New Home Sales Fall in August, But Remain Strong

New Home Sales Fall in August, But Remain Strong

In August 2024, new home sales faced a significant decline, down 4.7% compared to the previous month, with a seasonally adjusted annual rate of 716,000 homes sold. This figure follows a notable increase of 10.6% in July, demonstrating... Read more »

U.S. home sales fall to historically low level: Redfin – NEIL PIERSON, HousingWire

According to the national real estate brokerage, only two months in the past decade have seen lower levels of home sales than last month. The first occurred in May 2020, when the... Read more »
Existing-Home Sales Dipped 2.5% in August

Existing-Home Sales Dipped 2.5% in August

WASHINGTON, D.C—Existing-home sales fell in August, according to the National Association of Realtors. Three out of four major U.S. regions posted sales declines while the Midwest registered no change. Year-over-year, sales slipped... Read more »
Mortgage software firm LenderLogix hires sales expert Ben Head

Mortgage software firm LenderLogix hires sales expert Ben Head

Buffalo, New York-based mortgage technology firm LenderLogix, a top provider of point-of-sale (POS) and automation software for independent mortgage banks, commercial banks and third-party brokers, announced Thursday that Ben Head will join... Read more »
Existing-Home Sales Slipped 5.4% in June; Median Sales Price Jumps to Record High of 6,900

Existing-Home Sales Slipped 5.4% in June; Median Sales Price Jumps to Record High of $426,900

Existing-home sales faded 5.4% in June to a seasonally adjusted annual rate of 3.89 million. Sales also slumped 5.4% from one year ago.The median existing-home sales price bounced 4.1% from June 2023... Read more »
Existing-Home Sales Advanced 1.3% in July, Ending Four-Month Skid

Existing-Home Sales Advanced 1.3% in July, Ending Four-Month Skid

Key Highlights Existing-home sales grew 1.3% in July to a seasonally adjusted annual rate of 3.95 million, stopping a four-month sales decline that began in March. However, sales slipped 2.5% from one... Read more »
Are Existing Home Sales Falling in the US?

Are Existing Home Sales Falling in the US?

What is the Trend in Home Sales in the US? The current trend in the U.S. housing market, specifically regarding existing home sales, indicates a significant upturn rather than a decline. In... Read more »
The Impact of Low Appraisals on Home Sales and Mortgages — RISMedia

The Impact of Low Appraisals on Home Sales and Mortgages — RISMedia

When buying and selling real estate, the appraisal is pivotal. It’s an expert’s objective estimation of a home’s worth and serves as a cornerstone for financial decisions in real estate transactions. However,... Read more »
Mortgage software firm LenderLogix hires sales expert Ben Head

Ryan Serhant launches broad-based sales training tool 

Ryan Serhant — the acclaimed real estate broker, media personality and serial entrepreneur — is moving beyond his career in real estate to delve into the broader arena of sales.  Serhant has... Read more »