Are Home Sales Tanking? Posted: 03 Dec 2013 04:00 AM PST If you read some of the headlines about home sales over the last few weeks, you may believe that sales of houses in the U.S. are beginning to slow dramatically. There have been some that have used the recent Existing Home Sales Reports (EHSR) from the National Association of Realtors’ as proof of this supposition. We should be careful not to put too much credence in these reports of impeding doom. It is true that the last EHSR revealed that sales were down 3.2% from the previous month. However, there are two crucial points that are not being addressed:
Sales of non-distressed properties are increasing nicely. However, as the inventory of distressed properties continues to shrink, the number of overall properties sold may diminish over the next few months. This is a sign that we are entering a much healthier housing market. |
14,027 Houses Sell Every Day in the U.S.!! Posted: 02 Dec 2013 04:00 AM PST There are some homeowners that might consider waiting for the spring to sell their house thinking that no one buys a home during the winter months. What we should understand is that homes sell EVERY DAY. As a matter of fact, according to the latest Existing Homes Sales Report from the National Association of Realtors, on average 14,027 homes sell daily in this country. It is true that more houses sell in the spring than the winter in most markets. However, it is also true that there will be more competition as many sellers wait to the spring to put their house on the market. Thousands of homes sell each and every day in this country. Don’t be afraid to put your house on the market this winter. |
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