Items Tagged with 'home sales'

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Ten-X: Housing slump may be temporary

Demand remains strong
Ten-X released its latest Ten-X Residential Real Estate Nowcast revealing a monthly decrease in December existing home sales. However, the jury is still out on whether the current slowdown is a seasonal blip or a more permanent trend.
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Rising interest rates already slowing home sales

Pending home sales fall to lowest level since January
Recent reports showed the impact of the post-election rise in mortgage interest rates on borrowers looking to refinance, with higher interest rates shrinking the pool of borrowers who have incentive to refinance. Now, the housing industry is getting its first look at how higher interest rates may also affect the purchase market, as a new report from the National Association of Realtors shows that pending home sales slowed in November to the lowest level since January.
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Here are 2016’s top 10 most popular homes for sale

Hint: No. 1 is the country’s biggest fixer-upper
As 2016 comes to a close, realtor.com put together a list of the year’s most popular homes for sale, as measured by clicks. Whether they're well known as movie locations or celeb homes, these houses captured the attention of many Americans this year. However, the attention didn't always translate to a sale.
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Bay Area suddenly heats up again

Home sales increase by 10% in November
After California’s recent cool-down in home sales, the Bay Area is heating up once again with increases in home sales during November. But is this a temporary post-election spike, or a new housing trend?
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NAR forecasts heated housing market in 2017

Home sales to continue to increase next year
The National Association of Realtors and other experts predict home sales will continue to increase into 2017. While home sales may increase, NAR explains that housing inventory may continue to cause affordability problems.
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