Existing home sales see biggest drop in 3 years. year progresses." First-time buyers were 29% of sales in January, which is down from 32% in December 2017 and 33% a year ago. NAR’s 2017.
What’s more distressed sales only accounted for 18% of sales, down from 21% in March, and 28% a year ago. A regional breakdown shows that existing home sales rose the most in the South, up. Yun NAR.
Statewide, sales dropped 7 percent from a year ago and nationally they slipped. chief economist with the National Association of Realtors. “Realtors are reporting diminished buyer traffic because.
DECEMBER 2010 Commercial real estate quarterly market survey 6 NATIONAL ASSOCIATION of REALTORS RESEARCH State-level data may register large fluctuations from one period to the next due to small sample sizes in some states.
· Not long ago, first-time buyers accounted for 40% of home sales. Now they’re down to 29% and falling, experts say, as first-time buyers confront a steady accumulation of.
Too many regulators in the kitchen Waldvogel & Swanson – What Millennials Want in Homeownership Following trends in the rest of the industry, Chase witnessed an increase in millennial homeownership. sapphire customers are Millennials, many of whom are looking to buy their first home now or in.DOJ, FTC and FERC Electric Power Merger Enforcement: Are There Too Many Cooks in the Merger Review Kitchen? Milton A. Marquis* I. INTRODUCTION electric utility mergers in the United States are subject to review not
In February, first-time buyers comprised 29% of sales, which is down from 31% a year ago but unchanged from the prior month. However, NAR holds a bullish stance stating that a solid U.S. economy accompanied with a healthy labor market will help the housing market reap solid gains.
Real Estate competition eases up in July Steady job gains and rising numbers of millennials moving out on their own has intensified the competition. at real estate data website Zillow, said. There are signs that the supply crunch could.
In the Inland Empire, loss risk rose to 19% – No. 8 among 100 metros studied – and up 2% in a year. Los Angeles County risk was 12% up from 2%, and Orange County’s chance of loss was 12% up.
“The pace of new listings is not catching up. But NAR’s report showed the slowdown in existing sales since spring is the result of a supply problem and not one of diminished demand. “Buyer traffic.
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Profile of International Home Buying & selling. home buyers and Sellers. August 29: July Pending Home Sales Index.. reported that home prices remained constant or rose in June 2019 compared to levels one year ago (87 percent in June 2018).. In June 2019, pending home sales were up 1.6% year- over-year.
Still, first-time buyers accounted for 29% of February buyers, according to NAR. That’s the first increase since November 2014.
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· "Buyer traffic is easily outpacing seller traffic in several metro areas and is why homes are selling at a much faster rate than a year ago. Most notably in the West, it’s not uncommon to see a.