July Existing-Home Sales Slip

Existing-home sales declined in July from an upwardly revised June pace but are notably higher than a year ago, according to the National Association of Realtors. Total existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, fell 3.5 percent to a seasonally adjusted annual rate of 4.67 million in July from […]

Most Metro Areas See Home Prices Stabilizing

The National Association of REALTORS has released the 4th Quarter stats on state-by-state existing-home sales and metropolitan area median home prices. The report shows a positive upturn in the median sales price for the Greensboro-High Point area with a +1.7% yearly change. How did our North Carolina neighbors fare: Raleigh-Cary Area +0.5% Charlotte-Concord Area -0.1% […]

New-Home Recovery Seen as Post-Super Bowl Selling Season Starts

Home builder executives and economists predict a post-Super Bowl bounce in demand for residential construction as Americans turn their attention from football to another national pastime: house hunting. The chief executive officers of six of the 10 largest U.S. homebuilders cited the potential of a sales comeback in the spring, traditionally their strongest season, during […]