Kris and Kim's Blog

Great Stuff on Interesting Topics

Existing Home Sales Reach Highest Mark Since 2007

The Existing Home Sales Reach Highest Mark Since 2007: Many of our local market are seeing increased sales.  As a result, it’s a good time to sell your home.

In this Infographic, you’ll see areas of growth across the United States.

Highlights:

  • Sales of existing homes reached the highest pace in a decade resulting in a seasonally adjusted annual rate of 5.69 million.
  • January marked the 59th consecutive month of year-over-year price gains. Hence, the median home price rose 7.1% to $228,900.
  • NAR’s Chief Economist, Lawrence Yun had this to say, “Much of the country saw robust sales activity last month as strong hiring and improved consumer confidence at the end of last year appear to have sparked considerable interest in buying a home.” 

In conclusion, with sales in the West up 8.4% year over year, 2017 is shaping up as the year to sell your home.

Kris and Kim Darney – REALTORS® – Grandparents – 714.657.6634

The Darney's are Interviewed in the Contra Costa Times…C.A.R. Reports Sharply Increased Home Prices

http://www.contracostatimes.com/california/ci_16695640?nclick_check=1 Joe Nelson, Staff Writer Posted: While California home sales showed a statewide decline in October, from both the previous month and previous year, some cities in San Bernardino County showed a...

$2.6 Billion in Free Rent According to WSJ

Interesting tidbit from the Wall Street Journal. Defaulters who continue to live in their homes are getting a “subsidy” worth a collective $2.6 billion each month, according to data from LPS Applied Analytics and rent data from the Commerce Department. And the longer...

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