2021 on pace to tally biggest year in existing-homes sales since 2006

Inventory across all housing types fell 0.8 percent from the month previous and 12 percent year over year to 1.25 million units. Nonetheless, home sales are expected to exceed 6 million by the end of the year. Continue reading

Existing-home sales rise for second consecutive month in July

Total existing-home sales in July 2021 rose 2 percent on a seasonally adjusted annual basis from June to a rate of 5.99 million, according to the National Association of Realtors. Continue reading

Eviction and foreclosure moratoriums expire

Several economists and housing experts share what could unfold for homeowners, renters and the overall economy when the CDC’s eviction and foreclosure moratorium ends on July 31. Continue reading

Returns on home-flipping fall to 4-year low

In the second quarter of 2018, the average gross return-on-investment (ROI) for flipped homes was 44.3 percent, marking a 3.5 percent decline from the first quarter, and a 5.7 percent decline from this time last year. It’s also a major drop-off from th… Continue reading