Wednesday, May 15, 2024 | The Latest Buzz for the Appraisal Industry

Existing Home Inventory UP Year-Over-Year For The First Time in 3 Years

The National Association of Realtors (NAR) reported that June saw the 5th consecutive monthly decline in Existing Home Sales today.  The annual pace of sales came in at 5.12 million, well short of the consensus (5.38m) and 5.4% lower than May’s 5.41m reading.  In the grand scheme of things, sales were already back in line with pre-pandemic levels over the last 2 months.  Today’s release leaves them near the lower end of the range seen

This post was originally published on this site

Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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