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Real Estate News

Latest Realty News from NAR

First-time Buyers Steer Existing-Home Sales Higher in September

WASHINGTON (October 20, 2016) — Existing-home sales rebounded strongly in September and were propelled by sales from first-time buyers reaching a 34 percent share, which is a high not seen in over four years, according to the National Association of Realtors®. All major regions saw an increase in closings last month, and distressed sales fell to a new low of 4 percent of the market.

Total existing-home sales 1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, hiked 3... Read More

Five Notable Nuggets from NAR’s Home Buyer and Sellers Survey’s 35-Year History

WASHINGTON (October 18, 2016) – When the first Profile of Home Buyers and Sellers was introduced 35 years ago by the National Association of Realtors®, mortgage rates were over four times higher than they are today and first-time buyers made up a much larger share of overall sales (44 percent). Over time, homebuyer tastes and behaviors have changed, yet many have stayed the same. In anticipation of the 2016 survey release on October 31, NAR has identified five noteworthy real estate trends since the survey’s inception.

NAR’s Profile of Home Buyers... Read More

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Larry Fleckinger | HouseMax Pro Realty | Phone: 321-433-1323 | findlarry@gmail.com
3270 Suntree Blvd., 1102, Melbourne, FL 32940
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