s existing home sales release, covering April figures. For more information, check out the “supplemental market data” file on the EHS data page. Sales growth was largest among homes in above-median-priced … [Read more...]
Roughly 40% of existing homes sold in the US are sold in the South
April home sales data show that about 40 percent of all existing homes in the US are sold in the South. At the current seasonally adjusted sales rate, that’s more than 2 million a year. For decades, the South has had the largest number of housing … [Read more...]
Cash Sales: 27 Percent of Residential Sales
Approximately 27 percent of REALTORS® reported making cash sales in August, unchanged from July’s figure, according to the latest REALTORS® Confidence Index survey. The percentage of cash payments fluctuates from month to month. The high … [Read more...]
