Sales Of US Existing Homes Slip Slightly In August
Sales of previously owned US homes fell in August, according to industry data released Thursday, but lower mortgage rates and growing supply were likely to boost the industry.
Here’s what you should know about buying a home ahead of a likely interest rate cut
On Wednesday, the Federal Reserve is widely expected to cut interest rates after keeping them at a 23-year high for more than a year, fueling hopes that America’s sluggish housing market might soon turn a corner.
Home buyers are holding their breath for rate cuts as existing home sales plunge to lowest since the pandemic
Existing home sales fell 1% in August from July, reaching their lowest level since the pandemic, according to a report from Redfin on Wednesday.
Home Sales Fall to Lowest Level in Almost a Year. A Turning Point Is Coming.
Home sales remained down in the dumps in August—but there’s reason to believe they could perk up soon. Previously owned homes were sold at a seasonally adjusted annual rate of 3.86 million in August,
Existing home sales fall in August despite lower mortgage rates
Sales of existing homes fell in August as house hunters remained on the sidelines despite mortgage rates hitting their lowest level in over a year.
Home sales ‘disappointing again’ — but Fed rate cut could be silver lining for buyers
US existing home sales fell more than expected in August as house prices remained elevated despite a continued improvement in supply. Home sales fell 2.5% last month to a seasonally adjusted annual rate of 3.
Prices still at record levels amid sluggish existing-home sales
Existing-home sales in August 2024 fell 2.5 percent from the previous month, according to the National Association of Realtors. The nationwide median sale price was $416,700, up 3.1 percent from last year and the highest August median on record.
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While New National Real Estate Rules Go Into Effect, Local Brokers Say They Expect Little Change
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National Association of Realtors® Announces New “Consumer Guide” Series
Digestible, one-page resources provide clear guidance on key topics for home buyers and sellers working with agents who are Realtors®CHICAGO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- The National ...
Ex-National Association of Realtors employee files lawsuit alleging sexual harassment, discrimination
An ex-employee of the Chicago-based National Association of Realtors has filed a federal lawsuit against the trade association alleging a hostile work environment that included sexual harassment and ...
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Ex-employee's lawsuit alleges Realtors group was a toxic, hostile workplace
Roshani Sheth, who worked for an affiliate of the National Association of Realtors for five years ending in 2019, alleges ...
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How Homebuyers Could Potentially Save Hundreds of Dollars a Month
According to National Association of Realtors (NAR), homebuyers could potentially save “hundreds of dollars a month” on their mortgages simply by shopping around before agreeing to any one ...
Boomers own 38% of America’s homes—but more than half never plan to sell
Among boomers who own homes, 54% say they never plan to sell the house they live in, according to a poll from Clever Real Estate.
Ex-employee of Realtor group files sexual harassment suit against it
A woman who worked for the National Association of Realtors says she was fired after she reported instances of sexual ...
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Foreign Buyers Purchase $42 Billion of U.S. Homes in 2024, a 21 Percent Annual Decline
According to a recent report from the National Association of Realtors (NAR), foreign buyers spent $42 billion on U.S.
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Alabama Realtors ask NAR to decouple association memberships
Members of the Alabama Association of Realtors have expressed the desire for greater flexibility in choosing their level of affiliation.
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How are the national headlines impacting local real estate?
Since a $1.8 billion dollar class action lawsuit involving the National Association of Realtors was filed in a Missouri ...
Why the NAR Real Estate Commissions Settlement Is a Cautionary Tale for RIAs
At first glance, the wealth management and real estate industries share few similarities. But savvy registered investment ...