Sales of Existing Homes Slump in August Despite Lower Mortgage Rates
Total existing-home sales dropped 2.5% from July, to a seasonally adjusted annual rate of 3.86 million in August, the National Association of Realtors® reported on Thursday. The August sales figure, which excludes new construction, represented a 4.2% drop from one year ago and the lowest number for August since 2010.
The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come.
Agents with Allie Beth Allman & Associates can help. you find your next home or sell your home at the best price.
This week’s bargain sale was for a seasonal residence in the town of Spafford that sold for $4,700. County records say it’s ...
The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come ...
American home sales fell to the lowest level since October 2023, as home buyers held back in the face of high mortgage rates ...
Metro Phoenix’s median home price was flat at $440,000 last month compared to July. But it’s up from $435,000 a year ago.
The roughly 12,000-square-foot home with 75 feet of ocean frontage came on the market last year with a $45 million price tag.
As the Los Angeles mansion tax continues to make luxury property sales sluggish, Jim Carrey still struggles to sell off his ...
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